Argentina nuclear chief: ‘Nuclear energy is part of the decarbonisation solution’

The new nuclear plant in Argentina will be a 35-hectare site located in the same complex as Atucha I, pictured, and Atucha II, in Zárate, about 100 km north of Buenos Aires (Image: Nucleoeléctrica) José Luis Antúnez, president of Nucleoeléctrica, talks of the next steps for the industry, and the construction of a new plant …

T.UEC Expands U.S. Warehoused Physical Uranium Program to 5 Million Pounds U3O8

Uranium Energy Corp (NYSE: UEC) (the “Company” or “UEC”) is pleased to report that it has now secured an additional 400,000 pounds of U.S. warehoused uranium, expanding its physical uranium program to 5 million pounds U3O8, with delivery dates out to December 2025 at a volume weighted average price of ~$38 per pound.  UEC’s physical uranium program represents an …

Kairos Power Joins With Bruce Power, Constellation, Southern Company and TVA to Form Advanced Nuclear Development Consortium

April 20, 2022 – Kairos Power has assembled leading North American utilities and generating companies to launch an advanced nuclear development consortium named Kairos Power Operations, Manufacturing and Development Alliance (Kairos Power-OMADA) to advance the development of the company’s advanced fluoride salt-cooled high-temperature reactor (KP-FHR) technology. Current member corporations include: Bruce Power, Canada’s only private sector nuclear …

With six weeks until shutdown, Whitmer calls for bailout of Palisades Nuclear Plant

Michigan Gov. Gretchen Whitmer is looking to tap a newly created federal nuclear power plant bailout fund to keep Palisades Nuclear Plant open. The Entergy Corp.-owned, 800-megawatt reactor five miles south of South Haven is scheduled to retire for good at the end of May. The shutdown removes a substantial power source from the grid, as Palisades …

Biden administration launches $6B effort to save distressed nuclear plants

The Biden administration is launching a $6 billion effort to save nuclear power plants at risk of closing, citing the need to continue nuclear energy as a carbon-free source of power that helps to combat climate change. A certification and bidding process opened on Tuesday for a civil nuclear credit program that is intended to …

V.PTU Discovers 1.2 Kilometres of Continuous Radioactivity North of the Osprey Zone at its Red Willow Project

Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) (“Purepoint” or the “Company”) announced today the completion of its winter drill program at the 100%-owned Red Willow project within the eastern uranium mine district of the Athabasca Basin, Saskatchewan Canada. The winter drilling has defined a continuous corridor of elevated radioactivity associated with the Osprey Zone electromagnetic (EM) conductor. …

T.GLO Corporate Update

  Global Atomic Corporation (“Global Atomic” or the “Company”), (TSX: GLO, OTCQX: GLATF, FRANKFURT: G12) is pleased to report the latest corporate developments including drilling results and project financing progress. Stephen G. Roman, President and CEO commented, “Global Atomic continues to move forward on developing and expanding the Dasa Project.  The recent drilling continues to enhance …

Two units of the first overseas project for HPR1000 enter operation

On April 18, the second unit of HPR1000 overseas, K3 unit in Karachi, Pakistan, passed the temporary acceptance. By this time, the two units of the first overseas project of HPR1000 are in operation. The construction of HPR1000 Projects in Pakistan epitomizes the deepening comprehensive strategic cooperative partnership between China and Pakistan in the New Era, and …