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”) …
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 …
Slovakia’s new Mochovce 3 reactor is slated to start up and generate electricity this year with unit 4 following in 2023, according to an energy security report released by the Ministry of Economy. Once it starts up, Mochovce 3 will immediately tip Slovakia’s energy balance back to an export footing. Slovakia is adding significant clean …
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 …
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 …
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 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 …
The Senate on Tuesday approved a $1.2 trillion proposal to improve the nation’s aging infrastructure, offering hope of a historic boost to several industries that stand to benefit from increased funding and regulations. While the bill must still clear the House, where it faces a rocky path over the next few weeks, the Senate outcome marks a …
The urgent need to reduce emissions and slow global heating, should involve the roll-out of more nuclear power stations, regional UN energy experts argued in a new briefing on Wednesday. Only weeks before world leaders gather in Glasgow to hammer out plans to slow climate change, the United Nations Economic Commission for Europe (UNECE) has released a …
WASHINGTON (AP) — With a robust vote after weeks of fits and starts, the Senate approved a $1 trillion infrastructure plan for states coast to coast on Tuesday, as a rare coalition of Democrats and Republicans joined together to overcome skeptics and deliver a cornerstone of President Joe Biden’s agenda. “Today, we proved that democracy can …
