UComps: Project Generation Capability for Uranium Explorers

EXCLUSIVE TO SIGHTLINE U3O8 – This month’s UComparables edition will focus on the Uranium Explorers’ ability to be project generators and de-risk exploration by accessing capital from partners to fund the high-risk and expensive drilling phases of exploration.  A project generator (“PG”) is defined as a company that acquires and maintains a portfolio of multiple …

UComps: Uranium Developers’ Stage

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 …

Keeping Score of Canada’s Infamous Uranium Reservoir – The Athabasca Basin

EXCLUSIVE TO SIGHTLINE|U3O8 – Anyone who follows the uranium market is familiar with Canada’s legendary Athabasca Basin (the “Basin”) – host to the “world’s richest uranium deposits with U3O8 grades reaching 10 times that seen around the rest of the world”. Most, however, may not be familiar the true bounty of the region’s uranium stores …

Uranium Underfeeding: Big Price Factor? (Part 1)

EXCLUSIVE TO SOURCELINE U3O8 – Since 2007, U3O8 prices have largely been moving in one direction – down. With long-term and spot prices languishing at 12-year lows, the uranium sector has been struggling over the past few years. Many analysts will cite uranium underfeeding and the subsequent sale of additional enriched uranium on the spot …

South African nuclear company enters partnership to develop HTMR-100 SMR

Koya Capital will seek funding for Stratek Global, a South African nuclear design company. South African nuclear company Stratek Global and technology consultancy Koya Capital have entered into a partnership to secure the financing and construction of a R9bn ($480m) first-of-a-kind reactor in South Africa. The new HTMR-100 reactor, being developed in Pretoria, produces 100MW of …

Westinghouse Expands AP1000® Supply Chain with Bulgaria MOU Signings

Suppliers to Support AP1000 Deployment at Kozloduy Nuclear Power Plant and Globally Westinghouse Electric Company today signed memorandums of understanding (MOUs) with 17 significant Bulgarian suppliers to support the upcoming AP1000® nuclear projects at the Kozloduy Nuclear Power Plant site in northern Bulgaria, and other projects throughout the region. This milestone is a result of …

Steady Energy taps TVO nuclear expertise

Steady Energy – Finnish developer of the LDR-50 small modular reactor – has signed a collaboration agreement with TVO Nuclear Services related to the development of a nuclear heating plant, initially focusing on the planning of the nuclear facility’s operation and safety. TVO Nuclear Services (TVONS) is a consulting company wholly owned by Finnish utility …

Risch, Warner Launch Advanced Nuclear Caucus

Senator Jim Risch(R-Idaho) U.S. Senators Jim Risch (R-Idaho) and Mark Warner (D-Va.) today announced the launch of the Senate Advanced Nuclear Caucus. The Senate Advanced Nuclear Caucus will amplify the critical role nuclear energy plays in the United States, explore emerging nuclear technologies, and promote the goals and priorities of the U.S. nuclear industry. “America must maintain its leadership in nuclear energy development. From lighting the first nuclear powered lightbulb to groundbreaking advanced reactor …

Large holding company seeks to build nuclear power plant in Butte

 A large holding company is looking to build in Butte, and their plans include utilizing nuclear energy. At Wednesday night’s Council Of Commissioners meeting, the head of XGen informed the local legislative body of their intentions to relocate here from Florida. XGen has the backing of Westinghouse and is seeking to build a nuclear power …

Holtec’s Small Modular Reactor Can Go Almost Anywhere, Even Michigan

Holtec International is on the verge of doing something that’s never been done before in the nuclear sector: bringing a nuclear plant back to life. The company is working to repower the Palisades Nuclear Generating Station in Michigan by 2025 and received a conditional commitment of up to $1.52 billion in loan guarantees from the U.S. Department …

Molten Salt Reactor Technology Solves Several Nuclear Industry Problems

Molten salt reactors (MSRs) represent a fascinating intersection of nuclear history and modern innovation. The concept of using molten salts as both a coolant and fuel carrier dates back to the 1950s, with the pioneering work of Alvin Weinberg and his team at Oak Ridge National Laboratory (ORNL). In 1965, ORNL successfully operated the Molten …