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 …
The renewed licences authorise the company to continue to operate the Key Lake, McArthur River and Rabbit Lake sites. Rabbit Lake’s renewed licence is valid until October 2038, and those for Key Lake and McArthur River until October 2043. Cameco submitted its application for the licence renewals to the Canadian Nuclear Safety Commission (CNSC) last …
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 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 …
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 …
Speaking to reporters on the sidelines of a cabinet meeting on Wednesday, Eslami said, “In the implementation of the 20-year document of the Atomic Energy Organization, the nuclear fuel cycle and the development of mining industry activities are on the agenda. Yesterday, we started the operation of the 12th mine in West Azerbaijan.” As regards …
“A changing policy landscape is creating opportunities for a nuclear comeback,” according to the International Energy Agency (IEA) in the latest edition of its World Energy Outlook, with nuclear generating capacity expected to increase from 417 GWe in 2022 to 620 GWe in 2050 in a scenario based on existing energy policies. The IEA says major …
The circular overhead crane in the first unit of the Akkuyu nuclear power plant in Turkey has been put into operation. The first components of the fuel reloading system have also been delivered, TVEL says. The polar crane has a lifting capacity of 390 tonnes, a diameter of 41.5 metres with the weight of the …
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 …
It also remains to be worked out how the authorities intend to fund a project that could end up costing $12 billion. The authorities in Kazakhstan have for many years been toying with the idea of building a nuclear power plant, but they have lacked the nerve to take a decision in the face of …
