US offers Constellation up to $5B nuclear loan
Constellation Energy (Nasdaq: CEG) received a conditional U.S. government loan commitment of up to $5 billion (C$7 billion) to boost output at existing nuclear plants….
nuclear energy
Cameco’s Westinghouse nuclear unit files for IPO
Cameco’s (TSX: CCO; NYSE: CCJ) Westinghouse Electric joint venture filed for a U.S. initial public offering at a yet-to-be-determined date to tap growing investor interest in…
US shortlists five states for nuclear sites
The United States Department of Energy (DOE) has selected five potential host states for what it calls “Nuclear Lifecycle Innovation Campuses” in an effort to…
Laramide sees $741M value for uranium mine
An updated study for Laramide Resources’ (TSX, ASX: LAM; US-OTC: LMRXF) proposed Westmoreland uranium mine in Australia values the project at about $741 million (C$1.04…
US government launches $17.5B loan program to accelerate nuclear buildout
In a boost to Cameco‘s (TSX: CCO; NYSE: CCJ) Westinghouse joint venture, the United States Department of Energy (DOE) said it’s planning to provide $17.5…
Canada risks losing critical minerals infrastructure race, PwC warns
Canada risks losing its competitive edge in critical minerals, energy and other strategic sectors unless it accelerates infrastructure investment and project approvals, according to a…
Will Iran war fuel nuclear reactor construction?
The war in Iran could usher in a wave of nuclear reactor construction similar to the one that followed the 1970s energy crisis, Cameco (TSX:…
Cameco signs $2.6B uranium supply deal with India
Cameco (TSX: CCO; NYSE: CCJ) signed an estimated $2.6 billion (US$1.9 billion) agreement to supply uranium ore concentrate to India for use in the country’s…
Kazatomprom signs uranium supply deal with India
Kazatomprom (LSE: KAP), the world’s top producer of uranium, plans to sell a significant portion of its output to India, a move that could further…
US awards $2.7B in uranium enrichment orders
The United States Department of Energy awarded contracts worth $2.7 billion (C$3.7 billion) to three companies in a bid to boost domestic uranium enrichment capacity…
Nuclear to get lion’s share of U.S. loans: official
Nuclear power will receive most of the money from the U.S. Energy Department’s loan office as part of a government push to ensure new reactors…
Sprott to buy $200M of uranium for special fund
Asset manager Sprott (TSX, NYSE: SII) said it plans to buy about US$200.1 million ($270 million) worth of physical uranium for its dedicated fund after…