Beijing approves the merger of two state-owned nuclear giants

China’s state asset regulator has been driving consolidation of businesses it supervises to help the economy grow at a slower but more sustainable pace Beijing has given the green light to the merger between two nuclear giants as it continues to pursue further consolidation of state-owned industrial juggernauts to enhance operating efficiency. China National Nuclear …

Can France Mix Nuclear and Renewable Power?

France’s nuclear giant has a plan to survive the wave of renewable energy that’s sweeping aside old-fashioned utilities across Europe. First it needs to disprove the conventional wisdom about how reactors work. Electricite de France SA says its fleet of nuclear reactors aren’t just able to provide a steady stream of power, they’re flexible enough to …

S. Korea reaffirms support for nuclear energy export push

SEOUL, Jan. 23 (Yonhap) — South Korea’s energy minister vowed Tuesday to support local companies’ overseas sales of nuclear reactors, even as the Asian country reduces use of nuclear power as part of its renewable energy initiative. Under the energy transformation policy, South Korea plans to increase use of renewable energy from 7 percent in …

Wyoming uranium producers appeal to Trump to decrease foreign imports

The two largest uranium producers in the country, both operating in Wyoming, are asking President Donald Trump for relief from one of their greatest challenges: foreign imports. Denver-based Energy Fuels and Ur-Energy petitioned the Department of Commerce to look into whether imports from dominant uranium producers, like Russia, pose a national security risk. The firms …

Senate environment panel chief backs probe into uranium imports

WASHINGTON (Reuters) – The chair of the Senate’s Environment and Public Works Committee said on Thursday he wants the Commerce Department to investigate the impacts of uranium imports from Russia and central Asia on national security, backing a request from two U.S. uranium mining firms who filed the petition. “America’s ability to produce uranium is …

A Troubling Scenario for Kazakhstan

Key Points Kazakhstan President Nursultan Nazarbayev has anchored the country’s political system for over a quarter century, making the uncertainty of his eventual succession a potential flash point for instability. In the event of volatility in Kazakhstan, Russia would, at a minimum, seek to secure its own borders and also possibly intervene on the pretext …

Colorado uranium companies ask Trump for help

Two Colorado uranium companies are jointly asking President Trump to help the U.S. uranium mining industry. In a joint letter yesterday to the U.S. Commerce Dept., Energy Fuels Inc. (NYSE: UUUU) of Lakewood and Ur-Energy Inc. (NYSE: URG) of Littleton said that they want protection from “imports of uranium products that threaten national security.” The companies …

Australia is the world’s third-largest producer of uranium, so why aren’t we using it?

When weighing up the pro’s and con’s of coal, solar and wind energy, there is always one alternative that seems to get swept under the rug – nuclear energy. The Minerals Council of Australia will today reinvigorate the debate over nuclear power. In a pre-budget submission to Scott Morrison, the council is urging the government to take …