Iran

World Bank resumes nuclear financing after decades of absence
After several decades without funding nuclear projects, the World Bank has formed a strategic partnership with the IAEA to provide technical and financial support to countries integrating nuclear energy into their energy strategies.
Seoul approves definitive decommissioning of South Korea’s first nuclear reactor
South Korea's Nuclear Safety and Security Commission officially validates the decommissioning of reactor number one at the Kori plant, initiating an unprecedented project for the national industry scheduled to last until 2037.

EnCore Energy raises uranium output and hails Texas nuclear reforms

Uranium producer enCore Energy surpasses three thousand pounds per day at its Alta Mesa ISR complex and sees three new Texas laws as a strong signal for faster nuclear production permits.
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IAEA Confirms Concerns About Iranian Enriched Uranium Stockpile
The International Atomic Energy Agency expresses concerns over Iran’s enriched uranium stockpiles following the abrupt suspension of inspections at key sites disrupted by recent attacks whose consequences remain uncertain.
India: NPCIL extends deadline to September 30 for BSR reactor proposals
NPCIL has announced an extension until September 30 for industrial proposals concerning Bharat Small Reactors (BSR), following increased interest from the Indian private sector.

Brno rejects EDF lawsuit over Czech nuclear contract

A regional court has upheld the award of two new reactors in the Czech Republic to Korea Hydro & Nuclear Power, dismissing Électricité de France’s challenge to the €16bn contract in a decisive step for the national energy programme.
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EDF anticipates immediate reduction in nuclear output amid heatwave
Facing rising temperatures, EDF anticipates cuts in nuclear production starting early July, primarily due to thermal constraints on rivers used for cooling the power plants.
Fortum selects Westinghouse to study an AP1000 reactor in Finland
The preliminary agreement launches planning and site assessment for a tailored AP1000 reactor, following two years of feasibility study, and enlists Westinghouse and Hyundai to support Fortum’s regional nuclear expansion.

United States: Unprecedented firing of nuclear regulator sparks intense controversy

Donald Trump's unprecedented decision to dismiss Christopher Hanson, a member of the NRC, provokes outrage among former federal officials and raises concerns over the regulatory independence of the U.S. nuclear sector.
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Uranium Energy Corp acquires 170 million shares of Anfield Energy Inc.
Uranium Energy Corp strengthens its position in Anfield Energy Inc., now holding approximately 32.4% of the company’s shares following an investment of CAD19.55mn ($14.82mn), significantly expanding its strategic influence in the uranium market.
New York launches major nuclear project to secure its energy supply
New York State plans an advanced nuclear power plant with a 1-gigawatt capacity to meet long-term energy and economic goals, involving significant investment to enhance regional energy independence.

Orano challenges Niger’s decision to nationalize mining company SOMAÏR

Niger announces its intention to nationalize SOMAÏR, a mining company jointly owned with Orano, provoking strong opposition from the French company and paving the way for further international legal tensions.
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Russia and Mali Sign Trade Agreements and Target Nuclear Energy
Russia strengthens its economic presence in Mali with new agreements, notably in nuclear energy and gold refining, consolidating strategic cooperation within a rapidly evolving geopolitical context.
United States releases additional $100 mn to restart Palisades Nuclear Plant
The US government grants a fourth payment of $100.45 mn to Holtec International to restart the Palisades Nuclear Plant, pending regulatory approval, marking an unprecedented event in the United States.

EDF secures £4.5 billion from Apollo to finance Hinkley Point C

EDF announces a major agreement with Apollo to raise up to £4.5 billion via bonds to finance the British nuclear project Hinkley Point C, whose costs continue to rise significantly.
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France: Anne-Isabelle Étienvre Proposed by Élysée to Head the CEA
The Élysée proposes Anne-Isabelle Étienvre, current Director of Fundamental Research at the CEA, as General Administrator to replace François Jacq, recently appointed President of CNES.
Greece Considers Modular Reactors to Decarbonize its Maritime Industry
Greek Prime Minister Kyriakos Mitsotakis has announced his country's interest in small modular nuclear reactors to meet national energy challenges and decarbonize the maritime sector within the next fifteen years.

TerraPower raises $650 million with NVIDIA for modular reactors

TerraPower, an American nuclear company, secures $650 million funding from investors, including NVIDIA, to develop its Natrium modular reactors in the United States and internationally.
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EDF and the French State Agree on €70 Billion Plan for EPR2
EDF and the French state finalize a €70 billion financing plan for six EPR2 nuclear reactors, including a specific territorial coordination framework in Gravelines led by Michel Marbaix, awaiting European approval by 2026.
Newcleo and Nextchem launch joint venture focused on modular nuclear reactors
Maire S.p.A and Newcleo form strategic partnership to industrialise the development of 200 MW modular nuclear power plants, via a joint venture majority-owned by Nextchem.
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Woodside completes sale of 40% stake in Louisiana LNG project to Stonepeak
Trianel deploys 900 MW battery to bolster German grid flexibility
BrightNight launches 300 MW solar plant in Arizona with Cordelio Power
UK refuses to finance subsea electrical link with Morocco
Pedro Azagra takes helm at Iberdrola, Avangrid renews its leadership team
NANO Nuclear strengthens its board with former U.S. Department of Energy official
NANO Nuclear Energy has appointed Intel executive and former U.S. Department of Energy leader Seth Berl as an independent director to support its strategy in advanced nuclear technologies.
France: the Cour des comptes urges action on the management of 280,000 m³ of nuclear waste
The Cour des comptes is calling on the French government to speed up efforts to locate storage sites for over 280,000 m³ of long-lived radioactive waste, which currently lacks an operational solution.

France: Nuclear revival rejected after amendment error

The French National Assembly’s Economic Affairs Committee mistakenly rejects a crucial article on France's nuclear strategy, causing significant parliamentary confusion and casting doubt on the country’s energy targets.
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Czech court approves $18 billion nuclear contract with KHNP
Czech court authorizes major $18 billion nuclear project, allowing Korea Hydro & Nuclear Power to proceed with the construction of a controversial power plant despite legal challenges.
Ansaldo Energia signs strategic nuclear agreement with Uzbekistan
Italy’s Ansaldo Energia signed a memorandum of understanding with Uzbekistan’s Uzatom agency to cooperate on advanced nuclear technologies, with a focus on small modular reactors.

NuScale receives US approval for 77 MWe modular reactor design

The US Nuclear Regulatory Commission has approved the uprated version of NuScale’s small modular reactor, paving the way for commercial deployment of compact nuclear projects in the United States.
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South Korea begins site evaluation for Uganda’s first nuclear reactor
Korea Hydro & Nuclear Power signed a 26-month contract to assess a site in Uganda’s Buyende region for its first nuclear reactor, in compliance with International Atomic Energy Agency standards.
EDF blocks Czech nuclear contract with KHNP on legal grounds
EDF is challenging the legality of the nuclear contract awarded to KHNP, citing potential South Korean state support in violation of EU rules, leading to a temporary suspension of the Dukovany II project.

enCore Energy receives licence for Texas uranium project and begins construction

Canadian company enCore Energy has received regulatory approval to extend its radioactive materials licence to the Upper Spring Creek project, initiating the construction of new ISR facilities near its Rosita site.
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Iran targeted by resolution plan after secret nuclear activities revealed
The International Atomic Energy Agency revealed that Iran conducted undeclared nuclear activities at three sites, which could lead to a non-compliance resolution by mid-June.
EDF invests in a nuclear plant at Cordemais after coal phase-out
EDF plans a new nuclear pipework factory at Cordemais by 2028, confirming the end of coal-fired power in France and the site's industrial conversion.

Uranium Royalty acquires royalty on uranium project in Nunavut

Uranium Royalty Corp. invests CAD1mn ($730,000) in a 2% royalty on Forum Energy Metals’ Aberdeen project, located near one of the world’s largest undeveloped uranium deposits.
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NexGen Announces Record Uranium Discovery at Patterson Corridor East
NexGen Energy unveils exceptional assay results at the Patterson Corridor East site, with uranium intercepts among the highest concentrations globally, highlighting the growing economic relevance of this strategic area for the nuclear industry.
Nano Nuclear raises $105mn in private placement to strengthen cash position
Nano Nuclear Energy announced a $105mn fundraising from institutional investors, bringing its total cash position above $200mn to accelerate its small-scale nuclear reactor projects.

South Korea Strongly Challenges Czech Nuclear Contract Suspension with KHNP

The suspension of the nuclear contract between KHNP and the Czech Republic has triggered intense reactions in South Korea, where the company and authorities express dissatisfaction with European legal and regulatory obstacles.
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Indonesia Bets on 10 GW Nuclear to Transform its Energy Mix
Facing growing energy demands, Indonesia has announced an ambitious nuclear program targeting 10 GW capacity by 2040, attracting interest from global industry giants to support this strategic shift towards a low-carbon economy.
Washington approves launch of uranium and vanadium mine in Utah
The U.S. Department of the Interior has approved the Velvet-Wood site, the first mining project to benefit from an expedited environmental procedure aimed at strengthening national mineral security.

Argentina targets nuclear revival with Ivana uranium mine in three years

Blue Sky Uranium’s Ivana mining project in Argentina could begin production within three years, backed by an initial $35mn investment and an annual output capacity of 1.5 million pounds of uranium.
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European Nuclear: Germany Opens Up to France’s Energy Choices
The German government expresses openness toward French nuclear energy, promising a technologically neutral approach despite internal divisions over recognizing nuclear as a sustainable energy within the European Union.
Trump Signs Four Major Executive Orders to Quadruple U.S. Nuclear Production
Donald Trump announces four executive orders to quadruple U.S. nuclear energy production within 25 years, radically accelerate regulatory approvals, secure enriched uranium supplies, and address the surging energy demands linked to artificial intelligence.

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