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 …

Had They Bet On Nuclear, Not Renewables, Germany & California Would Already Have 100% Clean Power

Had California and Germany invested $680 billion into new nuclear power plants instead of renewables like solar and wind farms, the two would already be generating 100 percent or more of their electricity from clean (low-emissions) energy sources, according to a new analysis by Environmental Progress. The analysis comes the day before California plays host to …

French Orano opens uranium conversion plant despite glut

French nuclear group Orano on Monday inaugurated a 1.15 billion euro (1.02 billion pounds) uranium conversion plant despite huge global overcapacity for nuclear reactor fuel. State-owned Orano’s new plant in Tricastin, southern France, will account for a quarter of the world’s 60,000-tonne annual uranium hexafluoride (UF6) production capacity when it fully ramps up in 2021 …

New IAEA Energy Projections See Possible Shrinking Role for Nuclear Power

Nuclear power’s electricity generating capacity risks shrinking in the coming decades as ageing reactors are retired and the industry struggles with reduced competitiveness, according to a new IAEA report. The declining trend may set back global efforts to mitigate climate change, IAEA Director General Yukiya Amano said. The 38th edition of Energy, Electricity and Nuclear Power …

Uranium Weekly Update from our friends at Cormark

Sector News – WNA Highlights, Denison Takes on Larger Stake of Wheeler River The World Nuclear Association (WNA) symposium took place in London last week. Some of the highlights from Cormark’s time on the ground include: We believe Kazatomprom is fully on board with the Cameco-led production curtailments to generate a longer-term rebound in the uranium markets, particularly …

V.PLU’s Falchani Lithium Project Technical Report Filed for Maiden Mineral Resource Estimate

Plateau Energy Metals Inc. (“Plateau” “PLU” or the “Company“)(TSX VENTURE:PLU)(FRANKFURT:QG1)(OTCQB:PLUUF), a lithium and uranium exploration and development company, announced today that it has filed on SEDAR a National Instrument 43-101 (“NI 43-101”) technical report supporting the maiden Lithium Mineral Resource estimate for the Company’s Falchani Lithium Project located on the Macusani Plateau in the Puno …