Thorium

Thorium-HALEU based ANEEL™ fuel completes Pre-Licensing Milestone with Canadian Nuclear Safety Commission

Retrieved on: 
Tuesday, April 9, 2024

CHICAGO, April 09, 2024 (GLOBE NEWSWIRE) -- Clean Core Thorium Energy (Clean Core) announced successful completion of the Phase 1 pre-licensing Vendor Design Review (VDR) process with Canadian Nuclear Safety Commission (CNSC), the regulatory authority for Canada Deuterium Uranium (CANDU) reactors. Clean Core has been actively engaged with Canada’s nuclear industry with their patented fuel technology, the ANEEL™ fuel. In the completion of this Phase and the associated assessment report, no issues were identified by the CNSC that could present a fundamental barrier to the licensing of the ANEEL™ fuel in Canada.

Key Points: 
  • Clean Core has been actively engaged with Canada’s nuclear industry with their patented fuel technology, the ANEEL™ fuel.
  • The ANEEL™ fuel is made of thorium and high-assay low-enriched uranium (HALEU), developed for use in pressurized heavy water reactors (PHWRs) and Canada deuterium uranium (CANDU) reactors.
  • Clean Core has been engaged with CNSC since 2022, including submissions across 9 focus areas in the review, building a licensing basis and safety case for the ANEEL™ fuel.
  • This is a critical step forward for our ANEEL™ fuel technology and in advancing nuclear power generation across Canada and globally,” says Mehul Shah, CEO and Founder of Clean Core.

ANEEL™ Fuel Irradiation Begins in the Advanced Test Reactor at Idaho National Lab

Retrieved on: 
Monday, April 1, 2024

CHICAGO, April 01, 2024 (GLOBE NEWSWIRE) -- Clean Core Thorium Energy (Clean Core) announced today that the accelerated irradiation testing and qualification of their patented ANEEL™ Fuel is set to begin in the Advanced Test Reactor (ATR) at the Idaho National Laboratory (INL). The fuel, made of thorium and high-assay low-enriched uranium (HALEU), was developed by Clean Core for use in pressurized heavy water reactors (PHWRs) and Canada deuterium uranium (CANDU) reactors. Its insertion into one of the US government’s premier material testing facilities represents a key milestone in the company’s multi-year, multimillion-dollar joint effort with the US Department of Energy (DOE) to design, fabricate, and assemble the irradiation experiment.

Key Points: 
  • CHICAGO, April 01, 2024 (GLOBE NEWSWIRE) -- Clean Core Thorium Energy (Clean Core) announced today that the accelerated irradiation testing and qualification of their patented ANEEL™ Fuel is set to begin in the Advanced Test Reactor (ATR) at the Idaho National Laboratory (INL).
  • In 2022, Clean Core signed a Strategic Partnership Project Agreement with INL to design and execute an irradiation experiment in ATR to demonstrate and assess the performance of Clean Core’s innovative Advanced Nuclear Energy for Enriched Life (ANEEL™) fuel.
  • Upon receipt, INL developed the irradiation test plan, performed pre-irradiation characterization of the fuel pellets, designed and fabricated the experiment hardware and test trains, assembled the test trains, and finally inserted the experiment into the ATR.
  • “Clean Core is focused on the efficient development and deployment of the ANEEL fuel in heavy water reactors, without any modifications to the fuel bundle geometry or the reactor.

Tiny crystals capture millions of years of mountain range history – a geologist excavates the Himalayas with a microscope

Retrieved on: 
Tuesday, April 9, 2024

You might think understanding big mountain ranges requires big measurements – perhaps satellite imaging over tens or hundreds of thousands of square miles.

Key Points: 
  • You might think understanding big mountain ranges requires big measurements – perhaps satellite imaging over tens or hundreds of thousands of square miles.
  • Although scientists certainly use satellite data, many of us, including me, study the biggest of mountain ranges by relying on the smallest of measurements in tiny minerals that grew as the mountain range formed.
  • By linking the chemistry of different zones within a mineral to events in the history of a mountain range, researchers can infer how the mountain range was assembled and how quickly.
  • By studying rocks in other locations, we can chart the movement of these thrusts and better understand the origins of the Himalayas.

American Rare Earths’ Scoping Study confirms low-cost, scalable world-class REE project

Retrieved on: 
Monday, March 18, 2024

We note these prices are not sustainable given current prices are at the cash costs of China Northern Rare Earths.

Key Points: 
  • We note these prices are not sustainable given current prices are at the cash costs of China Northern Rare Earths.
  • The inferred Mineral Resource is not the determining factor in determining the viability of the Halleck Creek Rare Earths project.
  • American Rare Earths (ASX: ARR | OTCQX: ARRNF and AMRRY) owns the Halleck Creek, WY and La Paz, AZ rare earth deposits.
  • The Company’s flagship project at Halleck Creek, WY, has the potential to become the largest and most sustainable rare earth projects in North America.

Actinium Pharmaceuticals Launches Actinium-225 Focused Strategic Initiative to Leverage Proprietary Cyclotron Based Manufacturing Technology to Address Growing Market Demand

Retrieved on: 
Monday, March 11, 2024

Actinium's intellectual property portfolio relating to its cyclotron-based production method includes 5 issued U.S. patents and 49 issued international patents as well as significant technical know-how.

Key Points: 
  • Actinium's intellectual property portfolio relating to its cyclotron-based production method includes 5 issued U.S. patents and 49 issued international patents as well as significant technical know-how.
  • The DOE has stated that it is exploring the generation of new thorium cows and production via a cyclotron.
  • Based on our experience to date, we expect to be able to produce material with high radiochemical purity and at yields not possible with thorium-cow based methods.
  • This has the potential to further establish Actinium as a leader in alpha-particle therapies and remain at the forefront of innovation while addressing a significant and rapidly growing addressable patient population."

Collective Metals finds High Priority Targets at the Lamont Ridge-Findlay Target on its Princeton Property

Retrieved on: 
Tuesday, February 13, 2024

VANCOUVER, British Columbia, Feb. 13, 2024 (GLOBE NEWSWIRE) -- COLLECTIVE METALS INC. (CSE: COMT | OTC: CLLMF | FSE: TO1) (the “Company” or “Collective”) is pleased to provide a review of the Lamont Ridge target area in its flagship Princeton Project (the “Project” or the “Property”), in south-central B.C. The Property hosts several alkalic Cu-Au porphyry targets associated with Triassic diorite intrusions analogous to those associated with the currently producing Copper Mountain Mine, located approximately 10 km east of the Project. While the Trojan-Condor Corridor remains the highest priority target area, results from Phase II of the Company’s two-phase soil geochemical survey (the “Program”), completed in 2023, confirmed four (4) promising prospects (see News Release dated January 8, 2024) with favourable geology, geophysical signatures, and/or historic geochemistry.

Key Points: 
  • We have demonstrated that the Princeton Property has multiple viable target areas in addition to the drill-ready Trojan-Condor Corridor.
  • Lamont Ridge to Findlay Target Corridor with Aeromagnetic anomalies, propylitic and inferred potassic alteration, diorite intrusions, and 2023 soil geochemical results for copper.
  • The Company notes Kodiak Copper has successfully used 3D IP to generate drill targets at their MPD Property 20 km northeast of the Property.
  • Ballantyne, T., Geophysical Modelling & Interpretation of Airborne and Ground Geophysics West Princeton Project, BC on behalf of Collective Metals Inc. by in3D Geoscience Inc.

Skyharbour Announces Additional Uranium Property Acquisitions in the Athabasca Basin, Saskatchewan, as well as Marketing Contracts

Retrieved on: 
Thursday, January 18, 2024

Skyharbour recently acquired these claims through online staking as well as acquiring additional claims from Eagle Plains.

Key Points: 
  • Skyharbour recently acquired these claims through online staking as well as acquiring additional claims from Eagle Plains.
  • Eagle Point, Rabbit Lake, Key Lake and others), as well as for additional pegmatite-hosted uranium, thorium, and REE mineralization.
  • Skyharbour recently acquired other uranium properties consisting of 7 claims totaling 23,822 hectares in and around the Athabasca Basin.
  • Skyharbour announces that it has engaged Winning Media LLC (“Winning Media”) to provide marketing and digital advertising services to the Company.

Transmutex SA, a Geneva-based company, raises over CHF 20 million in an extension of its Series A to further develop and commercialize its subcritical nuclear energy system

Retrieved on: 
Monday, January 29, 2024

GENEVA, Jan. 29, 2024 /PRNewswire/ -- Transmutex SA, a nuclear engineering company based in Geneva, Switzerland, announces a new round of financing to further develop its solution for a safer, lower-cost, proliferation-resistant nuclear energy technology. The Series A2 round is co-led by Union Square Ventures and Steel Atlas.

Key Points: 
  • GENEVA, Jan. 29, 2024 /PRNewswire/ -- Transmutex SA , a nuclear engineering company based in Geneva, Switzerland, announces a new round of financing to further develop its solution for a safer, lower-cost, proliferation-resistant nuclear energy technology.
  • The Series A2 round is co-led by Union Square Ventures and Steel Atlas .
  • Founded on 29 July 2019, Transmutex is reinventing nuclear energy with the design of a safer, non-self-sustaining reaction technology that will usher in a new era of lower-cost and proliferation-resistant, carbon-free baseload energy.
  • This was further emphasized during COP28, where 22 countries vowed to triple their production of nuclear power ( link ).

Transmutex SA, a Geneva-based company, raises over CHF 20 million in an extension of its Series A to further develop and commercialize its subcritical nuclear energy system

Retrieved on: 
Monday, January 29, 2024

GENEVA, Jan. 29, 2024 /PRNewswire/ -- Transmutex SA, a nuclear engineering company based in Geneva, Switzerland, announces a new round of financing to further develop its solution for a safer, lower-cost, proliferation-resistant nuclear energy technology. The Series A2 round is co-led by Union Square Ventures and Steel Atlas.

Key Points: 
  • GENEVA, Jan. 29, 2024 /PRNewswire/ -- Transmutex SA , a nuclear engineering company based in Geneva, Switzerland, announces a new round of financing to further develop its solution for a safer, lower-cost, proliferation-resistant nuclear energy technology.
  • The Series A2 round is co-led by Union Square Ventures and Steel Atlas .
  • Founded on 29 July 2019, Transmutex is reinventing nuclear energy with the design of a safer, non-self-sustaining reaction technology that will usher in a new era of lower-cost and proliferation-resistant, carbon-free baseload energy.
  • This was further emphasized during COP28, where 22 countries vowed to triple their production of nuclear power ( link ).

Support for Nuclear Energy Stronger Than Ever in the U.S. and Growing Around the World

Retrieved on: 
Thursday, November 30, 2023

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20231130874272/en/
    Americans' concerns about nuclear energy have dropped in the face of the energy crisis and climate change.
  • Support for nuclear research and development has risen, with 73 percent of the population now wanting more focus on developing nuclear energy technologies such as MSRs.
  • For the first time in six years, ecoAmerica polled respondents in Ontario, Canada, where 58% of electricity production comes from nuclear energy, and Japan, which plans to maximize nuclear energy generation.
  • “Populations and leaders are turning toward nuclear energy because it has an excellent track record and can provide dispatchability.