T.GLO Announces 2024 Results

Global Atomic Corporation (“Global Atomic” or the “Company”), (TSX: GLO, OTCQX: GLATF, FRANKFURT: G12) announced today its operating and financial results for the year ended December 31, 2024.  For more detail, please refer to the Consolidated Financial Statements and Management’s Discussion and Analysis for the year ended December 31, 2024, on the Company’s website at www.globalatomiccorp.com. …

Paladin Energy tanks after withdrawing production guidance

More news: Shares in Paladin Energy plunged in early trading after the uranium miner withdrew its full-year production guidance following a “one-in-fifty-year” rainfall event that disrupted operations at its Langer Heinrich mine in Namibia last week. Paladin shares were down 8% to $5.88 at 10:30am AEDT. Paladin Energy scraps guidance after Langer Heinrich shutdown The news: Uranium …

Poland greenlights financing for 1st nuclear plant

President Andrzej Duda signs into law plans to raise $15.6B in financing for country’s first nuclear power plant, pending EU permission Poland’s President Andrzej Duda on Wednesday signed into law legislation that provides €14.5 billion ($15.6 billion) in financing for the country’s first nuclear power plant, local media reported. Warsaw needs EU approval for such …

$900 Million Available to Unlock Commercial Deployment of American-Made Small Modular Reactors

U.S. Secretary of Energy Chris Wright $900 million solicitation to support the deployment of small modular reactors will help grow the supply of affordable and abundant energy for Americans. The U.S. Department of Energy (DOE) today re-issued a $900 million solicitation to support the deployment of small modular reactors to better align with President Trump’s bold agenda …

Michigan nuclear plant shows the challenges the U.S. will face in safely restarting old reactors

The shuttered Palisades nuclear plant in Michigan aims to become the first reactor in U.S. history to restart operations after permanently closing. The restart project at Palisades would set a precedent as other closed nuclear plants in the U.S. are looking to reopen. But inspections found Palisades’ steam generator tubes need significant repairs. The tubes …

Uzbekistan to build a 330 MW small nuclear power plant

Uzbekistan to build a 330 MW small nuclear power plant Tashkent, Uzbekistan (UzDaily.com) — Uzbekistan is actively advancing its nuclear energy sector as part of its strategy to ensure the country’s long-term energy security. A key component of this initiative is the construction of the country’s first small modular nuclear power plant (SMR). According to UzA, …

Finland’s Fortum says building new nuclear power is too expensive, for now

New nuclear power production capacity is not commercially viable to build for now, based on the current Nordic power market outlook of low prices, Finnish utility Fortum (FORTUM.HE), opens new tab said on Monday. The company on Monday concluded a two-year study into the feasibility of new nuclear power but said it would focus on renewable energy …

Trump signs order to increase critical mineral production in the U.S.

President Joe Biden also invoked the Defense Production Act to boost critical minerals output in 2022. President Trump signed an executive order to increase production of critical minerals, including uranium, copper, potash, gold and possibly coal. The order directs federal agencies to expedite the review of mineral projects and prioritize mineral production over other projects …