A $1.6 billion uranium mining deal between France and Mongolia that is part of French efforts to diversify supplies to power its fleet of nuclear reactors is running into political hurdles. A debate about protecting strategic resources in Mongolia risks delaying the finalization of the agreement until after elections in June, according to two people …
China has begun construction on the second phase of the Zhangzhou nuclear power project using Hualong One reactors, domestically developed third-generation reactors, in the city of Zhangzhou, east China’s Fujian Province. The first four Hualong One units have been completed and put into operation, according to the China National Nuclear Corporation (CNNC). The Zhangzhou nuclear …
Mining analyst David Talbot began covering the uranium sector in June 2007 – the same month uranium prices reached their all-time high of US$136 per lb., then rapidly retreated. Prices are once again on the move, rising above US$100 per lb. in January for the first time in over 16 years, but this time Talbot …
Investment banks Goldman Sachs (GS.N), opens new tab and Macquarie (MQG.AX), opens new tab as well as some hedge funds are positioning themselves to reap the benefits of a newly buoyant uranium sector as prices of the nuclear fuel ingredient spike. While many other investment banks are still avoiding uranium, Goldman and Macquarie are boosting trading in physical uranium …
India will invite private firms to invest about $26 billion in its nuclear energy sector to increase the amount of electricity from sources that don’t produce carbon dioxide emissions, two government sources told Reuters. This is the first time New Delhi is pursuing private investment in nuclear power, a non-carbon-emitting energy source that contributes less …
The manufacturing firm is one of several participating in a Digital Catapult programme looking at industrial applications for quantum computing Rolls-Royce plans to use quantum computing to figure out how to run nuclear power plants remotely. Through the Quantum Technology Access Programme (QTAP), the manufacturer aims to build small, autonomous nuclear reactors that could operate safely …
Utah Associated Municipal Power Systems couldn’t bring its plans for the Carbon Free Power Project to fruition, but its CEO/General Manager Mason Baker hopes the lessons his agency learned in trying to bring a first-of-its-kind small-modular reactor facility online will pay dividends for those who follow. Baker addressed the Leadership In Nuclear Energy Commission on …
Britain is seeking to add nuclear capacity as fleet ages Utility also faces an expected jump in investments in France Electricite de France SA is in talks with the UK government over the “long-term financing” of its Hinkley Point C nuclear plant still in construction, as well as for the planned Sizewell C project, Chief Executive …
Switzerland should lift a ban on new nuclear power plants, according to a popular initiative entitled “Electricity for all at all times (stop the blackout)”. On Friday, the authors of the petition submitted around 130,000 signatures to the Federal Chancellery. The initiative aims to overturn a ban on the construction of new nuclear power plants …
A new bill introduced in the Kentucky Senate this week would create a group to support the development of nuclear energy in the state. Senate Bill 198 would formally establish the Kentucky Nuclear Energy Development Authority, which would be administratively attached to the University of Kentucky’s Center for Applied Energy Research. Senate Joint Resolution 140, also …
