China pushes back on US probe of uranium exports

"It is much easier for us to sell most of our production to Asian partners," CEO Yussupov told the FT.

The project is also being supported Tennessee's Nuclear Energy Fund, which has about $60 million in approved funding.

BMO expects uranium demand to grow by 2.9% yearly through 2035, driven by China’s push to build new reactors and the potential for reactor restarts in North America.

Paladin failed to get the support of at least two-thirds of Fission shareholders by Aug. 26.

The EIS permitting process, including a ministerial decision, is anticipated to conclude in the fourth quarter 2024, the company said.

Rio Tinto, which holds an 80% stake in the company, will subscribe for shares worth A$760 million.

Analysts have found that fund managers are increasingly including oil, gas and mining stocks in portfolios that are registered as ESG.

Canada's rail disruption that Ottawa ordered to binding arbitration has new wheels a day later.

Investors are plowing into miners of the nuclear reactor fuel after Kazatomprom released guidance that fell short of expectations.