Corporate

Corporate
Oklo, Atomic Alchemy team up for future isotope production

Oklo, Atomic Alchemy team up for future isotope production

Days after beginning trading on the New York Stock Exchange, US-based fast fission plant developer Oklo Inc has announced it is forming a strategic partnership with Atomic Alchemy to produce radioisotopes from Oklo's recycling process and through fast reactor production of isotopes.

Corporate 17 May 2024


Life extensions vital to underpin future expansion: Constellation

Life extensions vital to underpin future expansion: Constellation

Expanding capacity with uprates and new build at existing nuclear plant sites are part of Constellation Energy's plans to meet growing needs for clean energy in the USA - even a restart of Three Mile Island is not ruled out - but extending the operating lives of existing nuclear plants will be vital, CEO Joe Dominguez has told investors.

Corporate 17 May 2024


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


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