Kazakhstan Targets $4.5 Billion in Local Content Ahead of Nuclear Plant Construction

ALMATY – Kazakhstan aims to increase domestic participation in its future nuclear power industry to 30% before construction begins on the country’s planned nuclear power plants, a move expected to generate up to $4.5 billion in local production and contracts. The target is outlined in a new government-approved comprehensive plan for the Development of Localization …

Nuclear fuel is the weak link in US energy security: Centrus CMO

America must rebuild its nuclear fuel supply chain to reduce geopolitical risk, writes Centrus Energy CMO John Donelson. “No one company can do it alone.” John Donelson is the senior vice president and chief marketing officer for Centrus Energy,  a supplier of fuel and services to the nuclear power industry. Geopolitical conflicts have long underscored the …

Government of Canada Announces $2.2 Billion Capital Commitment for Chalk River Laboratories Renewal

Federal funding commitment enables ongoing site revitalization of Canada’s national nuclear laboratories, supporting Canada’s New Strategy for Nuclear Energy  Atomic Energy of Canada Limited (AECL) is pleased to announce that it has received a $2.2 billion capital commitment from the Government of Canada to continue the revitalization of the Chalk River Laboratories. The Government shared …

Niger revokes 58-year French uranium concession at Arlit in sovereignty push

Niger has intensified its overhaul of foreign mining agreements with the cancellation of a 58-year uranium concession linked to France at the strategic Arlit deposit, marking one of the most significant escalations yet in its broader resource nationalism drive. Niger has cancelled a 58-year uranium concession at Arlit previously held by France’s Atomic Energy Commission …

Nuclear reactor developer Deep Fission eyes US$1.66 billion valuation in U.S. IPO

Deep Fission said on Wednesday it is targeting a valuation of about US$1.66 billion in its U.S. initial public offering, looking to ride a wave of investor demand for nuclear power as AI-fueled electricity use surges. The Berkeley, California-based company is seeking up to US$156 million by offering six million shares priced between US$24 and …

Maharashtra: Rs 6.5 Lakh Crore Nuclear Energy MoUs

The Maharashtra government on Tuesday signed memoranda of understanding (MoUs) with four companies to attract investments worth Rs 6.5 lakh crore in the nuclear energy sector, with the projects expected to generate 25,400 MW of power and create 1,23,500 jobs. The government signed the agreements with NTPC Limited, Adani Power Limited, Reliance Industries Limited and …

The Nuclear Company Launches NOS Security to Modernize Nuclear Power Infrastructure Protection Across the United States and Allied Nations

The Nuclear Company today announced the launch of NOS Security, a next-generation nuclear security platform developed over the past year in stealth to modernize the protection of nuclear energy infrastructure, construction sites, and operating facilities across the United States and allied nations. NOS Security is being developed as an integrated cyber-physical security platform designed specifically …

Mining is being placed on the frontburner in Zambia, and it’s not just about copper

The Zambian people will head to the polls on August 13, 22.5 million strong and expected to return a government that has put the modernisation of its mining sector at the forefront of its agenda. Hakainde Hichilema, known colloquially as Bally, put five election defeats behind him by claiming 59.02% of the vote in 2021’s …

Nuclear Power in Africa: Opportunities for the Future

The IAEA is working with countries across the continent on harnessing nuclear energy for sustainable development. Africa needs more energy. Nearly 600 million people in Africa still do not have access to electricity. Rapid population growth, urbanization and economic development are expected to drive increases in energy demand, with grid infrastructure struggling to integrate intermittent renewables …

Pashinyan Says Armenia’s Nuclear Plant Decision Will Be Based on Economics, Not Politics

Armenian Prime Minister Nikol Pashinyan said Armenia’s decision regarding the type of future nuclear power plant it will build will be based on economic considerations rather than political preferences. Speaking to journalists during a “Civil Contract” campaign event in Yerevan, Pashinyan stated that Armenia is evaluating proposals from multiple countries, including Russia, the United States, …