America’s National Security Is Undermined by Reliance on Foreign Uranium

Nuclear power generation provides about 11 percent of the world’s electricity from approximately 450 nuclear reactors. The United States is far and away the world’s largest producer of nuclear power, accounting for more than 30 percent of worldwide nuclear generation of electricity. The United States has 99 nuclear reactors, which produced 805 billion kilowatt hours (kWh) in …

Regulator approval nears for Aomori’s Rokkasho nuclear fuel processing plant

A spent nuclear fuel reprocessing plant in Rokkasho, Aomori Prefecture, looks set to gain approval for full operation as the country’s regulator completed most of its safety review Friday. The Nuclear Regulation Authority checked remaining safety measures against the risks of earthquakes and volcanic eruptions, and its members made no objection. Operator Japan Nuclear Fuel …

Rosatom plans to commission two units at Xudabao NPP in China in 2027-2028

Russia’s state-run nuclear corporation Rosatom plans to commission the third and fourth power units of Xudabao nuclear power plant (NPP) in China in 2027-2028, Chief Executive Officer Aleksei Likhachev said at the Eastern Economic Forum. “The plan is to shift to the generation stage already in 2027-2028,” he said, adding that the Russian company is …

Nuclear costs must fall to be competitive, says NEA’s Magwood

If countries are serious about combatting climate change, then they will reform their electricity markets, William Magwood, director general of the OECD Nuclear Energy Agency (NEA), told delegates at the World Nuclear Association Symposium 2018 held in London last week. Magwood highlighted one of the three objectives of the Harmony initiative – a level playing …

Russia, China Discuss Joint Development of Overseas NPP Projects – Rosatom

Russian State Nuclear Energy Corporation Rosatom has held initial discussions with its Chinese partners on potential projects to jointly build nuclear power plants in third states, Rosatom CEO Alexey Likhachev said on Wednesday. The discussions have started. The talks are on the initial stage,” Likhachev said at the Eastern Economic Forum (EEF). Earlier this year, Rosatom state …

V.FUU Announces Increase in Private Placement Financing

Fission 3.0 Corp. (“Fission 3” or the “Company”) is pleased to announce that due to strong demand in its previously announced non-brokered private placement financing of units (“Units”) and flow-through shares (“FT Shares”), the Company has increased the Unit offering to up to C$6.0 million in aggregate gross proceeds and reduced the FT Share offering to …

T.EFR Repays and Retires Wyoming Debt

Energy Fuels Inc. (NYSE American: UUUU; TSX: EFR) (“Energy Fuels” or the “Company”), a leading producer of uranium and vanadium in the United States, is pleased to announce that it has repaid and retired the entire outstanding principal balance of its Wyoming Industrial Development Revenue Bond (“Wyoming Debt”). As of June 30, 2018, the Company …