Aging Fukui nuclear unit to restart in Aug., 2 months early

An aging nuclear reactor in central Japan’s Fukui Prefecture will resume operating in August, about two months earlier than scheduled, with the unit expected to help ease tight electricity supply conditions during the busy summer season, its operator said Friday. After being offline for about 10 years, Kansai Electric Power Co.’s Mihama No. 3 reactor …

Kazakhstan decides on site for construction of nuclear power plant – Tokayev

Kazakh authorities have decided on the site for the construction of a nuclear power plant and are studying the technologies of potential suppliers, the country’s President Kassym-Jomart Tokayev said on Thursday. The president made the remarks while speaking at a meeting of the Foreign Investors’ Council, News.Az reports citing TASS. He noted that Kazakhstan has a number …

Pentagon chooses design for ‘Project Pele’ portable nuclear reactor prototype

The Pentagon selected BWXT Advanced Technologies to build a prototype of a mobile nuclear reactor that will demonstrate the utility of a portable alternate energy source to support military operations in austere locations. The U.S. Department of Defense’s Strategic Capabilities Office last year selected Lynchburg, Virginia-based BWXT and X-energy, a nuclear reactor company based in …

V.PTU Initiates Program at 100% Owned Russell South Project

Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) (“Purepoint” or the “Company”) today announced the commencement of an airborne gravity/magnetic survey over their Russell South Uranium Project which lies on the south-central edge of the Athabasca Basin, Saskatchewan Canada. “The Russell Lake project is within a favourable geologic area since it’s close to the southern edge of the …

Varcoe: Nuclear power could be ‘holy grail’ for oilsands, says Cenovus CEO

Cenovus CEO Alex Pourbaix speaks at a news conference on Thursday, January 30, 2020. PHOTO BY AZIN GHAFFARI/POSTMEDIA ‘If we’re able to commercialize small modular reactors, you could see a scenario where you could completely decarbonize the upstream in Alberta’ Nuclear power, meet the oilsands. As oilsands operators build a blueprint to reach net-zero emissions by …

T.UEC Receives $18 Million and 25 Wyoming ISR Projects Related to the Uranium One Acquisition, and Applauds the Biden Administration for its Proposed Plan to Transition Away from Russian Nuclear Fuel Supply

Uranium Energy Corp (NYSE American: UEC) (the “Company” or “UEC”) is pleased to report that it has closed a series of transactions with Anfield Energy Inc. (“Anfield”) pursuant to which Anfield has settled $18.34 million of indebtedness (the “Anfield Indebtedness”) owing to UEC.  The Company received the Anfield Indebtedness through its $112 million acquisition of …

US seeks $4.3bn for uranium to wean off Russia supply

The Biden administration is pushing lawmakers to support a $4.3-billion plan to buy enriched uranium directly from domestic producers to wean the US off Russian imports of the nuclear-reactor fuel, according to a person familiar with the matter. Shares of uranium companies surged. Energy Department officials have met with key congressional staff, where they said such funding …

V.PTU Attending PDAC 2022 In Person – June 13 to 15, 2022

Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) (“Purepoint” or the “Company”) invites everyone that is attending this year’s PDAC convention, the world’s premier mineral exploration and mining convention, to visit Purepoint’s booth 2636 at the Investor Exchange Pavilion. The PDAC 2022 Convention will take place in person at the Metro Toronto Convention Centre from June 13 – …

Study examines option for floating nuclear power in Vietnam

A joint study by Vietnamese power engineering consultancy PECC2, Denmark’s Seaborg, designer of power barges using compact molten salt reactors (CMSRs) and manufacturer Siemens Energy looked at the case for floating nuclear power plants to provide electricity as well as hydrogen and ammonia production. The preliminary report sets out the milestones which would be needed …

Eletronuclear and EDF sign extended MoU on new nuclear

After the signing, there was a visit to Angra 3 (Image: Eletronuclear) Brazil’s Eletronuclear and France’s EDF signed a fresh Memorandum of Understanding (MoU) valid for five years promoting mutual cooperation in the development of nuclear energy projects. It is a renewal of a previous cooperation agreement from 2018, but with expanded scope and includes …