Kazatomprom, the world’s largest producer of nuclear fuel uranium, has secured investors for its listing of 15 per cent of the company in London this month, according to people familiar with the process. The company, which is owned by the state of Kazakhstan, is looking to raise up to $600m in the listing, which would …
The Government of Canada recognizes that innovation in the nuclear sector plays a critical role in reducing greenhouse gas emissions and delivering good, middle-class jobs as Canada moves toward a low-carbon future. The Honourable Amarjeet Sohi, Canada’s Minister of Natural Resources, today welcomed the release of the Canadian Small Modular Reactor Roadmap, which he described …
The nation’s nuclear watchdog on Nov. 7 formally approved a 20-year extension of the only nuclear reactor in the Tokyo metropolitan area, although local communities will have the final say on the restart. Operator Japan Atomic Power Co. will need the consent of the Ibaraki prefectural government, as well as six local municipalities, including the …
A Westinghouse-designed AP1000 nuclear reactor on China’s east coast is ready to go into commercial operation after completing a test run, the China National Nuclear Power Corp (CNNP) said. The second unit at Sanmen in Zhejiang province will be the third AP1000 reactor to go into commercial operation in China. It completed a 168-hour full-power …
Five groups are considering whether to partner with Brazil’s state-controlled Eletronuclear to resume construction of nuclear power plant Angra III, already partially built by the government, newspaper Valor Econômico reported on Tuesday, citing unidentified sources. The foreign companies’ interest in the venture grew after a government agency raised the price of the energy produced at …
The Netherlands will not be able to meet its clean air targets without reintroducing nuclear power, Klaas Dijkhoff, leader of the right-wing VVD in parliament, told current affairs show Nieuwsuur on Monday night. Nuclear energy offers the best way of meeting the targets set down in the Paris agreement, Dijkhoff said, adding that it is …
Saudi Crown Prince Mohammed bin Salman launched a project on Monday to build the kingdom’s first nuclear reactor. Described as a low-energy nuclear research reactor by the state-run Saudi Press Agency, the project is among seven other strategic developments which the prince launched during a visit to King Abdulaziz City for Science and Technology, a …
Orano, in partnership with the company ARIS, has been awarded two contracts with EDF which shall account for a significant volume of business. They are part of a call for tenders launched in 2018 in France for the renewal of nuclear electricity production support activities. The activities envisaged under the terms of the contracts concern …
French nuclear operator EDF has received clearance to restart three more reactors in the Creusot review, a spokeswoman for nuclear safety regulator ASN told S&P Global Platts Tuesday. This brings the number of reactors cleared to 49, leaving nine of the total 58 still awaiting clearance. The three reactors cleared since the last update on …
Exclusive to SightlineU3O8: This fall, we spent some time revisiting and updating the SL|U3O8Price Outlook. After reporting it for just over a year, we wanted to see just how well we had done and determine what learnings could be incorporated into the model going forward. Last April we shared the underlying logic and methodology behind …
