Fermi, a Texas company looking to build four nuclear plants next to a U.S. nuclear weapons complex, said in documents revealed on Tuesday that it is talking with large data managers on leasing agreements for the project. Fermi, co-founded by Rick Perry, a former U.S. energy secretary, wants to build four AP1000 reactors at a …
A new bipartisan bill speeds up the timeline for building new nuclear reactors in Wisconsin, which state leaders say will be key to powering new data centers. Nuclear power was one of the few zero-emissions electricity sources whose federal tax incentives remained mostly intact last week following President Donald Trump’s signing of a massive budget …
The United Nations Economic Commission for Africa says that participants at the recent Nuclear Energy Innovation Summit for Africa agreed “that small modular reactors hold immense promise for accelerating Africa’s energy transition” and their successful deployment “hinges not just on technological readiness, but on robust supporting infrastructure”. The commission said that discussions at the event in Rwanda emphasised …
First-quarter 2025 U.S. production of uranium concentrate (U3O8) in the first quarter of 2025 totaled 310,533 pounds U3O8, down roughly 65,000 lbs from fourth quarter of 2024.. This quarter’s total uranium production occurred at six facilities, two in Wyoming (Lost Creek Project and Ross CPP), two in Texas (Alta Mesa Project and Rosita), one in …
United States President Donald Trump signed an executive order on July 7 extending certain tariff rates until Aug. 1. Under the order, Kazakhstan will face a new 25% reciprocal tariff. The same tariff would apply to Japan, Malaysia, South Korea, and Tunisia. Higher rates would apply to other countries, with 30% on South Africa and …
Indian Prime Minister Narendra Modi is set to visit Namibia this week, the final African stop on his five-nation tour, as India looks to strengthen ties with Africa’s top uranium producer and a key player in the continent’s mineral economy. Prime Minister Narendra Modi is visiting Namibia, finalizing his five-nation African tour. India aims to …
China has been making massive strides. China is aiming to double its nuclear energy capacity, according to Business Standard. A new report from the China Nuclear Energy Association, cited by Business Standard, said the country aims to produce 200 gigawatts of nuclear power by 2040. Currently, the country’s production sits at 55 GW with 57 reactors, …
On July 3, KATCO mining company and its shareholders, Orano and NAC Kazatomprom JSC, celebrated the inauguration of the new uranium processing plant that marks the successful implementation of the South Tortkuduk project and the full commencement of operations at the uranium mining site. The ceremony took place in the presence of representatives of the …
French uranium miner Orano said on Wednesday its majority-owned joint venture with Niger, SOMAIR, is on the verge of bankruptcy as a result of export restrictions imposed by Niger’s military government. Orano was forced to suspend production at SOMAIR after authorities halted exports last year. Niger’s government seized the operation in December and announced plans to nationalize it last …
Palantir Technologies and The Nuclear Company have announced a strategic partnership to launch a first-of-its-kind AI-powered software platform designed to streamline and modernize nuclear power plant construction across the U.S. Built on Palantir’s Foundry platform, the Nuclear Operating System (NOS) is designed to transform nuclear reactor projects, historically plagued by cost overruns and scheduling delays, …