NexGen Energy Ltd. (“NexGen” or the “Company”) (TSX: NXE) (NYSE: NXE) (ASX: NXG) is pleased to announce that on June 21, 2024 the Canadian Nuclear Safety Commission (“CNSC“) concluded their 30-day completeness check of NexGen’s May 21, 2024 submission of responses to the remaining 49 technical review comments and revised Federal Environmental Impact Statement (“EIS“) for NexGen’s 100% owned Rook I Project …
Australia-headquartered Paladin Energy Limited is to acquire Canadian uranium project developer Fission Uranium Corp in a transaction the companies say will create a “globally significant uranium company” listed on Australian and Canadian stock exchanges and will help advance Fission’s Patterson Lake South project towards production. The combination will mean shareholders of both companies will benefit …
Mitsubishi Heavy Industries Ltd. is almost finished designing its next-generation nuclear reactor, paving the way for construction to begin as Japan shifts its energy focus to develop more atomic power. Mitsubishi Heavy Industries Ltd. is almost finished designing its next-generation nuclear reactor, paving the way for construction to begin as Japan shifts its energy focus …
IsoEnergy Ltd. (“IsoEnergy” or the “Company”) (TSXV: ISO; OTCQX: ISENF) is pleased to announce that it has received conditional approval from the Toronto Stock Exchange (the “TSX”) to graduate from the TSX Venture Exchange (the “TSXV”) and to list its common shares (the “Common Shares”) on the TSX. Final approval of the listing is subject to …
Nigerien military authorities have withdrawn the operating permit for a large uranium mine from the French company Orano, the company said, significantly escalating tensions between the military junta and the country’s former colonial power. Niger, a landlocked country of 26 million, is the world’s seventh biggest supplier of uranium, used for the production of weapons …
Key Takeaways Uranium Market Consolidation: Thus far in 2024, the uranium spot price has stabilized between $85 to $95 per pound after a significant 88.54% increase in 2023. This phase indicates a healthy correction within a bullish market cycle. Miners’ Catch-Up: Uranium miners have shown improved performance, catching up to gains in the spot price. Long-Term Contracting …
The Army intends to deploy the prototype microreactor nuclear power plant at an installation in the continental U.S. by 2030. If successful, the technology could be used at bases around the globe. The U.S. Army is looking to leverage the recent advancements in nuclear technology to shore up the energy resilience of its bases. As …
Up to 12,000 meters planned across multiple targets within the Westmoreland Conglomerate that crosses Queensland and the Northern Territory Primary aim to expand existing Westmoreland resource; enhancement of project economics targeted Second drill rig arriving in mid-July Maiden resource estimate planned at Long Pocket for year-end Northern Territory Geological Survey awards two exploration grants Laramide …
President Yoon Suk Yeol has announced plans to create a small modular reactor (SMR) industrial hub in the city of Gyeongju in the southeastern corner of South Korea’s North Gyeongsang Province. The government also aims to establish a hub for the hydrogen industry in the province. Speaking at the 26th people’s livelihood debate meeting, held …
China’s first industrial-use nuclear energy steam supply project, at the Tianwan nuclear power plant in China’s Jiangsu province, has entered operation following commissioning tests. The project will supply steam to a nearby petrochemical plant. The project – known as Heqi-1 – was jointly developed by China National Nuclear Corporation (CNNC) subsidiary Jiangsu Nuclear Power Company …