Ukraine becomes first world country to diversify nuclear fuel supplies

“For decades, the FSB agents, the Russian lobby at the highest levels have slowed down the process of diversification. Moreover, the regime of Yanukovych practically buried that process by stopping it. Only after demonstration of political will over the past five years, thanks to cooperation with the Westinghouse company, Ukraine has become the first country …

Construction of two new Iranian nuclear plants going well, atomic chief says

Ali Akbar Salehi, head of Islamic Republic’s Atomic Energy Organization, says work on $8.5-billion power station project ‘moving ahead in an excellent manner’ Construction of two new nuclear plants in the southern Iranian city of Bushehr, home to the country’s only current working nuclear power station, is on schedule and going to plan, the Islamic Republic’s …

Nuclear shares soar after China plans to invest US$12 billion in new reactors for first time since 2016

Nuclear power related shares soared across the board on Tuesday in Hong Kong and China after Beijing announced plans to invest 81.2 billion yuan (US$12 billion) in four new reactors for the first time since 2016. CGN Mining, a unit of state-owned China General Nuclear Power Group (CGN) that trades in uranium fuel, jumped 15 …

Basemat of Turkey’s Akkuyu 1 completed

Russian state nuclear corporation Rosatom has announced completion of the basemat for the nuclear island buildings of unit 1 of the Akkuyu nuclear power plant in Turkey. Meanwhile the European Parliament has voted to suspend European Union accession negotiations with Turkey and has reportedly called for cancellation of the Akkuyu project. The project is based …