Boost to Indian nuclear programme as Kazakhstan assures increased supply of uranium

India’s atomic programme will receive a major push from its strategic partner Kazakhstan which has assured an increased supply of uranium to India in the next five years, according to Kazakhstan Ambassador Bulat Sarsenbayev. He asserted that a new contract is currently being negotiated between the two countries and Kazakhstan is aiming to significantly improve …

Third ROSATOM LK-60Ya-class ship launched at Baltic Shipyard

With the ceremonial launch of the nuclear-powered arctic ice breaker ‘Ural’ today, Russia’s nuclear energy giant, ROSATOM, has completed another step towards ensuring all-year round navigability of the Northern Sea Route (NSR). The 173 metre-long ‘Ural’ is equipped with two highly efficient and compact RITM-200 nuclear reactors on board, capable of generating up to 350MW …

U.S. Department of Energy Further Advances Nuclear Energy Technology through Awards of $10.6 Million

The U.S. Department of Energy (DOE) today announced funding selectees for multiple domestic advanced nuclear technology projects. Three projects in three states will receive varying amounts for a total of approximately $11 million in funding. The projects are cost-shared and will allow industry-led teams, including participants from federal agencies, public and private laboratories, institutions of …

Bulgaria starts formal process to find investor for Belene project

The Bulgarian government has invited strategic investment in the Belene nuclear power plant project. The “call for expressions of interest for a strategic investor and/or acquisition of a minority shareholding and/or purchase of electricity” was published in the Official Journal of the European Union yesterday. Natsionalna Elektricheska Kompania EAD (NEK) has developed a project for …

Bright spots in tough industry: Saskatchewan’s potash, uranium and gold have good news stories to share

It has not been an easy few years for Saskatchewan’s multi-billion dollar mining sector. Persistently weak commodity prices have forced the province’s largest mining companies to cut costs and scale back production. The uranium sector has been especially hard-hit, leading to the shuttering of two mines and a mill in northern Saskatchewan. Investment in exploration …