Two separate innovative nuclear fuels are closer to deployment thanks to agreements signed yesterday. Lightbridge Corporation and Areva NP signed a binding agreement to set up a joint venture to develop, manufacture and commercialise Lightbridge’s advanced metallic fuel technology, while a memorandum of understanding between X-energy and Centrus Energy will see the companies work toward …
Tokyo Electric Power Co. (TEPCO), the utility responsible for the Fukushima No. 1 nuclear plant and its March 2011 triple meltdown, is aiming to get the reactors at its other power plants back on line. The Nuclear Regulation Authority (NRA), which must approve any restarts, had been holding to a very strict line on TEPCO …
French power output from nuclear plants registered its biggest monthly gain so far this year, up 6% from August last year, reducing its deficit so far this year to just 2% with nuclear operator EDF maintaining its target of on year production gains for 2017, an analysis of monthly production data from French TSO RTE …
KELOWNA, BRITISH COLUMBIA–(Marketwired – Sept. 7, 2017) – FISSION URANIUM CORP.(TSX:FCU)(OTCQX:FCUUF)(FRANKFURT:2FU) (“Fission” or “the Company“) is pleased to announce the assay results from four holes on the new, land-based, R1515W zone, where drilling has intersected the widest, high-grade mineralization outside of the Triple R Deposit at its’ PLS property in Canada’s Athabasca Basin region. Of particular note …
PRAGUE (Reuters) – The Czech government should decide early next year how to build and fund new nuclear reactors to replace coal-fired and nuclear units that will shut down over the next two decades, the country’s special envoy for nuclear energy said. Options include utility CEZ, which is 70 percent state owned, making the investment …
The second AP1000 unit under construction at the Sanmen site in China’s Zhejiang province has completed cold hydrostatic testing of its primary circuit. The tests are an important step in the commissioning of new units. Cold hydrostatic testing involves filling the reactor’s primary circuit with water, which is circulated at high pressure by the reactor …
KRYNICA ZDROJ, Poland, Sept 6 (Reuters) – Coal-dependent Poland aims to build its first nuclear power plant by 2029 to reduce carbon emissions, its energy minister said on Wednesday, a little later than envisaged last year. Warsaw announced the project in 2009, but hit numerous delays due to falling power prices and Japan’s 2011 Fukushima …
TORONTO, ONTARIO–(Marketwired – Sept. 6, 2017) – Uranium Participation Corporation (“UPC”) (TSX:U) reports its estimated net asset value at August 31, 2017 was CAD$388.8 million or CAD$3.22 per share. As at August 31, 2017, UPC’s uranium investment portfolio consisted of the following: (in thousands of Canadian dollars, except quantity amounts) Quantity Fair Value Investments in Uranium: …
Perth – Uranium developer Bannerman Resources is optimistic about the future of the uranium price, with CEO Brandon Munro telling delegates at the fifteenth yearly Africa Downunder conference, in Perth, that the current decade-low prices are unsustainable. “The uranium spot price is languishing at a decade low price of $20/lb,” Munro said on Thursday. “While all commodity markets are cyclical, and it …
Egypt has signed a deal to use Russian investment to develop the country’s first nuclear power plant at Dabaa, on the Mediterranean coast. The Associated Press reports that the agreement was signed on Monday after two years of negotiations. The reports came after Egypt’s President Abdel-Fattah Al-Sisi met with Russian President Vladimir Putin in China, where they were …