White House backs HALEU enrichment with a request for $2.2 billion

Just a few hours after a new Speaker of the House of Representatives was elected on October 25, the White House sent a list of funding priorities for “critical domestic needs” to Congress for consideration as legislators restart the stalled annual appropriations process. Those priorities include $2.2 billion for low-enriched uranium (LEU) and high-assay low-enriched uranium (HALEU) enrichment capabilities. And to ensure that investment in domestic HALEU enrichment pays off, the White House is also calling for a long-term ban on enriched uranium from Russia. If you build it, the money will come? The Department of Energy …

V.PTU Provides Update on Exploration Activities

Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) (“Purepoint” or the “Company”) today provided an update on its current exploration activities and plans for the coming winter season. As the price of uranium continues to rise, Purepoint is placing considerable emphasis on ensuring that it will be able to maximize the 2024 exploration drilling across its considerable portfolio …

Bulgaria to begin work on two reactors at Kozloduy nuclear site

Bulgaria has taken the first steps towards the construction of two additional reactors at its Kozloduy nuclear power plant, which will add combined capacity of 2,300 megawatts (MW), Prime Minister Nikolay Denkov said on Wednesday. The energy ministry will begin selection of a contractor for the design, construction and commissioning of the seventh new power …

Here’s what’s in the White House’s $56 billion domestic spending request

The Biden administration unveiled on Wednesday a $56 billion domestic spending request that would funnel billions of dollars into disaster response, child care, national security, aid for lower-income Americans and other programs. The supplemental funding request comes a week after the White House asked Congress for $105 billion for a separate national security package that includes military …

V.ISO Provides Summer Exploration and Corporate Update

IsoEnergy Ltd. (“IsoEnergy” or the “Company”) (TSXV: ISO; OTCQX: ISENF) is pleased to provide an update on the results of summer 2023 exploration work on its eastern Athabasca Basin uranium properties (Figure 1). Summer Program Highlights: 5,270 metres of drilling were completed in 11 drill holes on the Larocque East, Hawk and Ranger projects. Mineralization was …