Corporate

Corporate
Bruce Power and partners to expand isotope capacity

Bruce Power and partners to expand isotope capacity

A second isotope production line is being installed at Bruce 7 to double its production capacity to meet forecast increases in demand. Bruce Power and Saugeen Ojibway Nation have also announced an expansion of their partnership for the production of and marketing of medical radioisotopes.

Corporate 29 May 2024


Contract for expansion of Rolls-Royce submarine site

Contract for expansion of Rolls-Royce submarine site

International infrastructure group Balfour Beatty has been selected by Rolls-Royce as its non-fissile construction partner to help expand its Raynesway site in Derby, UK, to meet the growth in demand from the Royal Navy, and as a result of last year's AUKUS announcement.

Corporate 28 May 2024


Innovative piping rehabilitation solution to be used at US plant

Innovative piping rehabilitation solution to be used at US plant

Framatome has been awarded a multi-million-dollar contract to carry out its first major mitigation of buried condenser feed pipes using its innovative spray-in-place structural pipe liner solution at a three-unit operating nuclear plant in the USA.

Corporate 24 May 2024


Japanese-Canadian JV for fusion technology development

Japanese-Canadian JV for fusion technology development

Private Japanese fusion technology company Kyoto Fusioneering and Canadian Nuclear Laboratories have formed a joint venture - named Fusion Fuel Cycles Inc - aimed at developing and deploying deuterium-tritium fusion fuel cycle technologies.

Corporate 23 May 2024


US collaboration fortifies nuclear-grade graphite supply chain

US collaboration fortifies nuclear-grade graphite supply chain

Microreactor startup Radiant Industries and Amsted Graphite Materials have agreed to work together to reduce reliance on foreign sources of nuclear-grade graphite, with Radiant placing a "significant" purchase order for nuclear-grade graphite to support development of its Kaleidos microreactor.

Corporate 23 May 2024


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