US nuclear industry needs further policy, regulatory advances: NCEW panel

The ADVANCE Act was necessary but not sufficient to speed nuclear deployments to meet growing electricity demand and “win the AI race,” conference panelists said on Sept. 26. Lawmakers and regulators must do more to build momentum for the U.S. nuclear industry following the enactment of the ADVANCE Act this summer, according to a Sept. 26 panel …

V.SYH Enters Into Agreement to Option South Dufferin and Bolt Uranium Projects Located in the Athabasca Basin, Saskatchewan

Skyharbour Resources Ltd. (TSX-V: SYH) (OTCQX: SYHBF) (Frankfurt: SC1P) (“Skyharbour” or the “Company”), is pleased to announce that it has entered into an option agreement (“Agreement”) with a private arm’s-length company, UraEx Resources Inc. (the “Optionee” or “UraEx”), whereby the Optionee may acquire up to a 100% interest in the Company’s South Dufferin and Bolt Uranium Projects (collectively, the “Property”). The …

Private players wait for investment policy in nuclear sector

Government has decided to open nuclear sector to private players but their willingness to make capital investments would depend on economic attractiveness of sector Private players are looking to play an important role in the nuclear power sector and are waiting for finer details of public public-private participation (PPP) arrangement that is under discussion in …

V.ISO Announces Acquisition of Anfield, Securing Expanded Near-Term U.S. Uranium Production and the Shootaring Canyon Mill

IsoEnergy Ltd. (“IsoEnergy”) (TSX: ISO; OTCQX: ISENF) and Anfield Energy Inc. (“Anfield”) (TSX.V: AEC; OTCQB: ANLDF; FRANKFURT: 0AD) are pleased to announce that they have entered into a definitive agreement (the “Arrangement Agreement”) pursuant to which IsoEnergy will acquire all of the issued and outstanding common shares of Anfield (the “Anfield Shares”) by way of a court-approved plan …

US Rare Earth and Critical Mineral Supply Security Significantly Boosted as Energy Fuels Closes Acquisition of Australia’s Base Resources

Energy Fuels is restoring essential U.S. critical mineral supply chains and processing capabilities that are key to clean energy, economic security, and national defense. Acquisition of Base Resources secures the world-class Toliara Project in Madagascar, which Energy Fuels believes is the best critical mineral development project in the world. The Toliara Project is a new large-scale …

Japan’s New Economy Minister Seeks to Maximize Nuclear Restarts

Japan’s new economy minister said the country will need to maximize the use of existing nuclear power plants as artificial intelligence and data centers are expected to boost electricity demand. It’s “natural” for Japan to pursue both atomic and renewable energy in order to meet the growing needs without increasing carbon emissions, said Yoji Muto, …

Holtec Closes $1.52B DOE Loan to Restart Palisades, Support Revitalization of Domestic Nuclear Industry

Progress toward the historic restart of the Palisades Nuclear Power Plant made a monumental step forward today with the announced close of a $1.52 billion loan from the U.S. Department of Energy’s (DOE) Loan Programs Office (LPO). The announcement took place on site in Covert Township, Michigan, before a large gathering of Holtec associates, skilled …

Data center owners turn to nuclear as potential electricity source

Last month, Constellation Energy announced a 20-year power purchase agreement (PPA) to provide electricity to Microsoft data centers in the mid-Atlantic region from the Unit 1 reactor at the Three Mile Island nuclear power plant in Pennsylvania. Unit 1 had returned to operation in 1985 after the 1979 partial meltdown that affected the adjacent Unit 2, but it was …