The U.S. uranium mining industry has been devastated. This year, we expect it will provide less than 2 percent of the uranium that our country’s nuclear power plants need to produce 20 percent of our electricity — the lowest U.S. supply level since before the Cold War. This is no accident. We believe this is …
Exclusive to SightlineU3O8: Something odd began to occur in September of this year. For the first time in over a decade, the share price of uranium equities began to fall while the Spot price of uranium continued to rise. The last time this happened, the Spot price was running up over US$100/lb and the equity …
Argentina and China are aiming to close a deal within days for the construction of the South American nation’s fourth nuclear power plant, a multi-billion dollar project that would cement Beijing’s deepening influence in a key regional U.S. ally. Argentina hopes to announce an agreement on the Chinese-financed construction of the Atucha III nuclear power …
Saudi Arabia’s plans to build a nuclear power plant will speed up the Kingdom’s economic development as it would diversify its over-reliance on crude oil, a Saudi energy expert told Sputnik in an interview on Tuesday. “The decision to build a nuclear power plant in the kingdom is the result of serious research that confirmed …
Some say nuclear energy is the stepdaughter of the energy industry. Many investors beg to differ. On November 14, Kazatomprom (KAP), the state-owned uranium production company of Kazakhstan made history by becoming the first initial public offering of a large Kazakh company in more than a decade. This is a dramatic finale for two important …
Westinghouse (the United States) is ready to fully provide all Ukrainian nuclear power plants (NPP) with nuclear fuel, the press service of the Ministry of Energy and Coal Industry has reported, citing the company representatives during a meeting with Energy Minister Ihor Nasalyk. The company assured about the availability of all the technical and logistic …
France is considering restructuring state-owned utility EDF and plans a steady reduction to the country’s reliance on nuclear power, the government said on Tuesday. In a long-awaited speech on energy strategy, President Emmanuel Macron said France would reduce the share of nuclear in the power mix to 50 percent by 2035, down from 75 percent …
From Adem Tumerkan: For uranium investors – the suspense of a nearing bull market must be maddening. . . We keep hearing – and being promised – that the uranium bull market’s “right around the corner” – only to be left deeper in the red. But things actually have fundamentally changed in the uranium market recently. . . And in terms …
In a festive signing ceremony in Mumbai on November 21, Maharashtra’s Chief Minister Mr. Devendra Fadnavis hosted the signing of a Memorandum of Understanding (MOU) with Holtec Asia to establish a manufacturing facility that would give India autonomous capability to produce systems and components to support the country’s planned expansion of nuclear generation. While the plant, …
French energy group EDF and Nawah Energy have signed a deal to operate and maintain the delayed Barakah power plant, which will be the first nuclear energy plant in the Arab world. The $24.4 billion Barakah power plant in the United Arab Emirates is the world’s largest nuclear project under construction but has been marred …
