Grounded Lithium Executes Strategic Investment with T.DML

Grounded Lithium Corp. (“GLC” or the “Company“) is pleased to announce we entered into a definitive agreement dated January 15, 2024 with Denison Mines Corp (TSX: DML NYSE American: DNN) (“Denison“) whereby Denison has the option to earn up to a 75% working interest in the Kindersley Lithium Project (“KLP“) by funding in aggregate up to $15,150,000 comprised of both cash …

U.UEC Restarting 100% Unhedged Uranium Production in Wyoming

Uranium Energy Corp (NYSE American: UEC, the “Company” or “UEC”) is pleased to announce that the Company’s Board of Directors has approved restarting uranium production at its fully permitted, and past producing, Christensen Ranch In-Situ Recovery (“ISR”) operations in Wyoming. The recovered uranium will be processed at the fully operational Irigaray Central Processing Plant (“CPP”) with …

‘The squeeze is on.’ Uranium prices hit new record and industry watchers see further to go

This aerial photograph taken on on October 4, 2023, shows the Rooppur Nuclear Power Plant in Rooppur. Bangladesh on October 5 accepted the first uranium delivery for its Russia-backed nuclear plant, a project aimed at bolstering its overstretched energy grid but complicated by sanctions on Moscow. Uranium prices surged on Monday as fresh supply worries …

Finnish grid operator found in breach of regulation over nuclear reactor

Finnish power grid operator Fingrid acted in breach of market regulation when transferring certain obligations for the power system’s reliability to TVO, owner of the new OL3 nuclear reactor, Finland’s energy authority said on Friday. The OL3 reactor, Europe’s biggest with a capacity to meet around 14% of Finland’s energy demand, began regular output in 2023 after …

World’s Biggest Uranium Miner Warns of Production Shortfall

Kazatomprom, the world’s biggest uranium miner, warned that it’s likely to fall short of its production targets over the next two years, adding another risk to supply as demand for the nuclear fuel rebounds. The London-listed company, which is controlled by Kazakhstan’s government via its sovereign wealth fund, said on Friday that shortages of sulfuric …

UK government plans further nuclear power expansion

The government is exploring plans to build a new large-scale nuclear plant, despite concerns about delays to existing projects. Ministers say the project would be the biggest expansion of the sector in 70 years, reducing reliance on overseas supply. The new plant would quadruple energy supplies by 2050, they say. But concerns have been raised, …

T.GLO Corrects Uranium Sales Quantity

Global Atomic Corporation (“Global Atomic” or the “Company”) (TSX: GLO, OTCQX: GLATF, FRANKFURT: G12) corrected the U3O8 off-take sales quantity in today’s earlier news release. Global Atomic has formalized the Letter of Intent announced in October 2023 by signing a Definitive Agreement for the sale of up to 700,000 lbs uranium per annum from the Company’s …

Japan says earthquake shook nuclear plant past safety limits

The deadly earthquake that rocked Japan on New Year’s Day shook a nuclear power plant beyond established safety levels, according to a report by Japan’s Nuclear Regulatory Authority. The authority said that the buildings at the Shika nuclear power plant on the Noto Peninsula were made to sustain shaking measured at 918 Galileo units, but the Jan. …

V.SYH to Carry Out Winter Diamond Drilling Program Totalling Combined 8,000 Metres at its Russell Lake and Moore Uranium Projects, Saskatchewan

Skyharbour Resources Ltd. (TSX-V:SYH) (OTCQX:SYHBF) (Frankfurt:SC1P) (the “Company”) is pleased to announce plans for an upcoming drill program at its recently optioned 73,294 hectare Russell Lake Uranium Project strategically located in the central core of the Eastern Athabasca Basin of northern Saskatchewan. Skyharbour is planning 5,000 metres of diamond drilling in ten to twelve holes over the next several …