Turkey is in advanced talks with Canada and South Korea for new nuclear power development, and expects to finalize its partners in the coming months. “In terms of technology selection, we’re more or less convinced by these two suppliers,” Energy Minister Alparslan Bayraktar told Bloomberg Television at the COP31 climate summit in Antalya. “The next …
The first mainland ACP100 small modular reactor is undergoing hot functional tests, after which the operator will load nuclear fuel into it. The fifth unit of the Chinese nuclear power plant is thus moving significantly closer to commercial operation. China officially began construction of the pressurized water reactor, with an installed capacity of 125 MW, …
Paraguay’s President Santiago Peña faced continuing impeachment proceedings Friday after submitting his resignation amid a banking crisis, weeks after Uranium Energy (NYSE-A: UEC) announced plans to invest $12 million (C$17 million) in the country’s uranium sector. Peña offered to resign Thursday following the collapse of Ueno Bank, with which he had business ties. Congress had …
Render of a BWRX-300 small modular reactor. Source: Fermi Energia Estonia has narrowed the search for a nuclear power plant site from six locations to three, all in Viru-Nigula municipality, Lääne-Viru County. This follows the dropping a site at Lüganuse, in Ida-Viru County further to the east, on security grounds. The three remaining areas are …
South Korea Finance Minister Lee Hyoung-il said on Monday that a planned $10 billion advance remittance for a US nuclear power project as part of the country’s investment package would only proceed after a full review of its business feasibility. Lee told a parliamentary budget committee that the remittance plan remained at a preliminary stage …
President Shavkat Mirziyoyev reviewed a presentation outlining the key priorities and development plans for 2026 of the Navoiyuran enterprise and Uzbekistan Technological Metals Complex JSC. Global demand for critical minerals and metals is growing rapidly. While demand for traditional metals increases by an average of 1 percent annually, demand for critical minerals is growing by 10 percent. …
Another consignment of uranium imported from Russia for the second unit of the Rooppur Nuclear Power Plant (RNPP) has reached the project site via an alternative route. The nuclear fuel was transported to Rooppur in three specially designed trucks via Dhaka-Mawa Expressway, Padma Bridge, Faridpur, Rajbari and Kushtia. At around 7:30 am today, the convoy …
Türkiye aims to meet all oil and gas demand through domestic production by 2040, also targeting renewables and nuclear capacity expansion Türkiye has unveiled a $500 billion energy roadmap aimed at boosting domestic production, expanding renewable and nuclear capacity, and strengthening energy independence by 2040, Energy and Natural Resources Minister Alparslan Bayraktar said Thursday. Under …
Kazakhstan expects its first two nuclear power plants to be completed by 2035, with construction of the Balkhash plant involving a Russian-led consortium headed by Rosatom and negotiations underway with China National Nuclear Corporation (CNNC) over the second plant, known as Moyinkum, Minister of Energy Erlan Akkenzhenov said at a Nov. 4 government briefing. According …
Kazakhstan has signed new contracts to supply natural uranium to major energy companies in India and China in 2026, as the country seeks to expand its international partnerships and diversify uranium sales markets, Kazakh President Kassym-Jomart Tokayev was informed during a Nov. 4 meeting with Kazatomprom CEO Meirzhan Yusupov. According to the presidential press service, …