Uranium
Nuclear Energy Collaboration: Argentina and El Salvador Sign MoU
In a landmark agreement, Argentina and El Salvador have signed a Memorandum of Understanding (MoU) to advance nuclear energy development. This agreement, formalized between the National Atomic Energy Commission of Argentina (CNEA) and the Agency for the …
Romania to Build First SMR with $98 Million Loan from US Exim Bank
The US Export-Import (Exim) Bank has made a pivotal decision by approving a USD98 million loan for the development of Romania's first small modular reactor (SMR). This loan marks a significant milestone in advancing Romania's clean energy goals, with the SMR …
Canadian Government Puts Paladin Energy’s Fission Uranium Deal Under Review
Paladin Energy’s (ASX: PDN) proposed takeover of Fission Uranium (TSX: FCU) has encountered a significant obstacle after the Canadian government issued a notice of national security review. The deal, valued at C$1.14 billion ($846 million), would potentially …
Nuclear Energy Takes Center Stage in DOE’s Updated Liftoff Report
The US Department of Energy (DOE) has taken a significant step forward in addressing the future of nuclear energy by releasing its first update to the Pathways to Commercial Liftoff: Advanced Nuclear report. This update comes amid unprecedented growth in …
Global Banks Commit to Tripling Nuclear Energy Capacity by 2050
In a significant step toward a low-carbon future, a group of 14 global financial institutions has thrown its weight behind nuclear energy. The collective action, revealed during New York Climate Week, aligns with growing global consensus on the role of nuclear …
Poland's Nuclear Future: Bechtel and Westinghouse Welcome PLN 60 Billion Funding Boost
Poland has made a decisive step towards securing its energy future with a major funding announcement for its first nuclear power plant. Westinghouse Electric Company and Bechtel, both global leaders in nuclear technology and infrastructure, have welcomed the …
Uranium Energy’s $175m Deal for Rio Tinto’s Wyoming Assets Set to Boost U.S. Supply
In a major move for the uranium industry, Uranium Energy Corp (NYSEAMERICAN: UEC) has agreed to purchase Rio Tinto’s (ASX, LON, NYSE: RIO) uranium assets in Wyoming for $175 million. The acquisition includes the fully-licensed Sweetwater uranium mill and a …
Constellation Energy CEO Urges US to Follow China’s AI Power Strategy
As the world rapidly embraces artificial intelligence (AI), there’s one critical resource in short supply: power. According to Joe Dominguez, CEO of Constellation Energy Corp., the United States must learn from China to meet the growing electricity demands …
Powering AI with Nuclear: Microsoft Revives Three Mile Island for Carbon-Free Energy
In a groundbreaking move that intertwines the worlds of tech and energy, Microsoft Corp. is taking the bold step of powering its Artificial Intelligence (AI) ambitions with nuclear energy. The tech titan has entered into a historic agreement to purchase all …
Paladin Energy Hits Roadblock as Chinese Investor Opposes Fission Buyout
The battle for control of Canada’s Fission Uranium has taken an unexpected turn. Australia’s Paladin Energy (ASX: PDN), in a bid to cement its position as a top uranium producer, proposed a significant acquisition deal earlier this year. However, the …