Safer reactors designed in the U.S. and Europe make their power grid debuts in China Nine years after construction began at China’s Sanmen nuclear power plant, the world’s first AP1000 unit has connected to the grid. Call it the world’s slowest photo finish. After several decades of engineering, construction flaws and delays, and cost overruns—a …
The Bacchus Securities-based pure uranium play raised £150 million (US$200 million) in its float on AIM this week. The pitch to investors is there is only upside in the energy mineral price now with major producers like Cameco cutting production to improve their margins, which have been slim-to-negative for several years. Yellow Cake has managed …
The uranium trader is using the money raised to buy up 8.1mln pounds of the radioactive metal, which it believes is “fundamentally mispriced” Uranium trader Yellow Cake PLC (LON:YCA) has made its debut on AIM this morning (Thursday July 5). Yellow Cake – a nickname for uranium – is backed by Bacchus Capital, the corporate finance boutique …
EXCLUSIVE TO SIGHTLINEU3O8 – We continue to look at the corporate variables and attributes important to investors along the lines of Management, Projects, and Financial Stability. This month we have compiled and presented data surrounding management compensation. The companies we include operate at a variety of stages, in a variety of jurisdictions, and utilize a variety of …
The U.K. government earmarked 200 million pounds ($262 million) to smooth the way for the next nuclear power plants just two days after rejected the case for an experimental project that would generate power from the tides. The Department for Business, Energy and Industrial Strategy said its Nuclear Sector Deal will fund technology and skills …
NUCLEAR power could return to Trawsfynydd under a new £40 million scheme to build ‘mini’ atomic power plants in the UK. The UK Government’s Business and Energy Secretary, Greg Clark, is set to announce £200m of funding for the nuclear industry at Trawsfynydd later today with an additional £40m going to support the design of …
ANKARA, June 28 (Reuters) – Turkish President Tayyip Erdogan and Japanese Prime Minister Shinzo Abe discussed speeding up construction of a nuclear power plant in the Black Sea province of Sinop in a telephone call on Thursday, a Turkish presidential source said. Ankara signed an agreement in 2013 with a Japanese-French consortium to build the …
IAEA Director General Yukiya Amano highlighted the importance of nuclear science and technology —including nuclear power — in meeting development goals in his keynote address at the 2018 World Nuclear Exhibition event in Paris, France, today. “The IAEA helps countries to use nuclear science and technology to meet at least nine of the 17 Sustainable Development …
An agreement has been signed, for construction of 6 EPR type nuclear reactors at Maharashtra’s Jaitapur, between French state-run power utility EDF and American conglomerate General Electric (GE), the companies said in a joint announcement on 26 June. The EPR is a third generation pressurised water reactor (PWR) design whose earlier vrsions are in use …
Prices of uranium in the last decade or so have shown the greatest volatility in history. In the photo, uranium oxide concentrate, or yellowcake, comes out of a filtered press. (Photo: Orano) Mining uranium is just like mining any other base metal, many industry executives say: exploration, licensing, excavation and then shutting down the mine …
