Figure 1 -NANO Nuclear Energy Inc. Chief Executive Officer James Walker and Richwell Lukonga, Chief Executive Officer of the Namibia Industrial Development Agency following the signing of the MoU. NANO Nuclear Energy Inc. (NASDAQ: NNE) (“NANO Nuclear” or “the Company”), a leading advanced nuclear energy and technology company focused on developing clean energy solutions, today …
Ontario is preparing to expand its nuclear energy capacity to meet rising electricity demand, a move that could support uranium consumption and create opportunities for critical-mineral development. The Energy for Generations plan, released this month, sets out Ontario’s integrated long-term strategy to modernize the grid, expand transmission and guide power supply as demand is expected to rise …
Kazakhstan and China plan to co-develop a transboundary uranium field, Kazinform News Agency reports. The Satbayev Institute of Geological Sciences, China University of Geosciences (Beijing), the China National Nuclear Corporation (CNNC) and Xiamen Wanli Stone Co., Ltd signed a framework agreement on joint comparative research of transboundary strategic ore belts between Kazakhstan and China, Kazakh …
Slovakia will not support the 18th package of sanctions against Russia without addressing the problems caused by the cessation of gas, oil, and nuclear fuel supplies. The EU may vote on the sanctions on June 20. Slovak Prime Minister Robert Fico threatened not to support the 18th package of EU sanctions against Russia without solving …
Uranium mining is a top issue for both state and federal officials. President Donald Trump issued an executive order in late May with the stated aim to “accelerate the secure and responsible development, demonstration, deployment, and export” of nuclear technology — a call the 89th Texas Legislature heeded with a bill to amend barriers in the state …
Kazatomprom, the world’s largest uranium producer, is exploring the possibility of supplying uranium to Bulgaria’s nuclear power plant (NPP) and is already in talks with the Bulgarian side, according to Nurlan Zhakupov, CEO of Kazakhstan’s Samruk-Kazyna National Welfare Fund, which controls the uranium company. Zhakupov noted that Bulgaria’s NPP operates two reactor units, offering opportunities for …
Nuclear-power demand is set to grow with Meta-Constellation deal The four executive orders recently signed by President Donald Trump help to address the importance and growth of the U.S. nuclear-energy sector in domestic power generation, but it’ll be quite a challenge for the nation to provide the uranium it requires to quadruple nuclear-energy capacity in …
New findings show both countries increasing reliance on oil, gas, and nuclear fuel from Russia despite available alternatives. Hungary and Slovakia continue to rely heavily on Russian oil, gas, and nuclear fuel, despite having technical and economic capacity to switch to alternative sources, according to a detailed joint report by the Centre for the Study …
Shares in companies tied to nuclear power jumped Friday, helped by President Donald Trump’s rollout of four executive orders that aim to provide a boost to the sector, but there were concerns about whether there could be much of a near-term impact. One order seeks to speed up the adoption of specialized nuclear reactors at …
The army of short sellers targeting uranium stocks was scrambling to cover its positions on Friday following reports that US President Donald Trump was about to sign executive orders that aimed to jumpstart the nuclear energy industry as soon as Friday (Saturday AEST). The orders are set to ease the regulatory process for the approval …