Ontario Delivers Record-Setting Nuclear Refurbishment at Bruce Ahead of Schedule and Under Budget

Bruce Power Unit 3 returned to grid seven months early with $150 million savings, generating clean, reliable electricity to power 800,000 homes and support 27,000 jobs Today, the Ontario government announced the most successful completion and return to service of a nuclear unit in Ontario history, as Bruce Power’s Unit 3 reactor refurbishment was completed …

China’s nuclear power capacity nearly doubled since 2016

From 2016 to 2024, China’s nuclear generation capacity increased 76% (24 GW), based on our International Energy Statistics (IES) data. According to the International Atomic Energy Agency’s Power Reactor Information System (PRIS), China added an additional 1.1 GW of nuclear power capacity in 2025 and 2.2 GW in 2026 (through May). China is continuing to build out …

New Mining Bill Proposes Uranium Mining Monopoly for Government

Kathmandu. The government has proposed a new bill to repeal the four-decade-old law related to mines and minerals. According to the proposed bill, only government companies will be allowed to excavate radioactive minerals including uranium. Furthermore, a policy has been adopted to heavily increase fees and royalties to discourage intermediaries from hoarding mining licenses and …

Cosa Announces Upsized C$12 Million Bought Deal Private Placement Including Participation by T.DML

Cosa Resources Corp. (TSXV: COSA) (OTCQB: COSAF) (FSE: SSKU) (“Cosa” or the “Company“) is pleased to announce that, in connection with its previously announced “bought deal” private placement (the “Offering“), it has entered into an amended agreement with Velocity Trade Capital Ltd., on behalf of itself and a syndicate of underwriters to include Haywood Securities Inc. …

Uzbekistan Approves Construction of Small Modular Nuclear Power Unit

Uzbekistan has taken a major step forward in its nuclear energy program after granting a license for the construction of a small modular nuclear power unit based on the RITM-200N reactor technology. The license was issued by the country’s Committee for Industrial, Radiation and Nuclear Safety as part of Uzbekistan’s planned nuclear power plant project, The …

India’s Fairwood Nuclear, South Korea’s SK Securities sign pact to advance small reactor projects

The collaboration establishes a non-exclusive framework for identifying strategic partnerships, engaging institutional and private investors, and facilitating access to capital and technology ecosystems India’s Fairwood Nuclear Pvt. Ltd. and South Korea’s SK Securities Co. Ltd. have signed a strategic collaboration agreement to support the development and financing of small modular reactors (SMRs) and micro modular …

Italy’s lower house backs legislation to revive nuclear power

The result of the vote on the approval of the enabling law on sustainable nuclear energy in the Chamber of Deputies. (is associated with: «Italy’s lower house backs legislation to revive nuclear power») Mauro Scrobogna/LaPresse via ZUMA Press/dpa More Italy’s lower house of parliament has approved legislation that could pave the way for a return …

China, Russia Agree to Expand Cooperation in Uranium Mining and Processing

China and Russia are deepening cooperation in the nuclear sector after reaching an agreement to collaborate on uranium exploration, mining, and processing technologies. The agreement was announced following a visit by a delegation from the Chinese Academy of Sciences to Russia’s largest uranium mining enterprise, the Priargunsky Industrial Mining and Chemical Union (PIMCU), a key …

Private companies eye larger role in strategic energy

China is stepping up efforts to integrate private capital into its strategic energy infrastructure, creating a robust ecosystem for innovation that will power the nation’s green transition and its booming digital economy. The National Energy Administration recently announced plans to better formulate investment guidelines for private enterprises in major energy projects, including hydropower and oil …

Urenco USA Plans Significant Expansion of U.S. Uranium Enrichment Capacity

Urenco USA announced today that it will expand the capacity of the United States’ only commercial uranium enrichment facility by nearly 50%, marking a major commitment to strengthening the U.S. nuclear fuel supply chain as the country expands the use of nuclear power. This strategic, multi-billion-dollar investment will fund the construction of a new enrichment …