Uranium market freezes as tariff threats rattle buyers

Few sectors are as at-risk as US nuclear power, which relies on Canada for 27% of its uranium.Photographer: Sameer Al-Doumy/AFP/Getty Images The North American uranium market is grinding to a halt as US nuclear-power companies spooked by President Donald Trump’s tariff threats slow purchases and delay new contracts. US utility purchases of the nuclear fuel dropped …

Coalition promises to set up nuclear regulatory agency in first term of government as part of long-term energy strategy

The Coalition has pledged to establish a nuclear regulatory agency within the first term of government, with the first nuclear reactors expected to come online in 2035. The Coalition has pledged to establish a nuclear regulatory agency within the first term of government, with the first nuclear reactors expected to come online in 2035. Opposition …

IEA Chief Calls for Japan to Restart Dormant Nuclear Plants

Japan should accelerate its efforts to revive some of the country’s dormant nuclear power plants to meet growing demand for electricity, according to the head of the International Energy Agency. “The restart of nuclear power plants is critical,” Fatih Birol, executive director of the Paris-based intergovernmental organization, said at an event in Tokyo on Thursday. …

Electricity restart for Germany with nuclear energy

Electricity restart for Germany with nuclear energy: Safe. Affordable. Always available. Now! Germany has voted – and is now facing another decisive election. It is time to make the right decision now for a stable and sustainable energy policy. Because deindustrialization, excessively high electricity prices, dependence on electricity imports and the uncertain supply situation must …

Kazakhstan Considers South Korea for Nuclear Technology Partnership

Almassadam Satkaliyev, the chairman of Kazakhstan’s newly established Nuclear Energy Agency, completed negotiations with Korea Hydro and Nuclear Power (KHNP) President and CEO Whang Joo-ho, a potential supplier of nuclear technologies for the construction of a nuclear power plant on March 26, Kazinform reported, citing the agency’s press service. Satkaliyev highlighted KHNP’s experience designing, constructing, and operating …

Paladin Energy tanks after withdrawing production guidance

More news: Shares in Paladin Energy plunged in early trading after the uranium miner withdrew its full-year production guidance following a “one-in-fifty-year” rainfall event that disrupted operations at its Langer Heinrich mine in Namibia last week. Paladin shares were down 8% to $5.88 at 10:30am AEDT. Paladin Energy scraps guidance after Langer Heinrich shutdown The news: Uranium …

Poland greenlights financing for 1st nuclear plant

President Andrzej Duda signs into law plans to raise $15.6B in financing for country’s first nuclear power plant, pending EU permission Poland’s President Andrzej Duda on Wednesday signed into law legislation that provides €14.5 billion ($15.6 billion) in financing for the country’s first nuclear power plant, local media reported. Warsaw needs EU approval for such …