Orano Mining continues to invest

Orano is confident about its uranium mining future and will continue to invest in its projects while remaining committed to being a responsible mining company at all stages of operation, Orano Mining CEO Nicolas Maes told delegates at the World Nuclear Fuel Cycle forum today. The health and safety of employees and communities has remained …

T.CCO Restarting Cigar Lake Mine in April

Saskatoon, Saskatchewan, Canada, April 9, 2021 Cameco (TSX: CCO; NYSE: CCJ) announced today that it plans to restart production in April at its Cigar Lake uranium mine located in northern Saskatchewan. Production at Cigar Lake was temporarily suspended in December 2020 due to increasing risks posed by the Coronavirus (COVID-19) pandemic. At that time, the …

Japan’s JGC invests in NuScale Power

Japanese engineering, procurement, and construction firm JGC Holdings Corporation (JGC HD) has agreed to invest USD40 million in small modular reactor developer NuScale Power. It will also partner with Fluor Corporation – NuScale’s majority investor – on the deployment of NuScale power plants. JGC HD said it will invest USD40 million in NuScale through a …

Nuclear industry calls for state policy focus as resource outstrips coal generation in US

Dive Brief: While the Biden administration has indicated support for nuclear energy and advanced reactors, state policies valuing the resource continue to be necessary to keep existing plants on the grid, the Nuclear Energy Institute (NEI) said in its annual State of Nuclear Energy address on Tuesday. The nuclear industry group applauded the introduction of …

BWXT Awarded $28 Million Contract for Continued Mobile Microreactor Design

BWX Technologies, Inc. (NYSE: BWXT) today announced a $28 million, 12-month contract award from the Department of Defense’s (DoD) Strategic Capabilities Office (SCO) for the final design of a transportable microreactor prototype under the second phase of its Project Pele initiative. SCO is partnering with the U.S. Department of Energy to develop, prototype and demonstrate …