The initial public offering of the world’s largest oil producer Saudi Aramco may be on the back burner, but the IPO of its uranium-market equivalent is full steam ahead. Kazatomprom, the world’s No. 1 producer of the nuclear fuel, on Monday said it would list as much as 25 percent of its equity in London and the …
China and Belgium have signed a framework agreement on cooperation in the peaceful use of nuclear energy. The agreement was one of several accords signed in Brussels yesterday during a meeting between Chinese Premier Li Keqiang and Belgian Prime Minister Charles Michel. “Li said the two countries could boost cooperation in technology and innovation and …
Russian President Vladimir Putin and the president of Uzbekistan have agreed that Russia will build the ex-Soviet republic’s first nuclear power plant. During Putin’s visit to the Uzbek capital of Tashkent on Friday, he and President Shavkat Mirziyoyev ordered the start of preliminary work at the future plant’s construction site. The plant in the Navoi …
There’s been growing talk around uranium and its potential for a comeback. Over the last month and a half, uranium spot prices have been balancing around a two-and-a-half-year high, rising by 30% from April according to the Financial Times report. Changes from some of uranium’s largest producers have been a major driver behind the price …
In the wake of a “terrifying” new report on climate change, environmentalists will rally in Munich, Germany this Sunday to — in a twist — demand a halt to nuclear plant closures, which they say are increasing air pollution and locking-in fossil fuels. Over the last year, environmentalists have faulted Germany for abandoning its 2020 climate goals, bulldozing an ancient …
Russia is interested in participating in projects on completion of Mochovce nuclear power plant (NPP) extension and poissble construction of new power units for Bohunice NPP, Russian Minister of Industry and Trade Denis Manturov said at the meeting with Prime Minister of Slovakia Peter Pellegrini on Monday. “Russia is a reliable supplier of nuclear fuel for nuclear …
Russian President Vladimir Putin and his Uzbek counterpart Shavkat Mirziyoyev will launch the construction of an $11 billion Russia-designed nuclear power station in Uzbekistan on Oct. 19, Kremlin aide Yuri Ushakov said on Tuesday. He said the first block of the station could be commissioned in 2028. Speaking during a visit to Uzbekistan, Ushakov also …
The UK government has provided an update on its position regarding Euratom and its policy on climate change in the event it does or does not secure a deal with the European Union on Brexit. It said the UK would “have all the international agreements that the UK requires to ensure uninterrupted cooperation and trade …
Hitachi Ltd. and General Electric Co. will jointly develop a new type of nuclear power plant with small modular reactors, sources close to the matter said Monday. The two companies, which have been long-time partners in the nuclear business, aim to commercialize the reactors, said to be cheaper to produce and safer to run, in …
Photo taken on March 21, 2018 shows the installation site of a hemispherical dome at the No. 6 unit of China National Nuclear Corporation’s Fuqing nuclear power plant in Southeast China’s Fujian Province. In May 2017, a containment dome was installed on the No. 5 unit of the nuclear power plant, the first reactor featuring …
