Partnership set up for IMSR fuel supply

Westinghouse, the UK National Nuclear Laboratory (NNL) and Terrestrial Energy have announced a partnership in the UK to advance the industrial scale up and commercial supply of enriched uranium fuel for use in Terrestrial’s Integral Molten Salt Reactor (IMSR). An agreement between the three defines the process for delivering IMSR fuel for commercial use, concurrent …

T.LAM Commences Trading on the OTCQX Market in United States, and Included in Index Composition for Global X Uranium ETF

Laramide Resources Ltd. (“Laramide” or the “Company”) (TSX: LAM) (ASX: LAM) (OTCQX: LMRXF) is pleased to announce that the Company’s common shares commenced trading August 17, 2021, on the OTCQX® Best Market under the symbol “LMRXF”. Laramide will continue to trade in Canada under its primary listing on the Toronto Stock Exchange under the symbol “LAM”, and on …

U.U Launches “At-The-Market” Equity Program

Sprott Asset Management LP (“Sprott Asset Management”), a subsidiary of Sprott Inc., on behalf of the Sprott Physical Uranium Trust (TSX: U.UN) (TSX: U.U) (the “Trust”), a closed-ended trust created to invest and hold substantially all of its assets in physical uranium, today announced that it has launched an at-the-market equity program (the “ATM Program”) …

UK sees role for nuclear in hydrogen economy

The UK government says nuclear will play a significant role in developing a thriving low-carbon hydrogen sector to meet the country’s ambition for 5GW of low-carbon hydrogen production capacity by 2030. Releasing its Hydrogen Strategy today, the Department for Business, Energy & Industrial Strategy said a hydrogen economy could support over 9000 UK jobs and …

Turbine tests completed at China’s HTR-PM

Testing of the steam turbine using non-nuclear steam has been completed at the demonstration high-temperature gas-cooled reactor plant (HTR-PM) at Shidaowan, in China’s Shandong province. The twin-unit HTR-PM is scheduled to start operations later this year. Non-nuclear steam flushing is an important test for nuclear power projects to check the operating quality of steam turbine …

GLE Appoints Chief Executive Officer

Highlights: Stephen M. Long appointed as the Chief Executive Officer of Global Laser Enrichment LLC (GLE), effective September 1, 2021 Formerly Senior Vice President, Business Development at GE-Hitachi Nuclear Energy Americas (GEH), and GEH Global Laser Enrichment (GEH GLE) Project Director, prior to that Uniquely positioned to lead the completion of GLE’s continuing development and …

T.UEX Announces C$21.2 Million Bought Deal Private Placement

UEX Corporation (TSX:UEX) (“UEX” or the “Company”) is pleased to announce that it has entered into an agreement with a syndicate of underwriters led by Sprott Capital Partners (“Sprott”) pursuant to which the underwriters have agreed to purchase 72,950,000 units of the Company (the “Units”) at a price of C$0.29 per Unit on a “bought deal” …

Preparations begin for next Turkish unit

Preparations have begun for the construction of the fourth unit at Turkey’s Akkuyu nuclear power plant, Akkuyu Nuclear has confirmed, with excavations for the reactor building, turbine hall, auxiliary reactor building and other main facilities now under way. Separately, Netherlands-based geotechnical survey company Fugro has completed a complex 6-month offshore site characterisation project on the …