Chinese and Russian nuclear companies will sign a deal worth more than $1.7 billion for the No.3 and No.4 reactors at the Xudapu Nuclear Plant using Russian technology, accelerating Sino-Russian cooperation on nuclear energy. Construction of two reactors at the Xudapu Nuclear Plant in Huludao, Northeast China’s Liaoning Province, is scheduled to start in October …
Poland is laying the groundwork for constructing a nuclear power plant in Pomerania, Energy Minister Krzysztof Tchórzewski told Polish Radio on Tuesday. According to him, a nuclear power plant’s investment cycle lasts about 10 years, but before that, there should be preparatory works that may take a few years. Hovever, much had already been done, …
Analysts in Germany are concerned about supply security Nation will close 17 gigawatts of nuclear and coal by 2022 Germany’s plan to exit coal could lead to power shortages early next decade as not enough new plants are being built. The phaseout of the world’s most widely used power fuel coincides with the ongoing shutdown …
Last February, Actuniger reported that the French multinational Orano, formerly Areva, was seriously considering the closure of the Akouta Mining Company (Cominak), one of its two subsidiaries in Niger. The scenario is becoming more and more precise with the release, on Saturday, May 11th in Parliament, the Minister of Mines, Hassane Barazé. Responding to a …
Anfield Energy Inc. (TSX.V: AEC; OTCQB: ANLDF; FRANKFURT: 0AD) (“Anfield” or “the Company”) is pleased to announce that it has engaged BRS Engineering to complete a Preliminary Economic Assessment (PEA) for the recently-acquired Wyoming-based Charlie Uranium Project (“Charlie Project”). The PEA is expected to be completed by the end of June 2019. Anfield had previously issued …
Rosatom has been using nuclear power plants as a way of cementing ties with its fellow emerging markets. Russia’s state-owned agency Rosatom is on a tear. The company operates 35 nuclear power stations in Russia that produce 28 gigawatts (GW) of power, and it is actively exporting its nuclear technology to countries around the world. …
Uranium Participation Corporation (“UPC”) (TSX:U) reports its estimated net asset value at April 30, 2019 was CAD$608.4 million or CAD$4.41 per share. As at April 30, 2019, UPC’s uranium investment portfolio consisted of the following: (in thousands of Canadian dollars, except quantity amounts) Quantity Fair Value Investments in Uranium: Uranium oxide in concentrates (“U3O8“) …
Energy Fuels Inc. (NYSE American: UUUU; TSX: EFR) (“Energy Fuels” or the “Company”) today reported its financial results for the quarter ended March 31, 2019. The Company’s quarterly report on Form 10-Q has been filed with the U.S. Securities and Exchange Commission (“SEC”) and may be viewed on the Electronic Document Gathering and Retrieval System …
URANIUM producers will need to keep their costs down in an overly saturated market, as the industry still faces tough times. While demand for uranium is expected to grow in the long run, the rate of growth remains uncertain due to its over-reliance on China’s nuclear building plans. This is what Rössing Uranium’s managing director, …
The main control room of the Unit 2 of the Karachi nuclear power plant, China’s self-developed third-generation HPR1000 demonstration project in Pakistan, was declared operational on April 28, according to an announcement by China National Nuclear Corporation (CNNC). The landmark achievement was followed up by the commissioning of the digital control systems (DCS) of Karachi …
