Hiroshima High Court orders suspension of Ikata nuclear reactor in Ehime Prefecture, revoking district court ruling

HIROSHIMA – The Hiroshima High Court on Wednesday revoked a lower court decision and ordered the suspension of a nuclear reactor at Shikoku Electric Power Co.’s Ikata power plant in Ehime Prefecture, dealing a blow to the government and utilities that are aiming to bring more reactors back online. The high court suspension order — the …

Akkuyu NPP construction begins in Turkey under limited license

Construction of the Akkuyu nuclear power plant under a limited license began in Turkey on Sunday, TASS reported from the site. The ceremony was in Mersin. It featured Rosatom’s head Alexei Likhachev, and Turkey’s First Deputy Minister of Energy and Natural Resources Fatih Donmez. The limited license is the first permission, which Rosatom received in October. Under …

Screenings for restart of Tomari nuke plant likely to be prolonged

A possible active fault beneath the Tomari nuclear power plant in Hokkaido could prolong the government’s screening process for a restart and deal a major financial blow to Hokkaido Electric Power Co., the plant’s operator. On Dec. 8, the Nuclear Regulation Authority (NRA) did not accept the assertion of Hokkaido Electric Power that no active …

Uranium Underfeeding: Big Price Factor? (Part 1)

EXCLUSIVE TO SOURCELINE U3O8 – Since 2007, U3O8 prices have largely been moving in one direction – down. With long-term and spot prices languishing at 12-year lows, the uranium sector has been struggling over the past few years. Many analysts will cite uranium underfeeding and the subsequent sale of additional enriched uranium on the spot …

Boss consolidates Honeymoon uranium project ownership

JOHANNESBURG (miningweekly.com) – ASX-listed Boss Resources has entered into a binding conditional agreement to buy Wattle Mining – the owner of 20% of the shares in the Honeymoon uranium project – in a move that will give the company full ownership of the South Australian project. Consolidating the ownership sets the Honeymoon project on the path to be Australia’s next uranium producer, with production of about …