Cameco (TSX:CCO)(NYSE:CCJ) can never catch a break. The beleaguered uranium miner has been stuck on a cliff over the past few years, as depressed uranium demand and a glut in the supply of uranium that is available on the market continue to keep both demand and prices at lows. Uranium is the primary fuel used …
Saudi Energy Minister Khalid al-Falih addresses the gathering during India Energy Forum in New Delhi, India, October 15, 2018. REUTERS/Adnan Abidi/File Photo Saudi energy minister Khalid al-Falih said on Monday the kingdom had launched a uranium exploration program and initial indications were positive, Al-Arabiya Business reported on Twitter. Falih added that a project to construct …
Seven out of 10 South Koreans are happy with power sourcing from cheap nuclear reactors and do not agree with the government’s plan to phase out nuclear fuel. Based on the public survey, the Korean Nuclear Society and a council of 200 energy science professors on Monday urged the liberal government to reexamine its energy …
BMO Capital Markets has initiated coverage of Kazakhstan-based uranium producer Kazatomprom (LON: KAP), with an outperform rating and a target price of $17 per share. The company recently listed about 15% of its stock on Kazakhstan’s new Astana Stock Exchange (AIX) and U.S. dollar-denominated global depository receipts (GDRs) on the London Stock Exchange. Kazakhstan’s sovereign …
France aims to reduce the share of electricity produced by nuclear reactors to 50 percent from 75 percent now by 2035, Environment Minister Francois de Rugy said on Sunday. The French government has long outlined plans to shrink the country’s reliance on nuclear energy to 50 percent, though the deadline for that goal had remained …
Kazakhstan will start exporting uranium to Ukraine. Today the country is exporting raw materials to China, the United States, France, India and Canada. A national nuclear company has won a tender for export of uranium oxide concentrate. GENNADIY KOBAL, DIRECTOR, INTERNATIONAL EXPERT COMPANY: – The tender was announced for a total purchase of 1,200 tonnes. …
As the energy generation space faces ongoing change, the world is also seeing growth in uranium demand. Few, if any, other energy sources are as misunderstood as nuclear energy. Following the end of the second world war, nuclear was seen by many in the public and in the energy sector as the energy of the …
Along the pine-lined shores of Finland’s bucolic western coast, a clean energy vision of the Nordic country’s future is quietly taking shape. On the tiny island of Olkiluoto, workers are applying the finishing touches to a new Evolutionary Pressurised Reactor (EPR) set to supply 10% of Finland’s electricity needs. Like all nuclear power reactors, the massive …
Canada’s new reactor research center will use advanced inspection technologies and micro materials testing to improve maintenance and ageing management programs, industry experts told Nuclear Energy Insider. Last month, Canadian Nuclear Laboratories (CNL) launched a new Centre for Reactor Sustainability (CRS) to support the long-term operation of nuclear power plants. The new facility will help …
A memorandum of cooperation has been signed between Japan and the USA to “promote the global leadership role” of the two countries in civil nuclear energy. The memorandum was signed on 13 November by Japan’s Ministry of Economy, Trade and Industry (METI) and Ministry of Education, Culture, Sports, Science and Technology and the USA’s Department …
