Reforging its core business to return to competitiveness after record losses of €4.83 billion in 2014, French nuclear firm AREVA has split its five operational business units and rebranded them—again. All its assets related to the design and manufacture of nuclear reactors and equipment, fuel design and supply, and services to existing reactors now fall …
Emirates Nuclear Energy Corp., building the world’s largest single nuclear project, is testing operations of what could be the first reactor in the United Arab Emirates. The Barakah project of four plants in Abu Dhabi is more than 87 percent finished, with unit 1 being prepared and tested, ENEC said Wednesday in an emailed statement. …
UEX Corporation (UEX:TSX) (“UEX” or the “Company”) is pleased to announce the winter drilling program on the West Bear Cobalt-Nickel Prospect is underway. The Company plans to spend $1.5 million drilling its 100% owned West Bear Cobalt-Nickel Prospect located on the Hidden Bay project, immediately east of the West Bear Uranium Deposit (“WBU Deposit”). The …
Energy Secretary Rick Perry will fly to London this week to discuss a nuclear cooperation agreement with senior officials from Saudi Arabia, which is planning to build two reactors along the Persian Gulf, according to an administration official. Perry was originally scheduled to take part in meetings with Mexican officials, but Mexico’s president, Enrique Peña Nieto, canceled …
SEOUL, Feb. 27 (Yonhap) — South Korea will closely work with the United Arab Emirates (UAE) to begin operation of the Middle Eastern nation’s first nuclear power plant and seek ways to enter new markets, Seoul’s energy ministry said Tuesday. As part of a joint venture between state-run Korea Electric Power Corp. and the Emirates …
Canada has launched a process to prepare a roadmap to explore the potential of on- and off-grid applications for small modular reactor (SMR) technology. The roadmap will help position Canada to become a global leader in the emerging SMR market, according to Natural Resources Canada (NRCan). The roadmapping process, which is part of NRCan’s Energy …
JNFL and MHI become shareholders of Orano – 2017 net cash flow1 objective achieved despite lower revenues • Completion of Orano’s second capital increase, reserved for JNFL and MHI The Orano Board of Directors, which met yesterday, noted the completion of the capital increase reserved for Japan Nuclear Fuel Limited (JNFL) and Mitsubishi Heavy Industries, Ltd. …
TOKYO–(BUSINESS WIRE)–Mitsubishi Heavy Industries, Ltd. (MHI)(TOKYO:7011) has completed investment into Orano, a newly formed company created as part of the reorganization of the AREVA Group. Orano primarily focuses on the fuel cycle business, including uranium mining, enrichment and conversion and reprocessing of spent fuel. Previously referred to as “New AREVA Holding”, Orano possesses advanced technological …
Kazakhstan, the world’s leading uranium producer, and China, the prospective global leader in nuclear-based power generation, are looking to benefit from mutual energy cooperation in the foreseeable future. Air quality, especially in major industrial agglomerates, along with strong dependence on oil, and rapidly growing electricity consumption remain China’s formidable energy challenges. However, for the last …
NEW DELHI: India and France are likely to sign a framework agreement for expediting the Jaitapur nuclear power plant project during French President Emmanuel Macron’s visit next month, sources from the Indian side have said. The six-reactor project with a capacity of 1650-MW each will be the largest nuclear power park in the country. Talks between the two countries are …
