Ali Akbar Salehi, head of Islamic Republic’s Atomic Energy Organization, says work on $8.5-billion power station project ‘moving ahead in an excellent manner’ Construction of two new nuclear plants in the southern Iranian city of Bushehr, home to the country’s only current working nuclear power station, is on schedule and going to plan, the Islamic Republic’s …
Nursultan Nazarbayev, the president of Kazakhstan, said on Tuesday that he was resigning as the oil-rich Central Asian nation’s leader after three decades in power. Nazarbayev, 78, has led the former Soviet republic since 1989, first as its Communist leader and then as president. “I have taken a decision, which was not easy for me, …
Nuclear power related shares soared across the board on Tuesday in Hong Kong and China after Beijing announced plans to invest 81.2 billion yuan (US$12 billion) in four new reactors for the first time since 2016. CGN Mining, a unit of state-owned China General Nuclear Power Group (CGN) that trades in uranium fuel, jumped 15 …
UEX Corporation (UEX:TSX) (“UEX” or the “Company”) is pleased to announce the second tranche of assay results from the winter drilling program on the Company’s 100% owned West Bear Property, located in the eastern Athabasca Basin of northern Saskatchewan. In January, UEX commenced a $4.25 million 110-160 drill hole program at West Bear with the …
Uranium Energy Corp (NYSE American: UEC, the “Company” or “UEC”) is pleased to announce that it has completed a Securities Exchange Agreement with the Pacific Road Funds to exchange 11,000,000 outstanding common stock purchase warrants of UEC (the “Warrants”), which had an expiry date of August 9, 2022, for an aggregate of 750,000 common shares …
Tokyo Electric Power Co. and other utilities are taking a huge gamble by providing hundreds of billions of yen (billions of dollars) to restart an aging nuclear power plant in need of safety upgrades. Japan Atomic Power Co. intends to resume operations of the one reactor at the Tokai No. 2 nuclear plant in Ibaraki …
Russian state nuclear corporation Rosatom has announced completion of the basemat for the nuclear island buildings of unit 1 of the Akkuyu nuclear power plant in Turkey. Meanwhile the European Parliament has voted to suspend European Union accession negotiations with Turkey and has reportedly called for cancellation of the Akkuyu project. The project is based …
Brazil’s energy minister said the country plans to sign an accord next week with President Donald J. Trump that could pave the way for U.S. companies to explore the Latin American country for uranium and invest in new nuclear-power plants. Bento Albuquerque, a former admiral who once ran the Brazilian Navy’s atomic program, met with …
The Emirates Nuclear Energy Corporation has signed a memorandum of understanding with Enusa Industrias Avanzadas, defining a framework for collaboration and the exchange of information and expertise in the field of nuclear fuel services. ENEC said the memorandum – which was signed at ENEC’s headquarters in Abu Dhabi, by Mohamed Al Hammadi, CEO of ENEC, …
The United States and India on Wednesday agreed to strengthen security and civil nuclear cooperation, including building six U.S. nuclear power plants in India, the two countries said in a joint statement. The agreement came after two days of talks in Washington. The United States under President Donald Trump has been looking to sell more …
