Australia-headquartered Paladin Energy Limited is to acquire Canadian uranium project developer Fission Uranium Corp in a transaction the companies say will create a “globally significant uranium company” listed on Australian and Canadian stock exchanges and will help advance Fission’s Patterson Lake South project towards production. The combination will mean shareholders of both companies will benefit …
Mitsubishi Heavy Industries Ltd. is almost finished designing its next-generation nuclear reactor, paving the way for construction to begin as Japan shifts its energy focus to develop more atomic power. Mitsubishi Heavy Industries Ltd. is almost finished designing its next-generation nuclear reactor, paving the way for construction to begin as Japan shifts its energy focus …
Nigerien military authorities have withdrawn the operating permit for a large uranium mine from the French company Orano, the company said, significantly escalating tensions between the military junta and the country’s former colonial power. Niger, a landlocked country of 26 million, is the world’s seventh biggest supplier of uranium, used for the production of weapons …
The Army intends to deploy the prototype microreactor nuclear power plant at an installation in the continental U.S. by 2030. If successful, the technology could be used at bases around the globe. The U.S. Army is looking to leverage the recent advancements in nuclear technology to shore up the energy resilience of its bases. As …
President Yoon Suk Yeol has announced plans to create a small modular reactor (SMR) industrial hub in the city of Gyeongju in the southeastern corner of South Korea’s North Gyeongsang Province. The government also aims to establish a hub for the hydrogen industry in the province. Speaking at the 26th people’s livelihood debate meeting, held …
China’s first industrial-use nuclear energy steam supply project, at the Tianwan nuclear power plant in China’s Jiangsu province, has entered operation following commissioning tests. The project will supply steam to a nearby petrochemical plant. The project – known as Heqi-1 – was jointly developed by China National Nuclear Corporation (CNNC) subsidiary Jiangsu Nuclear Power Company …
Higher power prices have created opportunities for nuclear operators to serve data centers that locate nearby, S&P Global Ratings said. Data centers could drive 35 GW of incremental load growth through the end of the decade, creating opportunities for existing nuclear generating plants to ink supply deals with nearby facilities, S&P Global Ratings said in a June 10 …
The coalition has lifted the lid on its nuclear plans, presenting a list of potential sites for power stations in a move that could make or break its electoral campaign. With tens of thousands of Australians learning they could be living next to a nuclear reactor, a chorus of opposition grew on social media and …
As part of President Biden’s Investing in America agenda, the U.S. Department of Energy (DOE) issued a Notice of Intent (NOI) to fund up to $900 million to support the initial U.S. deployments of Generation III+ (Gen III+) Small Modular Reactor (SMR) technologies. This funding—made possible in part by President Biden’s Bipartisan Infrastructure Law—will help strengthen America’s domestic …
This single-stage operation was performed for the second time in the history of the Russian nuclear power industry. On June 18, 2024, the dome was successfully lifted and installed at a single stage on the reactor building of Xudapu NPP power unit No. 4 (China) constructed with involvement of the Rosatom Engineering Division. This single-stage …
