Rosatom, Russia’s state nuclear corporation, is close to reaching an agreement for a new partner in a nuclear power plant it is building on the Mediterranean coast of Turkey, according to Turkish media reports. For the last year, Rosatom has claimed it would finish the $20 billion nuclear power plant in Akkuyu by itself, after …
India and Argentina Monday inked a Memorandum of Understanding to boost cooperation in the sector of nuclear energy. Jorge Faurie, Minister for Foreign Affairs, Argentina said his country has expertise in building small-capacity reactors and was looking to work with India in some third country in tripartite projects. “They (Prime Minister Narendra and Argentine President …
A rebound in nuclear and hydroelectric production helped French power company EDF push operating profits higher last year, it said Friday while remaining cautious about the outlook for 2019. Operating profit climbed by 11 percent to 15.3 billion euros ($17.2 billion), slightly higher than the consensus of analyst forecasts compiled by data firm FactSet. Net …
As the trend in uranium prices remains upward, signs on the demand-side are somewhat at odds. -U3O8 spot price dips -More US reactor shutdowns threatened -Shutdowns underway elsewhere By Greg Peel Off-market utility demand emerged early last week, industry consultant TradeTech reports, forcing a rise in spot uranium prices. But once sellers were notified they …
There are many people that believe that Bitcoin (BTC) and virtual currencies have experienced a bull run in 2017 that will never happen again. That means, they think it was a once-in-a-lifetime phenomenon. However, there might be a new commodity that could surprise investors in the future and become even bigger than Bitcoin. What is Uranium …
Chinese National Nuclear Corporation to develop country’s uranium sector, as Sudan opens its door to uranium investments Sudan agreed with state-owned Chinese National Nuclear Corporation (CNNC) on Wednesday to cooperate in the peaceful use of nuclear energy with uranium enrichment. In an interview with Sudanese official news agency SUNA, Mohammed Abdullah, director of the Geological …
Kyushu Electric Power Co. said Wednesday it has decided to scrap its aging No. 2 reactor at its Genkai nuclear plant in Saga Prefecture. The utility abandoned a plan to restart the unit, which has an output of 559 megawatts, in the face of the huge costs involved in enhancing the safety of the reactor …
Spain aims to close all seven of its nuclear plants between 2025 and 2035 as part of plans to generate all the country’s electricity from renewable sources by 2050. Energy Minister Teresa Ribera announced the move on Tuesday (Feb 12), just as the Socialist government gears up to call an early national election in anticipation …
The first nuclear power plant in Uzbekistan is a national project that can be considered a reason for pride, Trend reports with reference to the IAEA expert John Haddad. The seminar of the International Atomic Energy Agency (IAEA) was held in Uzbek capital from 4 to 6 February 2019. It became the first large-scale seminar …
Kazakhstan will remain the world’s leader in uranium mining despite the complicated situation in the global market, said Minister of Energy of Kazakhstan Kanat Bozumbayev, Kazinform correspondent reports. “Despite the difficulties in the global uranium market, we intend to maintain leadership in uranium mining. Now there is an oversupply of uranium and this trend continues,” …
