Rick Rule: Potentially Explosive Bull Market Coming In “The Densest Energy Source Known To Man”
Category: U
Rosatom obtains first license on Akkuyu nuclear plant construction in Turkey
MOSCOW, October 20 – Rosatom has obtained the first license on construction of Akkuyu Nuclear Power Plant (NPP), the first nuclear power plant in Turkey, Russia’s nuclear corporation reported Friday. “The limited construction permit allows to launch construction and assembly operations at all sites of the nuclear power plant, excluding the buildings and facilities that are …
India seeks to buy more than 2,000 tons of Uzbek uranium
AKIPRESS.COM – President of Uzbekistan Shavkat Mirziyoyev and Prime Minister of India Narendra Modi discussed the issue of supplying Uzbek uranium to India at the Shanghai Cooperation Organization summit in Astana, The Economic Times reports. India is holding talks on the purchase of uranium for its nuclear power plant, the report said. “Uzbekistan, the seventh biggest …
South Korea’s Moon Will Resume Building Existing Nuclear Reactors
South Korean President Moon Jae-in’s support of a government panel to resume building two stalled nuclear reactors sent shares of engineering and construction companies surging. The recommendation released Friday on the $7.5 billion project came after a nine-member committee gathered public opinion over the past three months about the permanent suspension of the Shin Kori …
8 Countries With the Largest Uranium Reserves
If you’ve been following the news, you may think uranium is only used in nuclear bombs and nuclear power plants. But uranium has lots of other uses. Unfortunately, the Fukushima nuclear reactor meltdown in Japan and North Korea’s (and Iran’s) continued push for nuclear weapons show the volatile and dangerous nature of this vital element. What’s …
Critical week for Korea’s nuclear energy
The fate of two incomplete nuclear reactors ― Shin-Kori 5 and 6 ― will be decided this week. The decision, which will be announced Friday, is likely to profoundly affect the future of Korea’s nuclear energy. The review committee, which consists of 471 ordinary citizens, held the final discussion about whether to continue the construction of …
This OPEC Strategy Could Boost Uranium Prices Next Year
Small but very critical item in the uranium space this week. Suggesting that the world’s largest producing nation may be about to take drastic action in propping up faltering prices. That’s Kazakhstan — the world’s reigning champ for uranium output the last several years. Where officials said they may move to further cut production in …
Belarusian nuclear power plant’s first reactor to get fuel in summer 2019
OSTROVETS, 12 October (BelTA) – The loading of nuclear fuel into the first power-generating unit of the Belarusian nuclear power plant is supposed to begin in summer 2019, BelTA learned from Alexander Kanyuka, Head of the Reactor Department of the state enterprise Belarusian Nuclear Power Plant, on 12 October. “We intend to get nuclear fuel …
Kazakhstan to begin supplying uranium to China
Kazakhstan’s energy minister Kanat Bozumbayev announced Wednesday that the country will supply uranium to five nuclear power plants in China beginning in 2019. “We are working with our Chinese partners on uranium conversion,” Bozumbayev told media representatives at the 18th Asian Nuclear Cooperation Forum held in Kazakhstan’s capital city Astana. China is on schedule to …
Areva’s Niger uranium mines to cut staff, slash production
NIAMEY, Oct 11 (Reuters) – French uranium mining and nuclear fuel group Areva NewCo’s two uranium mines in Niger will cut staff and output in the face of falling uranium prices, a local union leader said on Wednesday. The state-owned company runs the open-cut Somair mine outside the northern, desert town of Arlit and the …
