Washington: Canadian firm Cameco Corp. signed a C$2.6 billion ($1.9 billion) uranium supply deal with India on Monday during Prime Minister Mark Carney’s first...
Clean Core Thorium Energy was granted an export licence last week to commercialise the fuel based in thorium, of which India has vast reserves. Firm is now looking for regulatory approvals.
India's target is to generate 100 GW of nuclear energy capacity by 2047, and US-based Clean Core Thorium Energy seems to have found a way to reach the goal.
Iran has been enriching uranium to up to 60% purity since April 2021. Three months ago, it started enriching to 60% at a second site, Fordow, which is dug into a mountain.
Uranium’s gains have been spurred by mine shutdowns that have wiped out a third of annual global output when demand from power plants has remained stable.
French newspaper La Tribune earlier last week indicated that UAE withdrew from deal to fund EUR 3.5 billion. India is looking to order 114 new Rafales, which could include the F5.
China patiently invested capital, skill and technology in coal gasification. Unlike it, we won’t move from words to action. As crude prices decline, we lose interest.
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