Existing Intellectual Property Settlement Amended Westinghouse Objected, but Washington Pressed for Change According to political sources on Wednesday, the government reported at a full committee meeting of the National Assembly’s Trade, Industry, Energy, SMEs and Startups Committee that it is negotiating a “nuclear framework” with Washington that bundles the construction of eight large reactors in …
Saskatchewan is exploring the possibility of building a small modular nuclear reactor in the western part of the province, with Lloydminster directly named as a potential location by Premier Scott Moe. Saskatchewan is exploring the possibility of building a small modular nuclear reactor in the western part of the province, with Lloydminster directly named as …
National Atomic Company Kazatomprom JSC (“Kazatomprom” or the “Company”) announces that it has obtained a subsoil use license for uranium exploration at the Kyzyltu block located in Kyzylorda region of the Republic of Kazakhstan. The subsoil use license grants an exclusive right for uranium exploration to Kazatomprom for a period of 6 years. According to …
Rising electricity demand, shocks in energy security and climate commitments are reviving long-stalled plans for nuclear power across Southeast Asia. But proponents of nuclear energy still face major obstacles. Southeast Asian governments are revisiting nuclear power as electricity consumption raises, exposing the region’s dependence on fossil fuels. The rise is largely driven by new factories, electric …
The United States is pressing suppliers to accelerate development of uranium enrichment capacity to avert potential shortages as interest in nuclear power grows, two United States Department of Energy officials told Reuters. Multiple countries are seeking to expand nuclear power by building reactors or restarting mothballed power plants to meet rising electricity demand, largely caused by increased use of artificial intelligence. The heightened …
Four billion metric tons of uranium sit dissolved in the world’s oceans right now, roughly 1,000 times the total identified in hard-rock mines worldwide. A US startup called Fluxnium just emerged from stealth with a plan to get at it, backed by $7 million in seed funding and chemistry licensed from the US Department of Energy. The catch: extracting that uranium currently …
France’s EDF plans to build 10 small modular nuclear reactors (SMRs) in the European Union by 2035 under a project aiming to help the bloc reduce its dependency on fossil fuel imports, an EDF executive said on Friday. The state-owned French power group plans to use a technology developed by its NUWARD subsidiary for the …
A model of a Hualong One Nuclear Reactor Unit 3 of the Huaneng Changjiang Nuclear Power Phase II project officially commenced commercial operation on Thursday, marking the entry into service of South China’s Hainan province’s first reactor powered by Hualong One, China’s indigenously developed third-generation nuclear technology. The milestone represents the first time that China …
Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) (“Purepoint”) today reported radiometric results from the completed 2026 summer drill program at the 50/50 Dorado Joint Venture (“Dorado” or the “Project”) with IsoEnergy Ltd. (NYSE American: ISOU) (TSX: ISO), located in Saskatchewan’s Athabasca Basin. Drill hole PG26-11, the first hole completed at the Q24 target, intersected 7.4 …
The state-run power major is exploring international nuclear technologies and evaluating cost-plus models as part of its long-term clean energy expansion strategy. India’s largest power producer, is planning to develop 50 GW of nuclear power capacity by 2047, according to a research note by JM Financial following a management interaction with NTPC Chairman and Managing Director …