Search Results for: uuuu

ClearPath, a not-for-profit organization, states that in addition to longer operation for nuclear power plants and utility commitments to net-zero emissions, public policy is needed to help avert the plateau to 2050. In a new report, the DC-based organization warned that continued load growth in states that don’t have climate targets and the closure of … Continue reading “ClearPath Finds That Nuclear Power Is Essential for Decarbonization”

Vanadium is a silver-gray metal used to make various metal alloys and particularly in the manufacture of ferrovanadium. Ferrovanadium is an alloy of vanadium and iron used in steel production. Recently, countries that produce vanadium have greatly benefited from infrastructure spending in China and around the world. Global economic recovery, coupled with the growing interest … Continue reading “The Top Four Global Producers of Vanadium”

Nuclear safety regulators in the United States and Canada recently concluded their collaborative project, which focused on small modular reactor licensing. The U.S. Nuclear Regulatory Commission and the Canadian Nuclear Safety Commission have released a joint report that offers feedback on the manufacturing codes it suggests for use in both Canada and the U.S. for … Continue reading “Canadian, .US Nuclear Regulators Conclude Maiden Collaborative Project”

Under the new bipartisan infrastructure legislation, nuclear power reactors have been allocated $6 billion. This move is supported by the Biden administration and Senator Joe Machin, who is an advocate for nuclear reactor incentives and the chairman of the Senate Energy and Natural Resources Committee. Nuclear energy is a zero-emission, clean-energy source that generates power … Continue reading “Nuclear Power Reactors Allocated $6 Billion in Bipartisan Infrastructure Bill”

Mining is the extraction of geological materials and valuable minerals out of the ground, with the most popular mining methods being open surface, underground and in-situ mining. Unlike the other mining methods mentioned, in-situ mining doesn’t involve a lot of digging or landscape disturbance. Also known as in-situ leaching and in-situ recovery, the method isn’t … Continue reading “Why In-Situ Recovery Is a Great Mining Method”

Earlier in June, Andries Rossouw of PwC Africa Mining released a statement noting that during the peak of the coronavirus pandemic, mining companies with higher environmental, social and governance (“ESG”) ratings surpassed the broader market to deliver a 34% average total shareholder return, which is 10 points higher than the general market index. Companies  with … Continue reading “PwC Says Higher ESG Scores Correlate with Superior Mining Stocks Performance”

The Global Market of Microreactors report centers on the potential of microreactors and the future international microreactor market, evaluating their potential deployment and unique capabilities in certain international markets in the period between 2030 and 2050. The report observes that the coming years will see a growing demand for nuclear microreactors in key markets around … Continue reading “US Report Forecasts Demand for Nuclear Microreactors”

Figures show that the global production of uranium will recover by more than 3% this year, owing to the resumption of operations at Canada’s Cigar Lake mine as well as other mines that were suspended last year. In addition, while the mineral’s production in Australia will continue to decrease because of the halt in operations … Continue reading “Worldwide Uranium Production Set to Register 3.1% Recovery in 2021”

Last week, Neo Performance and Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) created a new U.S.-Europe supply chain for rare earth minerals when the first shipment of 20 tons of rare earth carbonate was shipped to Neo’s rare earth separation facility from the latter company’s production White Mesa Mill in Utah. Energy Fuels expects … Continue reading “New US-to-Europe Rare Earth Minerals Supply Chain Created”

As more economies and countries execute the transition into the use of clean energy, some investors are looking to uranium as an alternative source of electricity, with many skeptical that weather will be able to meet global electricity needs. Prices of shares in uranium mining companies have been surging, despite the presence of weather dependent … Continue reading “Investors Turn to Uranium as Reliable Source of Clean Energy”