Utilities Nuclear Energy

  • PUCALLPA, Peru, Aug 10- Peruvian President Martin Vizcarra told Reuters his government will likely pass laws within six months needed to tap a new lithium and uranium deposit, removing a major hurdle for Canadian miner Plateau Energy Metals' proposed $800 million mine. Plateau said last month it had found 2.5 million tonnes of high-grade lithium resources and...

  • SHANGHAI, Aug 10- China's State Council said it would promote the use of China's nuclear industry's independent technological standards worldwide, aiming to play "a leading role" in the global standardisation process by 2027.. Its two major nuclear project developers, China National Nuclear Corporation and the China General Nuclear Project Corporation, are...

  • Uranium mill tailings from the former Atlas mining site sits in a restricted area 3 miles outside the town of Moab, Utah.

    U.S. government incentives and import restrictions created a gold rush in uranium at the dawn of the atomic age. Now, long-suffering miners are asking the Trump administration to salvage the industry using similar policies.

  • Commodities tomorrow:

    CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets.

  • COLUMBIA, S.C.— The Latest on the abandonment of nuclear reactor projects in South Carolina:. A federal judge has refused to end a lawsuit over a temporary rate cut for customers of a private South Carolina utility still paying for two abandoned nuclear reactors. Investors in a South Carolina utility humbled by a multibillion-dollar nuclear construction...

  • COLUMBIA, S.C.— A federal judge refused Thursday to end a lawsuit by a private South Carolina utility that also is seeking to stop a temporary rate cut for customers who continue to pay for an abandoned nuclear reactor project. The utility claims the General Assembly did not follow a 2007 state law that should have allowed SEC& G to increase rates to pay for the two...

  • MOSCOW— Investigators found no apparent signs of torture on the bodies of three Russian journalists who were killed in Central African Republic this week, Russia's Foreign Ministry said Thursday. The journalists were in the country investigating a Russian military contractor and Russia's interests in CAR's gold, diamond and uranium mining industries...

  • Commodities tomorrow:

    CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets.

  • PRAGUE, Aug 1- Czech Prime Minister Andrej Babis wants a decision by the end of 2018 on financing majority state-owned utility CEZ's multi-billion dollar nuclear power expansion. CEZ has refused to invest in new plants without some form of state support and has instead proposed spinning off its renewables and energy services businesses to investors, leaving...

  • PARIS, Aug 1- French utility EDF on Wednesday said that forecasts of high temperatures in the Rhone River could lead to the shutdown from Aug. 3 of four nuclear reactors which depend on its waters for cooling. France, like much of Europe, is experiencing scorching weather in its southern regions, and forecasts show temperatures hitting 40 degrees Celsius in the...

  • OSLO, Aug 1- This year's unusually warm summer in the Nordic region has increased sea water temperatures and forced some nuclear reactors to curb power output or shut down altogether, with more expected to follow suit. Nuclear plants in Sweden and Finland are the region's second largest power source after hydropower dams and have a combined capacity of 11.4...

  • PARIS, Aug 1- French electricity output from nuclear and renewables power sources rose sharply in June, squeezing out the use of coal, oil and gas-fired power generation, while demand fell 2.6 percent during the period, grid operator RTE said on Wednesday. In the wholesale power market, RTE said that despite strong growth compared with May, prices in France and...

  • STOCKHOLM, July 31- Swedish utility Vattenfall said its Ringhals 2 nuclear reactor was running at 49 percent capacity on Tuesday as the sea water used to cool it nears an upper temperature limit. Water from the Baltic Sea is used to cool several nuclear reactors along Sweden's coastline, but temperatures are unusually warm following a prolonged period of hot...

  • LAUNCESTON, Australia, July 31- Two recent deals by the world's two biggest mining companies both looked positive for shareholders, but also underscore the challenges facing major commodity producers. BHP Billiton last week agreed to sell its U.S. shale oil and gas assets for $10.5 billion, while Rio Tinto appears on track to exit its troubled investment in the...

  • Commodities tomorrow:

    CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets.

  • *Cost estimate raised to 10.9 bln euros vs 10.5 bln before. PARIS, July 25- Problems with weldings have forced French utility EDF to delay the start-up date for its troubled Flamanville 3 nuclear reactor to the second quarter of 2020 and pushed its cost estimate up to three times the original budget. The cost estimate is now up by another 400 million euros to 10.9...

  • U.S. President Donald Trump and North Korea's leader Kim Jong Un shake hands during their summit at the Capella Hotel on Sentosa island in Singapore June 12, 2018.

    Satellite images indicate North Korea has begun dismantling key facilities at a site used to develop engines for ballistic missiles, a first step toward fulfilling a pledge made to U.S. President Donald Trump, a Washington-based think tank said.

  • SEOUL, July 20- South Korean imports of liquefied natural gas are set to ease from record levels racked up in the first-half of the year, with appetite for the fuel from utilities seen fading as a raft of nuclear power stations come back online. "demand in the second-half won't be as strong as in the first-half because nuclear run rates will rise," said Yang Ji- hae, an...

  • Uranium is used in the U.S. nuclear arsenal and powers the Navy's nuclear aircraft carriers and submarines, along with 99 U.S. commercial nuclear reactors that produce 20 percent of the electricity consumed in the United States. "The Department of Commerces Bureau of Industry and Security will conduct a thorough, fair, and transparent review to determine...

  • Commerce Secretary Wilbur Ross said on Wednesday that he has launched a new national security investigation into uranium imports that could lead to tariffs or quotas to limit them.