South Korea’s nuclear safety agency on Monday approved the restart of a nuclear power plant that was shut down five months ago. The Nuclear Safety and Security Commission made the decision after completing planned maintenance of the Shin-Kori No. 3 reactor near the southern port city of Busan, said Lee Enu-hong, an official of the …
EXCLUSIVE TO SIGHTLINE U3O8 –This month’s UComparables edition will focus on the Uranium Developers and the simple metrics of their key project’s stage of development – specifically, resource size, grade and mining method. As stated in the past, it is not our intention to provide analysis or opinion as to the investment potential of these …
China has agreed to pursue building next-generation nuclear reactors designed by Russia’s Rosatom Corp., the latest player seeking a boost for its new technology from China’s embrace of atomic power. A plan to build four Russian units was among four deals signed Friday during a ceremony in Beijing attended by presidents Xi Jinping and Vladimir …
The fate of the world’s largest atomic plant may be decided by a local election this weekend in a rural Japanese prefecture better known for its skiing and sake. The top two candidates running in the June 10 Niigata gubernatorial race are opposed to the speedy restart of Tokyo Electric Power Co. Holding Inc.’s Kashiwazaki-Kariwa nuclear …
President of Westinghouse Electric Jose Emeterio Gutierrez speaks with the Kyiv Post at the Hilton Kyiv hotel during his recent two-day trip to Ukraine. Photo by Konstantin Chernichkin The global leader in nuclear fuel production, U.S.-based Westinghouse Electric, is so hungry for expanding its business in Ukraine that its president José Emeterio Gutiérrez visits the country …
Brazil’s major electric utility will partner with French counterpart EDF on a three-year study of nuclear power capabilities in the South American nation. Centrais Elétricas Brasileiras, known as Eletrobras, signed a memorandum of understanding with EDF to collaborate with the Brazilian utility’s Electronuclear unit. They will work together on resumption of activities at the Angra 3 unit while …
The Atomic Energy Council (AEC) has given the nod to the country’s second nuclear power plant in New Taipei’s Wanli District to restart its No. 2 reactor, state-run utility Taiwan Power Co. (Taipower) said on Tuesday. Taipower received official written approval from the AEC earlier Tuesday to restart the reactor, the power company said, adding …
Ten projects have been selected to receive a total of up to USD24 million in funding under a new programme from the US Department of Energy’s (DOE) Advanced Research Projects Agency-Energy (ARPA-E) initiative. The projects selected include a transportable gas-cooled reactor, and technology to support load-following, improve safety and reduce costs in advanced reactors. ARPA-E’s …
A former investment banker is leading the flotation of a new company that plans to buy up and store huge quantities of uranium in anticipation of a jump in its value. Peter Bacchus, previously of Jefferies and Morgan Stanley, is masterminding the initial public offering of Yellow Cake, which is seeking to raise between $160m (£120m) …
Japanese utility Kansai Electric Power Company is to cut its electricity prices for customers by more than 5% on average following the restart of units 3 and 4 of its Ohi nuclear power plant and the subsequent reduction in fuel costs. The company made a similar price cut last August after units 3 and 4 …