Two designs each get $400 million to prove that smaller, cheaper reactors can work, but the funds will cover only a fraction of the development costs In the race to build America’s first small modular reactors, the U.S. Department of Energy has picked its front-runners. On Tuesday, the agency awarded a total of $800 million in grants, originally allocated under …
Building America’s Only Vertically Integrated Uranium Fuel Supply Chain, from Mining to Conversion, Supporting U.S. Enrichment Increasing Production Through Construction of New Low-Cost In-Situ Recovery Capacity in Wyoming and Texas Strategic Inventory Positioning Ahead of Section 232 Decision and Projected Supply Deficits Operational Highlights: Maintained Low-Cost Production Profile: Achieved Total Cost per Pound(1) of $34.35, including Cash …
A day after inking a $2.7 billion deal to lead South Carolina’s nuclear reboot, executives of a New York investment firm were in the Palmetto State to talk about what drew them to the multibillion-dollar undertaking. Hundreds gathered Tuesday on the floor of Colonial Life Arena in Columbia to hear from South Carolina utility executives, legislators and …
Nuclear Power Corporation of India Ltd (NPCIL) has achieved the highest generation of nuclear power of 56,681 million Units of electricity in FY 2024-25, avoiding about 49 million tons of CO2 emissions. Continuous Operation for more than a year has been recorded 53 times so far, with TAPS-3 exceeding its earlier record of 521 days …
Kazakhstan’s probable uranium reserves exceed 2 million tons, Energy Vice Minister Yerlan Akbarov revealed at today’s plenary session of the Kazakh Senate, Qazinform News Agency reports. He announced Kazakhstan’s prospective uranium reserves surpass more than 2 million tons. There are nine uranium provinces in Kazakhstan, including the Shu–Sarysu and Syrdarya basins, which are mainly represented by hydrogenic …
Skyharbour Resources Ltd. (TSX-V: SYH) (OTCQX: SYHBF) (Frankfurt: SC1P) (“Skyharbour” or the “Company”) is pleased to announce that its joint-venture partner, Orano Canada Inc. (“Orano”), is planning a substantial 2026 exploration and drilling program at the 49,635 hectare Preston Uranium Project (“Preston” or the “Property”) located in the western Athabasca Basin, Saskatchewan, Canada. The upcoming program will include an Airborne Gravity …
Poland will begin building its first nuclear power plant later this month after the EU formally approved public funding for the project, Prime Minister Donald Tusk said on Tuesday. Posting on X, the prime minister said: “We have it! Billions in public aid for the construction of Poland’s first nuclear power plant. Europe has given its approval and the …
India is close to opening its nuclear power sector to private investment as it seeks to boost installed nuclear capacity tenfold by 2047, which is estimated to cost $214 billion (19.28 trillion Indian rupees). The bill to open the nuclear energy sector to private investment is expected to be passed by the federal government this …
Nvidia CEO Jensen Huang says energy, not chips, now limits AI growth and predicts tech firms will run small nuclear reactors within seven years. Nvidia CEO Jensen Huang told Joe Rogan that energy, not chips, is now the main limit for AI growth Huang predicts tech companies will run small nuclear reactors near data centers …
Skyharbour Resources Ltd. (TSX-V: SYH) (OTCQX: SYHBF) (Frankfurt: SC1P) (the “Company”) is pleased to announce that it has closed a non-brokered private placement (the “Private Placement”) financing for total gross proceeds of CAD $2,103,898.94. The Private Placement was mostly subscribed for by several strategic institutional investors. The funds will be applied towards the Company’s upcoming 2026 exploration campaign including exploration and drilling …