New Plan for Fueling Russia’s Floating Nuclear Plant

Bowing to a campaign of pressure from Bellona and the Norwegian government, builders of Russia’s first floating nuclear power plant have finally agreed not to load its uranium fuel in the middle of St. Petersburg, a city of five million people. Officials with Rosatom, Russia’s state nuclear corporation, had previously planned to fuel the controversial Akademik …

Egypt, Russia finish negotiations on reactors for nuclear power plant at El Dabaa

CAIRO, August 6. /TASS/. Egypt has finished negotiations with Russia on the reactors for a nuclear power plant at El Dabaa. The four basic agreements between the sides will be ready for implementation after final examination by Egypt’s State Council, or the Supreme Administrative Court, Egyptian Minister of Electricity Mohamed Shaker said on Sunday. According …

Bataan nuclear plant revival pushed anew

MANILA, Philippines –  The Philippine Nuclear Research Institute (PNRI) is urging the government to support nuclear energy use and revive the mothballed Bataan Nuclear Power Plant (BNPP) to strengthen the country’s manufacturing sector. Newly-appointed PNRI director Carlo Arcilla said, the rehabilitation of the 32-year-old power facility is viable and is a political decision that should …

NexGen says Arrow deposit ‘in a class of its own’ following PEA

  VANCOUVER — NexGen Energy (TSX: NXE; NYSE-MKT: NXE) has unveiled its maiden mine plan for the high-profile Rook I uranium project along the southwestern edges of Saskatchewan’s Athabasca Basin. On July 31, the company released a preliminary economic assessment (PEA) that outlines a 1,450-tonnes-per-day underground mine with a 17-year life. The study estimates initial capital expenditures totaling …

Utility stops construction of new South Carolina nuclear plant in ‘disappointing’ decision

South Carolina’s leading power utility decided Monday to cease construction at the V.C. Summer Nuclear Station’s two reactors after spending nearly $5 billion on the project. Santee Cooper’s board of directors approved the plan to stop construction of reactor units 2 and 3. The facility represented another blow for the nuclear power industry, which has …

China, Pakistan agree to uranium cooperation

China and Pakistan have agreed to cooperate in uranium exploration and mining. China National Nuclear Corporation (CNNC) said it had signed a framework agreement with the Pakistan Atomic Energy Commission yesterday for technical cooperation in the exploration and development of uranium resources. China signed a similar agreement with Saudi Arabia earlier this year. Under the new agreement, …