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The US Maritime Administration (MARAD) has teamed up with CORE POWER in an agreement to accelerate a US-flagged fleet of nuclear-powered merchant ships. The memorandum of cooperation brings MARAD and the UK-founded nuclear technology company together to work through obstacles that have kept nuclear propulsion confined to naval vessels. CORE POWER is targeting first construction …
Bloomberg's continuous front-month uranium futures contract (UXA1 Comdty) briefly surged above $100 a pound in late January, driven by tightening supplies, renewed government support for nuclear power, and rising electricity demand from the AI infrastructure boom. Uranium futures then retreated and remained range-bound between $84 and $87 for five months. But momentum has returned in August, with prices approaching $89 a pound, the highest level since early February. The ongoing theme is that years of underinvestment have limited mine supply growth…
Can nuclear power curb shipping's huge carbon footprint? DW.com
