Korea Hydro & Nuclear Power (President & CEO KIM Hoe Chun, hereinafter “KHNP”) signed a Letter of Intent (LOI) with French company Orano for long-term cooperation in the uranium enrichment sector at the Elysee palace, in the presence of two Presidents of South Korea and France. The LOI builds on the MoU on global and …
South Africa’s Industrial Development Corporation (IDC) plans to sell its stake in a Namibian uranium project because the mine’s backers include Iranian and Russian entities. The IDC owns about 10.5% of Rossing Uranium, the development financier said in its annual report. The Iranian and Russian firms are under international sanctions, which would leave the IDC vulnerable, the company said. “The …
Uzbekistan plans to complete design documentation for a new nuclear power plant by the end of 2026, according to the state nuclear energy agency Uzatom. The project is also expected to enter a new phase later this year, with construction of external infrastructure networks scheduled to begin and efforts to expand the local production of …
Uranium prices are gaining momentum again, approaching $89/lb in August after spending five months range-bound between $84 and $87. A structural supply deficit is driving the bullish outlook, as years of underinvestment and decade-long mine development timelines struggle to keep pace with expanding reactor demand. AI, data centers and China’s nuclear buildout could tighten the …
The era of “cheap” uranium is fading away, Kazatomprom’s CEO told investors in a half-year financial results call that also gave updates on forthcoming contracts and delays to an acid plant construction project. Citing the pledge signed by 38 countries across the world – together making up more than 70% of global GDP – to …
Core Power said it is targeting first construction “from 2028” under a newly announced federal-private cooperation framework to accelerate the commercial, industrial and regulatory pathway for a future fleet of US-flagged nuclear-powered merchant ships. The US Department of Transportation’s Maritime Administration (MARAD) and Core Power (US) Inc announced their signature of a non-exclusive Memorandum of Cooperation to collaborate on …
Highlights Ireland’s data centres consumed nearly 25 per cent of national electricity in 2024 and are projected to reach at least 30 per cent by 2032, prompting calls to revisit the nuclear power ban. Taoiseach Micheál Martin and key ministers now support a nuclear debate as Fianna Fáil pushes legislation to end the ban, with …
National Atomic Company “Kazatomprom” JSC (“Kazatomprom”, “KAP” or the “Company”) announces its consolidated financial results for six months ended 30 June 2026, prepared in accordance with International Financial Reporting Standards (IFRS). “Nuclear energy has officially transitioned from a policy debate on paper into operational execution. We see strong indication of this across the world. 38 …
Russia plans to commission approximately 30 gigawatts of nuclear power plant capacity, including small nuclear power plants, president tells meeting Russian President Vladimir Putin said on Thursday that plans are underway to expand the distribution of nuclear power plants in the country’s Far East, Siberia, and the Urals. At a government meeting on the development …
During his monthly press conference on Thursday, Utah Gov. Spencer Cox defended President Donald Trump’s recent national monument reduction and pushed back against a complaint filed with the Federal Trade Commission against the state’s promotion of nuclear energy. Three Utah-based organizations had found fault with about a dozen billboards that Utah’s Office of Energy Development …