China ready to fire up world’s first AP1000 nuclear reactor

No 1 reactor at Sanmen power plant expected to be ready for commercial operations on Friday after completing 168-hour test run. China will soon be ready to start commercial operations of the world’s first next-generation AP1000 nuclear reactor, possibly setting off a renewed push by the country into atomic power after years of delays and …

Hope To Send Uranium Shipment To India In Near Future: Australia

Australia’s High Commissioner to India, Harinder Sidhu, on Tuesday expressed hope that the country would be sending a consignment of uranium to India in the “near future”. Speaking at the Australia Fest in Delhi, Mr Sidhu said, “Foreign Minister Julie Bishop was here (in India last year) and after prime minister’s visit, she had mentioned …

IAEA, Russia sign agreement on uranium transportation to Kazakhstan

International Atomic Energy Agency and the Russian Federation have signed Sept. 17 an implementing agreement on the transportation of low enriched uranium (LEU) and equipment necessary for the functioning of the IAEA’s LEU Bank in Kazakhstan, RIA Novosti reported. The agreement has been signed by Oleg Kozin, Deputy General Director for Logistics of Techsnabexport JSC, …

IAEA highlights nuclear’s role in combating climate change

Nuclear power can make a “vital contribution to meeting climate change targets while delivering the increasingly large quantities of electricity needed for global economic development,” according to a new report by International Atomic Energy Agency (IAEA). The report, Climate Change and Nuclear Power 2018, was published last week and has been updated from the last report …

Here’s why investors are starting to put uranium in the battery metal basket

It’s clear that electric cars will have a huge impact on battery metals — but not many investors realise the impact they will have on demand for uranium. Electric vehicles (or “EVs”) will be charged from mains power around the clock, dramatically increasing power demand from the electricity grid in coming years. Nuclear power is expected to play a crucial role …

America’s National Security Is Undermined by Reliance on Foreign Uranium

Nuclear power generation provides about 11 percent of the world’s electricity from approximately 450 nuclear reactors. The United States is far and away the world’s largest producer of nuclear power, accounting for more than 30 percent of worldwide nuclear generation of electricity. The United States has 99 nuclear reactors, which produced 805 billion kilowatt hours (kWh) in …