“Even though a lot of politicians in California wanted to close [Diablo Canyon], they faced the reality that they could not close it and keep their lights on,” FERC’s Christie said. Grid reliability and small modular reactors were key topics at a biennial meeting between the Federal Energy Regulatory Commission and the Nuclear Regulatory Commission …
India and France are making progress in discussions related to establishing a financing mechanism and a localization component for the 9,900 MWe Jaitapur nuclear power plant in Maharashtra’s Ratnagiri district India and France are making progress in discussions related to establishing a financing mechanism and a localization component for the 9,900 MWe Jaitapur nuclear power plant in …
Global Atomic Corporation (“Global Atomic” or the “Company”) (TSX: GLO, OTCQX: GLATF, FRANKFURT: G12) is issuing this clarification notice to ease concerns raised by some of its shareholders about a recent announcement by the Mines Ministry in the Republic of Niger to suspend grants of new permits. The original notification by the Mines Ministry addresses …
Ukraine expects to start construction work on four new nuclear power reactors this summer or autumn, Energy Minister German Galushchenko told Reuters on Thursday, as the country seeks to compensate for lost energy capacity due to the war with Russia. Two of the units – which include reactors and related equipment – will be based …
Uranium prices have quadrupled over the past four years, buoyed by rising demand for nuclear power and supply challenges, but shares of uranium miners and exchange-traded funds have some catching up to do. Interest in uranium, a cornerstone of the nuclear-power industry, has grown along with global efforts to foster clean energy, leading to stronger …
Niger temporarily suspended the granting of new mining licenses, the first step in an audit of its mining sector as it seeks to boost government revenue. The country will also take stock of existing mining licenses, according to a memo from the mining ministry seen by Bloomberg. Niger is among the world’s top producers of uranium. France’s Orano, Toronto-based Global Atomic and China …
Japan’s liquefied natural gas (LNG) imports fell by 8% to 66.2 million metric tons last year to the lowest since 2009, preliminary data from the Ministry of Finance showed, following nuclear power restarts and increased use of renewable energy. As a result, last year Japan was no longer the world’s biggest LNG importer and was …
Public Service Enterprise Group’s Hope Creek nuclear power plant in New Jersey. US nuclear power plants may have to make changes to their uranium sourcing if federal restrictions on US imports of Russian uranium are passed in Congress. Source: Public Service Enterprise Group Inc. A bill in the US Congress to restrict imports of Russian …
Orano Canada Inc. (“Orano Canada”), and Denison Mines Corp. (“Denison”) (TSX: DML) (NYSE American: DNN), as joint-venture partners in the McClean Lake Joint Venture (“MLJV”), are pleased to announce that the MLJV has approved a restart of uranium mining operations using the joint venture’s patented Surface Access Borehole Resource Extraction (“SABRE”) mining method. Orano Canada owns a 77.5% interest and is …
Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) (“Purepoint” or the “Company”) announced today its exploration plans for 2024 with field programs at its two joint ventures and four of its 100% owned projects. All six projects reside in Canada’s Athabasca Basin, the world’s richest uranium district. “The recent news of production shortfalls out of Kazakhstan has highlighted …