SEOUL, Jan. 12 (Yonhap) — The state-run Korea Hydro & Nuclear Power (KHNP) said Friday Shin Kori-3, an advanced nuclear reactor designed for exports, has operated without problems since coming online in December 2016. The ARP-1400 reactor in Ulsan, 410 kilometers southeast of Seoul, achieved “one cycle of trouble-free” operation for 389 days, the nuclear …
Further to its press release dated Jan. 6, 2017, Laramide Resources Ltd. has made its anniversary payment to Westwater Resources Inc. (formerly Uranium Resources Inc.) pursuant to Laramide’s acquisition of the Church Rock and Crownpoint uranium projects. The US$1.5 million payment (the “Payment”) consisted of a US$750,000 cash payment and the issuance of 1,982,483 common …
Japan and Britain have agreed to provide the lion’s share of financing for a nuclear power plant project planned by Hitachi Ltd. on the island of Anglesey off northwest Wales, sources said. The two governments are set to extend a combined 2.2 trillion yen ($20 billion) in loans with the help of financial institutions and …
SHANGHAI/PARIS (Reuters) – A deal long sought by French company Areva to build a $12-billion nuclear waste reprocessing plant in China looks increasingly unlikely to go ahead despite a visit to Beijing by President Emmanuel Macron meant to drum up business. During Macron’s state visit this week, Areva and China National Nuclear Corp (CNNC) signed …
Last year, the International Atomic Energy Agency (IAEA) presented two possible scenarios for global nuclear power capacity up to 2050. One was a ‘high’ projection, in which capacity nearly doubles over ten years, and the other a ‘low’ projection, where capacity decreases markedly. Heidi Vella explores the scenarios side by side to see which is …
MOSCOW, January 10. /TASS/. Atomredmedzoloto (ARMZ), an affiliate of the mining division of the Russian state nuclear corporation Rosatom, maintained uranium mining in Russia in 2017 at the level of 3,000 tonnes, similarly to 2016, the company said on Wednesday. “ARMZ completely delivered the annual plan of strategic feedstock supplies for the nuclear industry, keeping …
Russia is ready to offer several options for financing the nuclear power plant construction project in Uzbekistan, Sputnik news agency reported citing a source. According to the source, presently, the Uzbek government is working out a detailed proposal for the construction of the nuclear power plant and estimation of possible investments. “This is a political …
When weighing up the pro’s and con’s of coal, solar and wind energy, there is always one alternative that seems to get swept under the rug – nuclear energy. The Minerals Council of Australia will today reinvigorate the debate over nuclear power. In a pre-budget submission to Scott Morrison, the council is urging the government to take …
The visit will be Nursultan Nazarbayev’s first under the presidency of Donald Trump. Next week, Kazakh President Nursultan Nazarbayev will meet with U.S. President Donald Trump at the White House. On January 16, a White House statement said, the two leaders, “will discuss ways to strengthen and enhance our strategic partnership on regional security issues and …
Summary Cameco Corporation offers an attractive risk/reward based on sensitivity analysis. Cameco Corporation and KazAtomProm, which combine for 38% of annual global production, have made significant production cuts in an effort bring balance to the oversupplied uranium market. Current uranium price is unsustainable as spot price is $23.75 per pound compared to the industry average …