Kazatomprom, the world’s largest producer of uranium, has announced plans to list in London, following a rebound in prices for the nuclear fuel. The state-owned Kazakh producer, often dubbed the Saudi Aramco of the uranium market, will consider listing 25 per cent of its shares in the form of depository receipts, according to a filing. …
The Trump administration announced on Thursday that it would sharply restrict exports of civilian nuclear technology to China that officials claimed was being diverted to power new generations of Chinese submarines, aircraft carriers and floating nuclear power plants. The announcement mixed security warnings with longstanding complaints that Beijing was continuing to steal nuclear-related technology from …
What does the future of nuclear power look like, and what will China’s dominance mean for the rest of the world? Power Technology investigates. The future of nuclear seems to be seated in China. Over the past two decades, the country has been steadily building its nuclear capacity, increasing the number of operating plants from …
The French government could be wrong to assume that power demand will stagnate or decline because electric cars could boost consumption, according to the boss of the country’s largest utility. The cautious view would be to plan for a “slight” increase in power demand, Electricite de France SA Chief Executive Officer Jean-Bernard Levy said at a …
General Electric Co. secured a $700 million contract to supply turbine and generator units for Egypt’s first nuclear power project, the company said. GE will supply four turbine units for the country’s planned 4,800 megawatt El Dabaa nuclear facility, it said Tuesday in a statement. The company will deliver one turbine each year from 2023 …
A large increase in the use of nuclear power would help keep global warming to below 1.5 degrees, according to a United Nations report published today. The Intergovernmental Panel on Climate Change (IPCC) special report – Global Warming of 1.5 degrees – was commissioned by governments at the Paris climate talks in 2015 and will …
Low cost uranium mining giant Cameco Corp (TSX:CCO)(NYSE:CCJ) is battling to survive the prolonged dip in the oversupplied uranium market, but there is new hope among contrarian investors on the stock as recent supplier collaborative efforts are beginning to yield some fruit. Two important factors favour the prospect of a sustained recovery on Cameco stock, …
A handful of nuclear power projects around the world completed notable achievements recently: Rostov 4 entered commercial operation, Tianwan 4 achieved first criticality, the Akademik Lomonosov floating nuclear power plant completed fuel loading, Leningrad II-1 received its commissioning permit, and the dome was installed on Karachi 3. Rostov 4 Rostov Unit 4 was placed into commercial …
EXCLUSIVE TO SIGHTLINE U3O8: The development of a deposit does not necessarily lead to a commercially viable project and opening a new uranium mine is not a simple or fast process. It takes a lot of time and effort. In fact, it can take a decade or longer to go from discovery to extraction. As …
Forty five years ago, it looked like nuclear energy would power America’s future. In a 1973 report, the U.S. Atomic Energy Commission predicted that 1000 reactors would power homes and businesses across the U.S. by the start of the 21st century. Instead, new plant construction stalled because of environmental concerns and fears about public safety. …
