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Canadian firms team up for heavy water production

Canadian firms team up for heavy water production

Canadian Nuclear Laboratories, Atomic Energy of Canada Limited and AtkinsRéalis have signed a memorandum of understanding to explore opportunities to collaborate on the production of heavy water for use in new Candu reactors in Canada.

Corporate 14 May 2024

EDF secures 'green' financing for extended operation of reactors

EDF secures 'green' financing for extended operation of reactors

French utility EDF has signed green bank loans for a total amount of about EUR5.8 billion (USD6.3 billion), which will be used to finance the life extension of its existing nuclear power plant fleet in France.

Corporate 13 May 2024

Most Read

EDF secures 'green' financing for extended operation of reactors

New agreements look to nuclear technology to decarbonise industrial operations

BWXT announces expansion of Ontario manufacturing plant

US microreactor developer goes public

CORE Energy Systems leads life extension of the Tarapur nuclear plant

Sheffield Forgemasters regains ASME accreditation

Framatome signs 'multi-billion euros' contracts with Sizewell C

GEH launches supplier group to support SMR deployment

Framatome, KHNP to cooperate on medical isotope production

Would-be producers making the most of the uranium market

Would-be producers making the most of the uranium market

NexGen Energy Ltd has said its newly announced strategic purchase of 2.7 million pounds U3O8 (1039 tU), together with a recent share placement, "will significantly assist the company in funding the anticipated capital needs to develop the Rook I Project" in Canada. Denison Mines Corp intends to use its physical uranium investment to support future project financing efforts for Phoenix - and has just sold 100,000 pounds U3O8 from its physical uranium holdings at more than three times the price it paid for it.

Corporate 10 May 2024

Fortum, OKG announce hydrogen plans

Fortum, OKG announce hydrogen plans

Utilities in Finland and Sweden have announced separate nuclear-related hydrogen initiatives. Fortum has announced plans for a hydrogen pilot plant near to its Loviisa nuclear power plant, while OKG has signed a contract with Hynion to supply surplus hydrogen from operations at the Oskarshamn plant to its hydrogen filling stations.

Corporate 09 May 2024

US microreactor developer goes public

US microreactor developer goes public

NANO Nuclear Energy Inc said it intends to use the net proceeds from its initial public offering to continue R&D of its proprietary ZEUS and ODIN microreactor designs as well as its high-assay low-enriched uranium activities.
 

Corporate 08 May 2024

CPS Energy increases ownership of South Texas Project

CPS Energy increases ownership of South Texas Project

CPS Energy has agreed to acquire an additional 2% ownership of the South Texas Project from Constellation and has entered a long-term power purchase agreement for 200 MWe of capacity following the resolution of disputes over Constellation's 2023 acquisition of NRG Energy's share of the two-unit nuclear power plant.

Corporate 07 May 2024

Kazatomprom issues quarterly update

Kazatomprom issues quarterly update

The Kazakh national atomic company's first quarter uranium production saw a slight year-on-year increase but its guidance metrics remain unchanged. Kazatomprom's first quarter trading announcement also included an update on plans for a new sulphuric acid plant.

Corporate 03 May 2024

Holtec sets up maintenance and modification subsidiary

Holtec sets up maintenance and modification subsidiary

US company Holtec International has established a wholly-owned subsidiary aiming to "energise the presently placid business sector of modification and maintenance", with the initial project being the restart of the Palisades plant.

Corporate 02 May 2024

Cameco says outlook for 2024 'remains solid'

Cameco says outlook for 2024 'remains solid'

CEO Tim Gitzel said the Canadian nuclear fuel company's results for the first quarter of 2024 - with losses of CAD7 million (USD5 million) - were driven by normal quarterly variations, coupled with costs related to its acquisition last year of Westinghouse.

Corporate 02 May 2024

UK's National Physical Laboratory and CERN sign MoU

UK's National Physical Laboratory and CERN sign MoU

The memorandum of understanding will see the UK's National Physical Laboratory joining CERN's neutron time-of-flight facility with studies aiming to benefit advanced nuclear reactors, fuel cycles and nuclear fusion.

Corporate 01 May 2024