President Lee Jae Myung and Philippine President Ferdinand Marcos Jr. on Tuesday agreed to strengthen bilateral economic cooperation in areas including artificial intelligence (AI), the defense industry, nuclear energy and critical minerals during their summit talks. Lee underscored the importance of expanding bilateral ties beyond trade and investment into promising new sectors and stepping up …
The Nuclear Regulatory Commission issued a proposed rule for comment, which would streamline Atomic Safety and Licensing Board adjudicatory hearings on most license applications, including new reactors and reactor license renewals. This rule is part of broader reforms from Executive Order 14300 aimed at increasing U.S. nuclear capacity and to reestablish the United States as …
Cameco (TSX: CCO; NYSE: CCJ) has entered a long-term agreement to supply uranium ore concentrate (U3O8) to the Government of India’s Department of Atomic Energy, for use in the country’s fleet of nuclear reactors. The agreement will see Cameco supply nearly 22 million pounds of uranium ore concentrate to India over a nine-year period on market-related …
In a rapidly changing world, Canada is focused on what we can control. We are building our economic strength at home and diversifying our partnerships abroad. As the world’s fastest-growing major economy, India presents extraordinary opportunities. With a population of 1.4 billion, its energy demand is increasing faster than anywhere else in the world – equal …
The state is one of several looking into allowing new nuclear reactors to meet climate goals as AI power demand surges. Amid a worldwide resurgence of interest in nuclear energy, cracks are showing in California’s 50-year-old moratorium on the technology as artificial intelligence spikes electricity demand and the state struggles to meet its climate goals. New state legislation introduced last month would allow …
With nuclear capacity set to triple by 2050 demand for uranium is projected to soar. A more sustainable and environmentally-friendly approach to uranium production is set to have a big impact on a cleaner future for all. n 2023, at the United Nations Climate Conference COP28, a historic milestone was reached: for the very first …
Increased uranium sales, over one million pounds of low-cost U.S. uranium production, successful ongoing heavy rare earth pilot production, and completion of upsized $700 million 0.75% convertible senior notes boosts working capital to near $1 billion. Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) (“Energy Fuels” or the “Company”), a leading U.S. producer of uranium, rare earth elements …
Hours after rejecting a bill to prohibit Arizona counties from regulating small nuclear reactors that are co-located with data centers and other large energy users, the Arizona House of Representatives approved a different bill with nearly identical language. The proposals are expanded versions of a bill that Gov. Katie Hobbs vetoed last year that would have allowed …
Laramide Resources Ltd. (TSX: LAM) (ASX: LAM) (OTCQX: LMRXF) (“Laramide” or the “Company”) a uranium mine development and exploration company with significant projects in the United States and Australia, is pleased to announce that it has engaged Lycopodium Limited (ASX: LYL) to update the Preliminary Economic Assessment (“PEA”) for its Westmoreland Uranium Project in Queensland, Australia. Lycopodium, …
There appears to be broad, bipartisan support for new nuclear energy projects in Arizona as demand on the state’s energy grid continues to grow. Arizona elected officials from both parties and from multiple areas of government expressed interest in expanding the state’s energy portfolio to include more nuclear energy at an Arizona Corporation Commission workshop …
