NEI and ABDAN Sign Memorandum as Brazil Seeks to Expand Commercial Nuclear Program

Today in Rio de Janeiro, the Nuclear Energy Institute and the Brazilian Association for the Development of Nuclear Activities (ABDAN) signed a memorandum of understanding during bilateral talks between the U.S. and Brazil. NEI and ABDAN are the premier associations representing the commercial nuclear industries in the two countries. The agreement focuses on areas of cooperation …

V.PLU Announces Positive Preliminary Economic Assessment for Falchani Lithium Project

Scalable, long mine life battery grade lithium chemical project in Peru. Production of approximately 63,000 tonnes per annum (“tpa”) average over 33 years of battery-grade lithium carbonate (“Li2CO3”) growing to 85,000 tpa Li2CO3 at steady state throughput of 6.0 million tpa After-tax NPV8% $1.55 billion at $12,000/t Li2CO3; after-tax IRR of 19.7% Low 2nd quartile …

V.AAZ Commences Drill Program at the East Preston Uranium Project

AZINCOURT ENERGY CORP. (“Azincourt” or the “Company”) (TSX.V: AAZ, OTC: AZURF), is pleased to confirm drilling has commenced at the 25,000+ hectare East Preston Uranium Project, located 50km southeast of Patterson Lake, in the Western Athabasca Basin, northern Saskatchewan, Canada. Drilling has begun at pad EP20PADB, which is located along the northern part of the …

2nd nuclear reactor being studied for eastern Washington

Energy Northwest is considering whether there is a need and regional interest for adding a small modular nuclear reactor system near the Tri-Cities. Energy Northwest already operates the only commercial nuclear power reactor in the Northwest, Columbia Generating Station near Richland, in addition to small solar and hydroelectric projects and a wind farm. The public …

Kazatomprom Announces Intention to Sell Interest in UEC

JSC National Atomic Company “Kazatomprom” (“Kazatomprom” or “the Company”) announces its intention to sell its 50% interest (minus one (1) share) in the Uranium Enrichment Center JSC (“UEC”) to its partner in the joint venture, TVEL Fuel Company (“TVEL”), for RUB6.253 billion (approximately US$100 million). The value of the Company’s interest in UEC is based …

Trump administration to renew Iran sanctions waivers amid worries over US nuclear supply

Concerns over the United States’ nuclear supply have prompted the State Department to renew sanctions waivers for companies working on Iran’s civilian nuclear program, according to senior U.S. officials. Failing to extend these waivers otherwise would expose a Russian nuclear company to American sanctions. Rosatom, a Russian state nuclear company, helps Iran operate its civilian nuclear program – …