Buying nuclear fuel is back in fashion

ON DECEMBER 3RD McIntyre Partnerships, a hedge fund in New York that normally buys equity and debt securities, told investors it was buying a commodity: uranium. This “slight anomaly” was justified by the metal’s impressive recovery, said its founder, Chris McIntyre. Uranium’s spot price has jumped by 41% since April, to near a two-year high […]

Rocket Report: Russia’s nuclear rocket, airspace wars, BFR changes explained

Enlarge (credit: Rocket Lab) Welcome to Edition 1.27 of the Rocket Report! After a week off for Thanksgiving break, we’re chock full of news about rockets and engines from around the world—some of which seem fanciful, and some of which are real developments. As always, we welcome reader submissions, and if you don’t want to […]

France to retire 14 nuclear reactors while Japan restarts 5 of its reactors

Enlarge / Smoke rises from the cooling towers of the nuclear plant of Dampierre-en-Burly near Orleans, central France, on October 23, 2018. (credit: GUILLAUME SOUVANT/AFP/Getty Images) In a speech this week, French President Emmanuel Macron talked about the country’s future plans for nuclear power, saying France would retire 14 nuclear reactors but on a slower […]

Owner of failed nuclear plant might use golden parachute fund in settlement

Enlarge / V C Summer Nuclear Station Unit 1. (credit: DJSlawSlaw / Wikimedia Commons) Today, South Carolina energy company SCANA and its potential purchaser Dominion Energy reached a settlement with class-action litigants to offer a significant energy bill rate cut in exchange for the litigants dropping a lawsuit over $ 2 billion in energy bill […]

California wildfire rips through nuclear waste site, fueling airborne toxin risk concerns

The Woolsey fire that engulfed over 90,000 acres in California last weekend may have spread toxic and radioactive substances from a Superfund site, according to activists who believe authorities might be downplaying the risks. The fire passed through the Santa Susana Field Lab (SSFL), a federal Superfund site in the Simi Hills that was the […]

Trump ‘confirms’ he’s pulling US out of nuclear deal with Russia

Published time: 20 Oct, 2018 20:34 Edited time: 20 Oct, 2018 20:45 The US will pull out of the Intermediate-Range Nuclear Forces Treaty (INF) with Russia, AP has quoted President Donald Trump. He cited Russia’s alleged treaty violations, while at the same time vowing to “develop the weapons.” Let’s block ads! (Why?)

Former US nuclear command officer charged with diverting military contracts to her own company

US Navy Captain Heather Cole has been charged with criminal conspiracy after failing to disclose her active-duty military status while negotiating over half a million dollars in defense contracts with her own company. Cole pleaded not guilty before court martial and is set to go to trial in December on charges of criminal conspiracy linked […]

After a nuclear holocaust, we’ll go to heaven as martyrs; those who nuked us will go to hell – Putin

If any nation decides to attack Russia with nuclear weapons, it may end life on Earth; but unlike the aggressors, the Russians are sure to go to heaven, President Vladimir Putin has said. “Any aggressor should know that retribution will be inevitable and he will be destroyed. And since we will be the victims of […]