S. Korea moves to revitalize nuclear energy as AI boom drives up electricity demand South Korea will begin the process of extending the operating lifespan of Wolseong Nuclear Power Plant Units 2, 3 and 4, which previously had been on track for closure within the next two to five years. This means that all ten …
Sprott Asset Management USA (“Sprott”), a wholly-owned subsidiary of Sprott Inc. (NYSE/TSX: SII), today announced that it will be charging a unitary fee of 75 basis points for Sprott Uranium Miners ETF effective 4/1/2024. Previously, Sprott had been publishing a rate of 83 basis points based on a tiered billing structure. Sprott Uranium Miners ETF …
The U.S. Department of Energy (DOE) today released an information guide for communities considering replacing their retired or retiring coal power plants with nuclear power plants. The guide is based on a technical study that found transitioning from a coal plant to a nuclear one would create additional higher paying jobs at the plant, create hundreds of additional jobs …
TerraPower announced today the submission of its construction permit application to the U.S. Nuclear Regulatory Commission (NRC) for the NatriumTM reactor1 demonstration project. TerraPower is the first to submit its construction permit application for a commercial advanced reactor to the NRC. TerraPower is leading the way in bringing the next generation of nuclear energy to market. TerraPower …
The French government has said it is “seriously” studying the option of building a plant to convert and enrich reprocessed uranium to cut its reliance on Russia following the invasion of Ukraine. The only plant in the world that currently converts reprocessed uranium for use in nuclear power plants is located in Russia. “The option of carrying out an industrial project to convert reprocessed uranium in France is being seriously …
Denison Mines Corp. (‘Denison’ or the ‘Company’) (TSX: DML) (NYSE American: DNN) is pleased to announce that it has filed its 2023 Annual Report on Form 40-F with the U.S. Securities and Exchange Commission (‘SEC’). Denison’s Form 40-F includes its management discussion and analysis and audited financial statements for the year ended December 31, 2023. The …
The US Department of Energy Loan Programs Office has conditionally committed up to USD1.52 billion for a loan guarantee to Holtec Palisades for its project to bring the Palisades plant, which ceased operations in May 2022, back online. If the project proceeds, it will be the first nuclear power plant in the USA to return …
Uranium enrichment services provider Urenco has broken ground on an expansion of its plant in Almelo in the Netherlands. The move came as the company signed a new long-term supply contract with Korea Hydro & Nuclear Power. Urenco announced plans in December last year to increase capacity at its Almelo plant by 15% in response …
The UK should have done more to boost nuclear power “years ago” and is “running to catch up”, a minister has conceded. Andrew Bowie, the nuclear minister, said he made “no bones” about the fact the Government is making up for lost ground with new funds for skills and jobs aimed at shoring up Britain’s energy security …
Winter regional exploration drill program complete; Results warrant follow-up on key targets on prolific trend is pleased to announce completion of the winter 2024 exploration drill program at its PLS high-grade uranium project, in the Athabasca Basin region of Saskatchewan, Canada. A total of 15 holes (~5,567m) were completed on six separate target areas. The …
