The Benefit Of Extending Usage of Nuclear Plants

As the weekly uranium spot price continues to move in a tight range, new research explores the effect of delaying nuclear plant closures on global uranium demand. -The effect on uranium demand of delaying plant closures -Fourth quarter results for Kazatomprom -Uranium spot price falls marginally In the wake of President Biden’s inclusion of nuclear …

First silver, now uranium — fears of supply shortages drive up yellowcake share prices

While silver stocks on the ASX retreated after their exuberant buying spree on Monday, Tuesday was a day in the sun for their uranium counterparts. The trigger for the yellowcake stocks was, unlike Reddit in the case of silver, a more established source – the Bank of America (BofA). As the Australian market opened on Tuesday, …

Cameco, Uranium Stocks Soar After BofA Predicts Jump In Global Uranium Demand

While we have previously laid out the bullish case for uranium stocks in general, and Cameco (CCJ) – which controls the world’s largest high-grade uranium reserves and low-cost operations and is one of the largest global providers of the uranium fuel – in particular (here, here, here and here), today this thesis got a swift boost …

Construction of phases 2, 3 of Bushehr nuclear plant has started

TEHRAN- Hadi Beiginejad, a senior member of the Parliament’s Energy Committee, said on Sunday that Iran has started construction of phases 2 and 3 of the Bushehr nuclear power plant. “The second and third phases of the Bushehr power plant development have been signed with the Russians under 10-year and 8-year contracts,” Fars quoted Beiginejad …

Bulgarian cabinet approves plan for new unit at Kozloduy

The Bulgarian Council of Ministers, at a meeting on 20 January, approved plans presented by the Minister of Energy to construct a seventh unit at the Kozloduy nuclear power plant using Russian-supplied equipment purchased for the Belene project. The minister noted discussions have been held with Westinghouse of the USA to construct the unit. During …

India Debuts Largest Domestic Reactor With More Planned

India’s success in connecting its largest domestically-built nuclear reactor to the grid is a boost for plans to deploy the technology to help the world’s third-biggest polluter limit emissions, according to the official overseeing the plans. The 700-megawatt pressurized heavy water reactor of the Kakrapar Atomic Power Station, located in the western state of Gujarat, …