Fiscal 2022 Growth, Balance Sheet, Projects, Resources, and ESG Highlights as of September 29, 2022: Industry leading growth with the two accretive acquisitions of Uranium One Americas, Inc. (“U1A”) and UEX Corporation (“UEX”). Acquired U1A for $125 million in cash, doubling U.S. production capacity in three key categories: total number of permitted In-Situ Recovery (“ISR”) …
The Biden administration’s top energy official said the U.S. will redouble its efforts to break free from its reliance on Russian nuclear fuel. Secretary of Energy Jennifer Granholm said the White House is prioritizing development of domestic uranium-enrichment capacity and predicted key legislators will fall in line, so that a fuel-manufacturing plan can be in …
Ontario Power Generation will also provide the province with an updated refurbishment feasibility assessment The Ontario government is supporting Ontario Power Generation’s (OPG) continued safe operation of the Pickering Nuclear Generating Station. At the Ontario government’s request, OPG reviewed their operational plans and concluded that the facility could continue to safely generate electricity. “Keeping Pickering …
Mitsubishi Heavy Industries’ next-generation nuclear power reactor could be in operation by the mid-2030s. (Illustration courtesy of Mitsubishi Heavy Industries) Company partnering with Kansai Electric and three other energy companies Mitsubishi Heavy Industries will work with four local power utilities, including Kansai Electric power, to develop a nuclear reactor with enhanced safety features. As the Japanese government considers …
Nuclearelectrica and Nova Power and Gas launched RoPower Nuclear, a project firm for the development of small modular reactors in Romania on the site of a former coal plant. They plan to use NuScale’s technology to build a 462 MW nuclear power plant, with a possibility to add 80 MW in capacity from renewable energy …
Skyharbour Resources Ltd.’s (TSX-V: SYH) (OTCQB: SYHBF) (Frankfurt: SC1P) (“Skyharbour” or the “Company” or the “Optionor”) is pleased to announce that it has entered into an option agreement (the “Option Agreement” or the “Agreement”) with Yellow Rocks Energy Ltd, a private Australian entity, (“Yellow Rocks” or the “Optionee”) which provides Yellow Rocks an earn-in option to acquire up to 80% …
Global Atomic Corporation (“Global Atomic” or the “Company”), (TSX:GLO, OTC:QX:GLATF, Frankfurt:G12) is pleased to announce the signing of Development Consultants Private Limited (“DCPL”) of Kolkata, India, and Lycopodium Minerals Canada Ltd. (“Lycopodium”) to commence the basic and detailed engineering, procurement and Project Management of the Dasa Mine processing plant in the Republic of Niger. These …
Germany will keep two of its remaining three nuclear plants on standby until at least April 2023, as the country also secures other alternative energy supplies to make it through winter. Germany will still stick to its plan of shutting off nuclear power in the long-term Germany will keep two of its remaining three nuclear …
EDF provides an update on its UK nuclear generation business today, to help develop understanding of its role in short term energy security, as well as helping the UK deliver longer-term policy objectives. EDF owns and operates eight nuclear power stations across the UK, five that are generating and three in the defueling phase. It …
Germany is more likely to prolong its use of nuclear power into next year to help prevent the risk of blackouts in Europe’s biggest economy this winter. Chancellor Olaf Scholz’s ruling coalition agreed this month to make two of Germany’s three remaining nuclear plants available beyond the end of this year if needed, reversing a …
