India looks to small nuclear reactors for industry decarbonisation

India’s Nuclear Power Corporation (NPCIL) has issued an RFP for setting up 220MW Bharat small reactors by industries. In the RFP, which is open to Indian industries, the Corporation points to these reactors as providing a sustainable solution for the decarbonisation of hard to abate industries. In addition they would help these industries to secure …

Groundworks begin for new Chinese plant

Excavation work has started for the foundation of the nuclear island of unit 1 at the Bailong nuclear power plant in China’s Guangxi Zhuang Autonomous Region. The construction of Phase I (units 1 and 2) of the Bailong plant was among approvals for 11 new reactors granted by China’s State Council in August last year. …

Kazakhstan plans to build additional nuclear power plants

Kazakhstan may begin the construction of two more nuclear power plants following the completion of its first high-power nuclear power plant (NPP), Azernews reports citing the local media. In an interview with the republican newspaper Ana Tili, Kazakh President Kassym-Jomart Tokayev expressed confidence that Kazakhstan needs a high-power NPP and hinted at the possibility of starting the …

Kazatomprom announces temporary suspension of production activity at JV Inkai LLP

National Atomic Company “Kazatomprom” JSC (“Kazatomprom” or “the Company”) announces a temporary suspension of production activity, effective 1 January 2025, at block No. 1 of the Inkai deposit. The deposit is located in the Sozak district of the Turkestan region and is operated by JV Inkai LLP. In accordance with the Subsoil and Subsoil Use …

Paladin Completes the Acquisition of T.FCU

Paladin Energy Ltd (ASX: PDN) (OTCQX: PALAF) (“Paladin“) and Fission Uranium Corp. (TSX: FCU) (OTCQX: FCUUF) (FSE: 2FU) (“Fission“) are pleased to announce the successful completion of Paladin’s acquisition of all of the issued and outstanding shares of Fission (the “Fission Shares“) by way of a court-approved plan of arrangement under the Canada Business Corporations Act (“Arrangement“) pursuant …

Malaysia readies itself for nuclear power after 2035

Malaysia is readying itself for the likely use of nuclear energy after 2035 as it struggles to meet renewable energy and net-zero carbon emission targets. The Straits Times has learnt that Malaysia’s Cabinet, after discussing in late November a nuclear road map proposed by the National Energy Council (MTN), decided that nuclear is “one of the options of electrical power …

Orano Initiates Arbitration Against the State of Niger Following the Withdrawal of IMOURAREN’s Mining License

Orano has opened international arbitration proceedings against the State of Niger following the withdrawal of its mining license for IMOURAREN, dated 19 June 2024. This move comes after several months of unsuccessful attempts at mediation and conciliation. The announcement of the withdrawal of the license took place when Orano presented the State of Niger with …

India aims to increase its nuclear power production to 22,480MW by 2032

Centre advises states where coal-based power plants have reached the end of operational life to consider setting up nuclear plants India aims to triple its installed nuclear power capacity by 2031-32. The current installed nuclear power capacity of 8,180MW is projected to increase to 22,480MW within this timeframe. The country currently operates 24 nuclear power …

Rosatom Exits Key Uranium Ventures in Kazakhstan Amid Strategic Shifts

Uranium One Group, a subsidiary of State Atomic Energy Corporation Rosatom. has announced its withdrawal from uranium projects in Kazakhstan. This decision coincides with Kazakhstan’s ongoing selection of operators for a consortium tasked with constructing the country’s first nuclear power plant. According to Kazatomprom (KAP), Uranium One Group has sold its 49.979% stake in the Zarechnoye joint …