The nation’s government intends partnering with Rosatom to add nuclear energy to Nigeria’s energy mix in bids to address the country’s power challenges. Speaking to a local publication, The Nation, Rosatom’s central and southern Africa CEO, Dmitry Shornikov, revealed that Nigeria is making steady progress on the matter. “This is evident by the agreement which …
The nuclear energy plant in Dabaa is one of the largest national projects built in Egypt. It is built and supervised by Russia’s Rosatom. The plant consists of four nuclear reactors with a total capacity of 4800MW, with each reactor having a capacity of 1,200MW. The first reactor will start operating in 2026. Dabaa station …
Recently, the International Energy Agency (IEA) warned that neglect of the world’s nuclear electric generating plants would lead to a precipitous decline in climate-friendly nuclear energy production around the world. The agency, a consortium of 30 countries which monitors energy developments worldwide, said 25 percent of nuclear capacity could be lost by 2025 and two-thirds by 2040. …
Japan is calling for further efforts to cut carbon emissions by promoting renewables but also nuclear energy despite the 2011 Fukushima reactors meltdowns. The energy white paper, adopted by the Cabinet Friday, said Japan faces an “urgent task” of reducing carbon emissions coming from utilities that have relied heavily on fossil fuels to make up …
A general contract for Russian-designed power units No. 3 and No. 4 construction with VVER-1200 reactors at Xudapu nuclear power plant was signed on June 5 in Moscow in presence of heads of Russia and China. The official signing ceremony took place during President of China Xi Jinping state visit to Russia. The documents were …
The firm’s boss remains “very confident in the long term fundamentals of the uranium market” given a combination of constrained supply, the run-off of long term contracts and growing demand outlook Physical uranium trader tagged with nickname of the radioactive metal Owns around 9.62mln pounds of uranium Raised US$200mln (£151mln) from June 2019 IPO, plus …
It is time for Australia to “seriously discuss” the benefits of developing a nuclear power industry, according to the Australasian Institute of Mining and Metallurgy (AusIMM). AusIMM president Janine Herzig, speaking at the International Uranium Conference in Adelaide, said the time had come for Australians to discuss the opportunities afforded by the nation’s nuclear potential. …
It comes as no surprise that global energy demands are on the rise, with a 2.3% increase observed in the last year alone—nearly twice the average annual rate of growth since 2010. According to the International Energy Agency (IEA), although there was an increase in demand for all types of fuels, fossil fuels such as natural gas, …
Purepoint Uranium Group Inc. (the “Company” or “Purepoint”) (TSX: PTU.V) is pleased to discuss the results of a recent Technical Committee meeting of the Hook Lake Joint Venture, a project owned jointly by Cameco Corp. (39.5%), Orano Canada Inc. (39.5%) and Purepoint Uranium Group Inc. (21%). The working session included technical representatives from each company …
The Uranium Corporation of India Limited (UCIL) will be taking up 13 uranium mining projects across the country with an outlay of Rs 10,570 crore, aiming to increase its production by up to four times in the near future. UCIL Chairman and Managing Director, CK Asnani, announced this in Hyderabad while speaking on the sidelines …
