Energy Giant EDF eyes faster India nuclear deal as other projects stall

NEW DELHI (Reuters) – French energy giant EDF is making progress in talks to sell India six nuclear reactors, said its chief executive on Thursday, with the stalled projects of rivals making him more confident a contract could be agreed sooner than first expected. CEO Jean-Bernard Lévy declined to commit to a timeline for when …

Australian organisation calls for end to nuclear ban

The Minerals Council of Australia (MCA) has called on the Australian government to reverse legislation that effectively bans the country from developing a nuclear energy industry. The MCA, which represents the country’s exploration, mining and minerals processing industry, has also called for uranium projects to be removed from the definition of “nuclear action” under federal …

Namibia – Husab Uranium Mine Assists in Narrowing Current Account Deficit

Namibia’s current account deficit will narrow substantially through to 2020. The trade deficit will shrink significantly as the completion of the Husab uranium mine and several construction projects will simultaneously boost mineral exports and decrease demand for imports linked to construction. At the same time, Southern African Customs Union (SACU) receipts will broadly hold up, …

Brazil to request Chinese assistance to complete nuclear power plant

The Brazilian president Michael Termer is to look to Chinese financial and sector expertise to complete the country’s third nuclear power plant. The Angra 3 plant’s construction was commenced in 1984, but has for various reasons been delayed over the last three decades. The Brazilian nuclear energy company Eletronuclear will sign a cooperation agreement with China National …

Kazakh President opens IAEA Low Enriched Uranium Bank

ASTANA. KAZINFORM President Nursultan Nazarbayev has opened the building of the IAEA Low Enriched Uranium (LEU) Bank in Kazakhstan during a teleconference, Kazinform correspondent reports. The Head of State handed over a symbolic key to the LEU Bank building to the Director General of the International Atomic Energy Agency, Yukiya Amano. “It is a high …