The land acquisition process for the 9900 MW nuclear power plant in Jaitapur, about 600 kilometres from here, has been completed, Maharashtra Energy Minister Chandrashekhar Bawankule said. In a written reply to a question by Congress MLC Anant Gadgil in the Maharashtra Legislative Council Thursday, Bawankule added the state government was assisting the Centre to …
In a surprise victory, Taiwanese voters on Saturday decisively rejected the government’s phase-out of nuclear power, 59% to 41%. Pro-nuclear activists in Taiwan shouted and shed tears of joy at around 10:15 pm Taiwan time (9:15 am Eastern time) after it became clear that they had won the required five million votes to pass a …
Global miner Rio Tinto Ltd said on Monday it will sell its entire stake in Rössing Uranium Ltd to China National Uranium Corp Ltd for up to $106.5 million. The sale of the 68.62 per cent stake in Rössing Uranium Ltd, which owns the Rössing mine in Namibia, ends a period of extensive strategic assessment, …
The uranium market has enjoyed a recent resurgence of initial public stock offerings, amid prospects for significant growth in demand from emerging markets. “In terms of an investment thesis today, there is perhaps no better commodity than uranium with its bull market finally under way on tightening fundamentals,” says Scott Melbye, executive vice president of …
France could shut down up to six nuclear reactors by 2028 among other options, French media reported, as part of its medium-term energy policy to be presented next week. “I can confirm that there are three scenarios on the table that we are looking at, we are making final adjustments and all will be presented …
Detailed plans for a new nuclear power plant including road improvements, park and ride sites and worker accommodation will be put to the public next year. EDF Energy has announced the third consultation on its plans for Sizewell C on the Suffolk coast will start on 4 January. The £16bn plant would be built next …
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 …
