The AI industry is pushing a nuclear power revival — partly to fuel itself

A nuclear startup backed by OpenAI chief Sam Altman wants to power data centers and homes alike. It’s racing against surging demand while working to satisfy regulators. Tech firms and Silicon Valley billionaires have been pouring money into nuclear energy for years, pitching the sustainable power source as crucial to the green transition. Now they …

Updated study extends Niger mine life

An updated feasibility study for Global Atomic’s Dasa project has more than doubled the mine life with uranium production increasing by 55%. The company has also announced its fourth offtake agreement for the mine, where processing operations are expected to begin in late 2025 or early 2026. The Dasa Project is defined in three phases. …

UAE: More nuclear reactors to be served in future as authority ‘proactively develops’ strategies

During COP28, UAE was among 22 countries committing to tripling global nuclear capacity by 2050 as part of the transition to Net Zero The Federal Authority for Nuclear Regulation (FANR), the regulatory body for the nuclear sector in the UAE, is “proactively developing” future strategies to serve more nuclear reactors, a top official said in …

T.FCU Submits Draft Environmental Impact Statement for the PLS High-grade Uranium Project, Saskatchewan

FISSION URANIUM CORP. (“Fission” or the “Company”) is pleased to announce it has submitted the Draft Environmental Impact Statement (“EIS”) for the PLS project to the Saskatchewan Ministry of Environment (“SK-ENV”). As the most important phase of the Provincial permitting process, the EIS describes the environmental and socio-economic impacts of the proposed high-grade uranium mine …

Global Atomic Updates Its Dasa Project Feasibility Study and Announces Off-take Agreement

Global Atomic Corporation (“Global Atomic” or the “Company”), (TSX: GLO, OTCQX: GLATF, FRANKFURT: G12) announced today the results of the updated Dasa Project Feasibility Study (the “2024 Study”) replacing the previous Phase 1 Feasibility Study (“Phase 1 Study”). The 2024 Study has extended the Dasa Mine Life from 12 to 23 years, Mineral Reserves have …

Texas regulators explore how to attract advanced nuclear projects, structure SMR incentives

States could use 24/7 carbon-free energy credits, potentially stacking them with federal incentives from the Inflation Reduction Act , according to Nuclear Energy Institute officials. A working group run by the Public Utility Commission of Texas is exploring how to attract advanced nuclear reactors to the state, potentially by offering clean energy credits or other …

Madaouela Project Commences Financing Due Diligence (V.GXU)

SLR Consulting appointed on behalf of prospective lenders to provide environmental and social due diligence. GoviEx has expressions of interest representing over USD 200 million of potential project related debt finance for the Madaouela Uranium Project. Continued dialog with North American, European and African institutions including export credit agencies, development finance institutions and commercial banks. …