Sprott Asset Management LP (“Sprott Asset Management”), on behalf of the Sprott Physical Uranium Trust (TSX: U.UN) (TSX: U.U) (the “Trust” or “SPUT”), a closed-ended trust created to invest and hold substantially all of its assets in physical uranium, today announced that the Trust has updated its at-the-market equity program (the “ATM Program”) to issue up to …
Today, U.S. Senators Joe Manchin (D-WV), Chairman of the Senate Energy and Natural Resources Committee, John Barrasso (R-WY), Ranking Member of the Senate Energy and Natural Resources Committee, and Jim Risch (R-ID) introduced the Nuclear Fuel Security Act (NFSA). The bipartisan legislation directs the Secretary of the U.S. Department of Energy (DOE) to establish a nuclear fuel …
Last year, South Korea’s nuclear power plants generated record-high nuclear power. The proportion of energy generated from nuclear power plants was the highest in six years, which is equivalent to that of the pre-nuclear phase-out policy of the former Moon Jae -in administration. According to KEPCO’s “December Electric Power Statistics Month” on Tuesday, last year’s …
Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) (“Energy Fuels” or the “Company”) is pleased to announce that it has completed the sale (the “Closing“) of three (3) wholly-owned subsidiaries that together hold Energy Fuels’ Alta Mesa ISR Project (“Alta Mesa“) to enCore Energy Corp. (“enCore“) for total consideration of $120 million (the “Transaction“). Unless otherwise indicated, …
A general view of construction work at Hinkley Point C – Finnbarr Webster/Getty Images Nuclear power projects such as Sizewell C in Suffolk will be granted so-called “green” status under plans by Jeremy Hunt to unlock billions of pounds in funding for the industry. The Chancellor is expected to announce the change within weeks as …
New data show exports in the strategic industry jumped more than 20% last year, as long-term projects boost Russian influence. Russia’s nuclear exports have surged since the invasion of Ukraine, boosting the Kremlin’s revenue and cementing its influence over a new generation of global buyers, as the US and its allies shy away from sanctioning …
Global Atomic Corporation (“Global Atomic” or the “Company”) (TSX: GLO, FRANKFURT: G12) announced today that it has received notice that a local court in Agadez, Niger issued several orders against one of the Company’s subsidiaries in Niger, Société Minere de DASA S.A. avec CA (“SOMIDA”), in response to demands from certain local organizations. SOMIDA is a …
Early work across the Sizewell estate is continuing to prepare the site for construction of the new power station, which is anticipated to start in 2024. Ecologists are overseeing the activity to ensure that wildlife is able to disperse naturally into surrounding habitat or is re-homed in replacement habitat that has been created over many …
Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) (“Energy Fuels” or the “Company”) is pleased to announce that it has completed its previously announced acquisition (the “Closing“) of seventeen (17) mineral concessions between the towns of Prado and Caravelas in the State of Bahia, Brazil totaling 15,089.71 hectares (approximately 37,300 acres or 58.3 square miles) (the “Bahia Project“). …
The European Commission published rules on Monday that could allow some hydrogen produced in nuclear-based energy systems to count towards EU renewable energy goals, signalling a win for pro-nuclear France. Hydrogen is central to Europe’s plans to decarbonise heavy industry, and the rules aim to incentivise investors and industries to shift from hydrogen produced from …