UPI reports U.S. energy secretary in Washington says US should take its position as a global leader in nuclear energy again.
U.S. Energy Secretary Steven Chu announced that Pittsburgh’s Westinghouse Electric Co. and San Diego’s General Atomics were selected for a $40 million effort to design and plan work for the next generation of U.S. nuclear power plants.
For [...]
The Australian reports James Hansen, a high-profile climate scientist suggests the urgency of undertaking the next generation nuclear power.
“We should undertake urgent focused research and development programs in next generation nuclear power,” said atmospheric physicist James Hansen, head of NASA’s Goddard Institute for Space Studies and adjunct professor at Columbia University’s Earth Institute in New [...]
Uranium-stocks.net reports on an interview with National Public Radio on Hyperion Power.
Hyperion Power Generation’s CEO, John R. Grizz Deal will be a featured guest interviewed on tomorrow’s (March 5) Science Friday show on NPR: National Public Radio. Deal will be joined on the program by Dr. Richard Lester from MIT who is the founding Director [...]
Molybdenum demand from steelmakers is set to decrease in the fourth quarter, due to imminent production cut backs by domestic steelmakers following sliding steel product prices over the past few months. In such a scenario, wither moly?
Moly would be a metal to watch in the coming years. With gold near an all-time high, it would [...]
Uranium Investing News & U308.biz report India and China agggressively planning their nuclear power generation goals for the future.
At present, China has 11 operating reactors, 16 in the works and 35 others planned over the next decade. The Asian nation is seeking to expand its nuclear capacity from the current 9 GW to 86 GW by [...]
U308.biz & Uranium Investing News report USEC news on loan denial has impacted the uranium market.
The global uranium giant operates the country’s sole uranium enrichment facility and supplies over half of the United States market and over a quarter of the world market.
USEC adamantly disagrees with the DOE’s assertion that the plant is not technologically [...]
Coal Investing News reports coal stocks in the US have been doing well.
Shares in Indonesia’s biggest coal producer, PT Bumi Resources Tbk (BUMI.JK), jumped by as much as 8.4 per cent on Monday on news that China had placed orders to buy 8 million tonnes of coal from it in 2009. “Eight million tonnes is [...]
By Dave Brown – Exclusive to ResourceInvestingNews.com
Lowered expectations and prolonged uncertainty were seen as the key drivers, leading to market volatility late in the week for equity investors. Mixed economic data being released during the period included: readings of new-home sales, consumer sentiment and durable-goods orders, however these positive stories were buoyed by a lack [...]
Thursday, March 11, 2010
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