Preparatory groundwork is set to begin for the construction of units 3 and 4 of the Shin Hanul nuclear power plant following the approval by the South Korean government of the project’s implementation plan. Construction of the units is expected to begin next year when a construction permit is set to be granted. The implementation …
NexGen Energy Ltd. (“NexGen” or the “Company”) (TSX: NXE) (NYSE: NXE) (ASX: NXG) is pleased to announce commencement of the summer exploration drill program comprised of 17,000 metres on its 100% owned SW2 and SW1 properties in the southwest Athabasca Basin, Saskatchewan. Geophysical surveys and historical drilling review have refined prospective areas for immediate drill testing. Figure 1: Overview of 2023 …
Uranium Energy Corp (NYSE American: UEC, the “Company” or “UEC”) is pleased to report, in accordance with NYSE American requirements, the filing of the Company’s quarterly report on Form 10-Q for the quarter ended April 30, 2023 with the U.S. Securities and Exchange Commission (the “SEC”). This Form 10-Q filing, which includes the Company’s interim …
The Atlantic Declaration for a US-UK Economic Partnership, announced by UK Prime Minister Rishi Sunak and US President Joe Biden, says the two nations aim to build resilient, diversified, secure supply chains and reduce strategic dependencies – and includes a new high-level US-UK civil nuclear partnership. “Today we have agreed the Atlantic Declaration, a new …
Barakah’s operations team has begun the final operational readiness testing needed before the fourth unit at the site near Ruwais in Abu Dhabi can receive an operating licence from the UAE’s nuclear regulator. Construction of the fourth Korean-designed APR-1400 unit at Barakah began in July 2015, three years after work began on the first Barakah …
Challenges include growing debt load, reactor repairs CEO Remont will present new strategy in the coming weeks Electricite de France SA is set to return to full state ownership on Thursday, almost 18 years after its listing on the Paris stock exchange. Its nationalization ends a bumpy ride for shareholders but many challenges still loom large for the …
French nuclear power is “an absolute red line” and non-negotiable, Finance Minister Bruno Le Maire said Thursday, following Franco-German disagreements over the role of nuclear energy in Europe. Nuclear-reliant Paris has already irked Berlin by insisting on giving nuclear energy a starring role in European plans to produce more green technology in Europe. “Nuclear power …
The Canadian Nuclear Safety Commission (CNSC) is recommending that Cameco be issued licences for it’s Key Lake McArthur River and Rabbit Lake operations in northern Saskatchewan. The Commission is conducting public hearings in Saskatoon Wednesday and Thursday. The Commission suggests a 20-year licence for Key Lake and McArthur River and a 15-year licence for Rabbit …
Hungary’s Foreign and Trade Minister Peter Szijjártó said preparatory works would start for the Paks II nuclear power plant project in Hungary next month. It followed talks with Rosatom Director General Alexei Likhachev. “The modified contractual framework ensures faster progress with full respect for safety rules,” he said, referring to the contract updates agreed between Rosatom …
Finnish utility Fortum and Westinghouse Electric Company of the USA have signed a memorandum of understanding to explore prerequisites for the development and deployment of new nuclear in Finland and Sweden. The agreement is related to Fortum’s nuclear feasibility study launched in November 2022. At Fortum, our strategic priorities are to deliver reliable clean energy …
