NANO Nuclear and the Namibian Government Sign Memorandum of Understanding to Develop Namibian Domestic Nuclear Fuel Supply Chain Infrastructure

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 nuclear plan could boost uranium mining

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 to co-develop transboundary uranium field

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 …

Slovak Prime Minister Fico threatens veto on EU’s 18th package of sanctions against Russia: what he demands

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, Nuclear Energy Expansion Bills Headed to Abbott’s Desk

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 …

Kazakhstan weighs uranium supplies to Bulgaria

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 …

Trump and Meta’s nuclear deals address the AI-fueled energy crisis. But can U.S. uranium supply meet demand?

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 …