Nuclear technology

Standard Uranium Team Mobilizes for Summer Drill Program at Flagship Davidson River Project and Announces Staffing Update

Retrieved on: 
Tuesday, May 25, 2021

This past year Mr. Hillacre has been a project geologist with Standard Uranium and has been instrumental in running the Davidson River drill programs and expanding the geological understanding on the Project.

Key Points: 
  • This past year Mr. Hillacre has been a project geologist with Standard Uranium and has been instrumental in running the Davidson River drill programs and expanding the geological understanding on the Project.
  • He brings a unique and balanced background integrating academic geoscience with industry experience, along with a comprehensive understanding of project development.
  • Mr. McCallum has been an integral part of Standard Uranium since its inception as a Director and VP of Exploration.
  • Standard Uranium's Davidson River Project, in the southwest part of theAthabascaBasin,Saskatchewan, is comprised of 21 mineral claims over 25,886 hectares.

Small Modular Reactor Project at the Chalk River Laboratories Moves to Formal Licence Review with CNSC

Retrieved on: 
Wednesday, May 19, 2021

Yesterday, the Canadian Nuclear Safety Commission (CNSC), announced that GFP\xe2\x80\x99s application for a Licence to Prepare Site for an SMR project at the Chalk River Laboratories has completed preliminary evaluations, and is now moving on to formal licence review.\n\xe2\x80\x9cThis is a major development towards achieving Canada\xe2\x80\x99s climate change goals,\xe2\x80\x9d commented Fred Dermarkar, President and CEO at AECL.

Key Points: 
  • Yesterday, the Canadian Nuclear Safety Commission (CNSC), announced that GFP\xe2\x80\x99s application for a Licence to Prepare Site for an SMR project at the Chalk River Laboratories has completed preliminary evaluations, and is now moving on to formal licence review.\n\xe2\x80\x9cThis is a major development towards achieving Canada\xe2\x80\x99s climate change goals,\xe2\x80\x9d commented Fred Dermarkar, President and CEO at AECL.
  • \xe2\x80\x9cNuclear energy and SMRs will have to be part of our energy mix if we want to meet our objective of reaching net-zero by 2050.
  • \xe2\x80\x9cThe licensing of a new nuclear reactor must be underpinned by a robust scientific understanding, and sound environmental research.
  • A new performance standard reinforced with a strong safety culture underscores every activity.\nFor more information on the complete range of Canadian Nuclear Laboratories services, please visit www.cnl.ca or contact [email protected] .\n'

NuScale and Prodigy Sign Memorandum of Understanding to Support Business Development for a Marine-Deployed Nuclear Generating Station Powered by the NuScale Small Modular Reactor

Retrieved on: 
Friday, May 14, 2021

b"Today, NuScale Power and Prodigy Clean Energy, a Canadian company that designs and develops marine nuclear plants for safe, affordable and sustainable energy generation, announced a second Memorandum of Understanding (MOU) to support business development opportunities for a marine-deployed nuclear generating station powered by the NuScale Small Modular Reactor (SMR).

Key Points: 
  • b"Today, NuScale Power and Prodigy Clean Energy, a Canadian company that designs and develops marine nuclear plants for safe, affordable and sustainable energy generation, announced a second Memorandum of Understanding (MOU) to support business development opportunities for a marine-deployed nuclear generating station powered by the NuScale Small Modular Reactor (SMR).
  • Prodigy\xe2\x80\x99s SMR Marine Power Station would be shipyard-fabricated, and marine-transported to its deployment location, where it would be moored in place in sheltered and protected waters at the shoreline.
  • This groundbreaking small modular reactor (SMR) design features a fully factory-fabricated NuScale Power Module\xe2\x84\xa2 capable of generating 77 MW of electricity using a safer, smaller, and scalable version of pressurized water reactor technology.
  • Follow us on Twitter: @NuScale_Power , Facebook: NuScale Power, LLC , LinkedIn: NuScale-Power , and Instagram: nuscale_power .

Lightbridge Demonstrates High-Temperature Coextrusion of Surrogate Fuel Rods for Commercial-Scale Small Modular Reactors

Retrieved on: 
Tuesday, May 11, 2021

b"Lightbridge (NASDAQ: LTBR) is an advanced nuclear fuel technology development company positioned to enable carbon-free energy applications that will be essential in preventing climate change.

Key Points: 
  • b"Lightbridge (NASDAQ: LTBR) is an advanced nuclear fuel technology development company positioned to enable carbon-free energy applications that will be essential in preventing climate change.
  • The Company is developing Lightbridge Fuel\xe2\x84\xa2, a proprietary next-generation nuclear fuel technology for Small Modular Reactors, as well as existing large light-water reactors, which significantly enhances reactor safety, economics, and fuel proliferation resistance.
  • To date, Lightbridge has been awarded twice by the U.S. Department of Energy\xe2\x80\x99s Gateway for Accelerated Innovation in Nuclear program to support development of Lightbridge Fuel\xe2\x84\xa2.
  • Lightbridge does not assume any obligation to update or revise any such forward-looking statements, whether as the result of new developments or otherwise, except as required by law.

NuScale Engages Guggenheim Securities to Explore Financing Options

Retrieved on: 
Friday, May 7, 2021

b'NuScale Power, LLC ("NuScale"), today announced that it has retained Guggenheim Securities, LLC, a leading financial advisory and capital markets firm, to explore financing options to accelerate the commercialization of the Company\xe2\x80\x99s groundbreaking small modular reactor (SMR) technology.

Key Points: 
  • b'NuScale Power, LLC ("NuScale"), today announced that it has retained Guggenheim Securities, LLC, a leading financial advisory and capital markets firm, to explore financing options to accelerate the commercialization of the Company\xe2\x80\x99s groundbreaking small modular reactor (SMR) technology.
  • NuScale is majority owned by Fluor Corporation (\xe2\x80\x9cFluor\xe2\x80\x9d) (NYSE: FLR), a global engineering, procurement and construction (EPC) company.\n"We are incredibly excited by the opportunities ahead for NuScale as the leader in the small modular reactor technology market.
  • \xe2\x80\x9cGiven the level of interest from potential customers, investors and partners and growing global demand for clean energy alternatives, we have engaged Guggenheim Securities to evaluate the right options to raise additional capital and accelerate the development of our carbon-free power solution.
  • Follow us on Twitter: @NuScale_Power , Facebook: NuScale Power, LLC , LinkedIn: NuScale-Power , and Instagram: nuscale_power .

Cameco reports first quarter results, Cigar Lake restart and the continued execution of strategy to support global clean-air transition

Retrieved on: 
Friday, May 7, 2021

The slides and a webcast of the conference call will be available from a link at cameco.com.

Key Points: 
  • The slides and a webcast of the conference call will be available from a link at cameco.com.
  • Our competitive position is based on our controlling ownership of the world\xe2\x80\x99s largest high-grade reserves and low-cost operations.
  • Utilities around the world rely on our nuclear fuel products to generate power in safe, reliable, carbon-free nuclear reactors.
  • Our head office is in Saskatoon, Saskatchewan.\nAs used in this news release, the terms we, us, our, the Company and Cameco mean Cameco Corporation and its subsidiaries unless otherwise indicated.\n'

Lightbridge to Participate at the U.S. Nuclear Waste Technical Review Board Virtual Public Meeting on May 12-13, 2021

Retrieved on: 
Wednesday, May 5, 2021

b"RESTON, Va., May 05, 2021 (GLOBE NEWSWIRE) -- Lightbridge Corporation (Nasdaq: LTBR), an advanced nuclear fuel technology company, today announced that Dr. Aaron Totemeier, Vice President, Fuel Cycle Technology and Fuel Fabrication at Lightbridge Corporation, will participate at the U.S. Nuclear Waste Technical Review Board (NWTRB) meeting on May 12-13, 2021.\nDr.

Key Points: 
  • b"RESTON, Va., May 05, 2021 (GLOBE NEWSWIRE) -- Lightbridge Corporation (Nasdaq: LTBR), an advanced nuclear fuel technology company, today announced that Dr. Aaron Totemeier, Vice President, Fuel Cycle Technology and Fuel Fabrication at Lightbridge Corporation, will participate at the U.S. Nuclear Waste Technical Review Board (NWTRB) meeting on May 12-13, 2021.\nDr.
  • The Company is developing Lightbridge Fuel\xe2\x84\xa2, a proprietary next-generation nuclear fuel technology for Small Modular Reactors, as well as existing light-water reactors, which significantly enhances reactor safety, economics, and fuel proliferation resistance.
  • To date, Lightbridge has been awarded twice by the U.S. Department of Energy\xe2\x80\x99s Gateway for Accelerated Innovation in Nuclear program to support development of Lightbridge Fuel\xe2\x84\xa2.
  • The Company has assembled a world-class development team dedicated to achieving full scale commercialization of Lightbridge Fuel\xe2\x84\xa2 as quickly as possible.

Uranium Royalty Corp. Announces C$37 Million Financing Package Comprised of C$25 Million Bought Deal and C$12 Million Margin Loan

Retrieved on: 
Tuesday, May 4, 2021

The Company has granted the Underwriters an option, exercisable at the offering price for a period of 30 days following the closing of the Offering, to purchase up to an additional 15% of the Offering to cover over-allotments, if any.

Key Points: 
  • The Company has granted the Underwriters an option, exercisable at the offering price for a period of 30 days following the closing of the Offering, to purchase up to an additional 15% of the Offering to cover over-allotments, if any.
  • The Company's strategy recognizes the inherent cyclicality of valuations based on uranium prices, including the impact of such cyclicality on the availability of capital within the uranium sector and the current historically low uranium pricing environment.
  • The Company intends to execute on its strategy by leveraging the deep industry knowledge and expertise of its management team and its board to identify and evaluate investment opportunities in the uranium industry.
  • The Company's management and board include individuals with decades of combined experience in the uranium and nuclear energy sectors, including specific expertise in mine finance, project identification and evaluation, mine development and uranium sales and trading.\n"

Dominion Energy Announces Surry Power Station Receives Regulatory Approval to Extend Operations; Helps Virginia Meet its Clean Energy Goals

Retrieved on: 
Tuesday, May 4, 2021

Dominion Energy filed a similar application to renew the licenses of the two North Anna Power Station units in Louisa County, Va., in 2020.

Key Points: 
  • Dominion Energy filed a similar application to renew the licenses of the two North Anna Power Station units in Louisa County, Va., in 2020.
  • Combined, Surry and North Anna produce almost one third of the electricity for the company\'s approximately 2.7 million customers in Virginia and North Carolina.
  • "Carbon free, around the clock nuclear power and the well-paying clean energy jobs it creates is a vital part of achieving that goal.
  • "\n"Extending Surry\'s operations is critical to Dominion Energy meeting the Virginia Clean Economy Act\'s requirements for zero-carbon electricity by 2045.

Perma-Fix Schedules First Quarter 2021 Conference Call

Retrieved on: 
Tuesday, May 4, 2021

b"ATLANTA, May 04, 2021 (GLOBE NEWSWIRE) -- Perma-Fix Environmental Services, Inc. (NASDAQ: PESI), a nuclear services company, today announced it will host a conference call at 11:00 a.m. Eastern Time on Thursday, May 6, 2021.\nA webcast of the call may be accessed at https://www.webcaster4.com/Webcast/Page/2243/41236 or on the Company\xe2\x80\x99s website at www.perma-fix.com .

Key Points: 
  • b"ATLANTA, May 04, 2021 (GLOBE NEWSWIRE) -- Perma-Fix Environmental Services, Inc. (NASDAQ: PESI), a nuclear services company, today announced it will host a conference call at 11:00 a.m. Eastern Time on Thursday, May 6, 2021.\nA webcast of the call may be accessed at https://www.webcaster4.com/Webcast/Page/2243/41236 or on the Company\xe2\x80\x99s website at www.perma-fix.com .
  • The conference call will also be available via telephone by dialing toll free 877-876-9173 for U.S. callers, or +1 785-424-1667 for international callers.
  • The Company\xe2\x80\x99s nuclear services group provides project management, waste management, environmental restoration, decontamination and decommissioning, new build construction, and radiological protection, safety and industrial hygiene capability to our clients.
  • The Company operates four nuclear waste treatment facilities and provides nuclear services at DOE, DOD, and commercial facilities, nationwide.