Groundworks begin for new Chinese plant

Excavation work has started for the foundation of the nuclear island of unit 1 at the Bailong nuclear power plant in China’s Guangxi Zhuang Autonomous Region. The construction of Phase I (units 1 and 2) of the Bailong plant was among approvals for 11 new reactors granted by China’s State Council in August last year. …

Kazakhstan plans to build additional nuclear power plants

Kazakhstan may begin the construction of two more nuclear power plants following the completion of its first high-power nuclear power plant (NPP), Azernews reports citing the local media. In an interview with the republican newspaper Ana Tili, Kazakh President Kassym-Jomart Tokayev expressed confidence that Kazakhstan needs a high-power NPP and hinted at the possibility of starting the …

Production Suspension at JV Inkai

Cameco (TSX: CCO; NYSE: CCJ) was informed by our partner, National Atomic Company Kazatomprom JSC (Kazatomprom), and Joint Venture Inkai LLP (JV Inkai), that as of January 1, 2025, JV Inkai has suspended production activity. On December 31, 2024, JV Inkai formally notified us that it had not received an extension of the timeline to submit …

Kazatomprom announces temporary suspension of production activity at JV Inkai LLP

National Atomic Company “Kazatomprom” JSC (“Kazatomprom” or “the Company”) announces a temporary suspension of production activity, effective 1 January 2025, at block No. 1 of the Inkai deposit. The deposit is located in the Sozak district of the Turkestan region and is operated by JV Inkai LLP. In accordance with the Subsoil and Subsoil Use …

T.CCO CEO optimistic about the uranium market heading into 2025 despite potential headwinds

  Tim Gitzel has been around uranium long enough to have seen his fair share of ups and downs, but the head of one of Canada’s major uranium companies now sees a bright future for both his company and the industry. I’ve been in this game, the nuclear business, for over 40 years, and I don’t think I’ve ever seen …

Paladin Completes the Acquisition of T.FCU

Paladin Energy Ltd (ASX: PDN) (OTCQX: PALAF) (“Paladin“) and Fission Uranium Corp. (TSX: FCU) (OTCQX: FCUUF) (FSE: 2FU) (“Fission“) are pleased to announce the successful completion of Paladin’s acquisition of all of the issued and outstanding shares of Fission (the “Fission Shares“) by way of a court-approved plan of arrangement under the Canada Business Corporations Act (“Arrangement“) pursuant …

V.SYH Partner Company Terra Clean Energy Signs Exploration Agreement with the English River First Nation and Receives Drilling Permits for the South Falcon East Uranium Project

Skyharbour Resources Ltd. (TSX-V: SYH) (OTCQX: SYHBF) (Frankfurt: SC1P) (“Skyharbour” or the “Company”) is pleased to announce that partner company Terra Clean Energy Corp. (“Terra”, previously Tisdale Clean Energy) has announced the execution of an Exploration Agreement with the English River First Nation. This agreement strengthens their relationship and allows for access to the ancestral lands of The English River First …

Malaysia readies itself for nuclear power after 2035

Malaysia is readying itself for the likely use of nuclear energy after 2035 as it struggles to meet renewable energy and net-zero carbon emission targets. The Straits Times has learnt that Malaysia’s Cabinet, after discussing in late November a nuclear road map proposed by the National Energy Council (MTN), decided that nuclear is “one of the options of electrical power …

T.GLO Finalizes Off-take Agreement with European Utility

Global Atomic Corporation (“Global Atomic” or the “Company”), (TSX: GLO, OTCQX: GLATF, FRANKFURT: G12) is pleased to announce that it has signed an offtake agreement with a strategic Europe-based nuclear power utility to supply 260,000 pounds U3O8 per year for three years beginning in 2026. This is the fourth such agreement signed by Global Atomic.  Based …