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☆ Uranium prices could rally past 16-year highs as the world's largest producer runs short
  + stars: | 2024-01-25 | by ( Lee Ying Shan | ) www.cnbc.com   time to read: +3 min
And that's about to send uranium prices, already at 16-year highs, on another rally. Sulfuric acid is critical in the extraction process as it is used to leach and recover uranium from raw ore. Kazatomprom is the world's leading uranium miner, accounting for over one-fifth of the world's production. Kazakhstan also produces 43% of the world's uranium supply, the largest slice of the global market for the heavy metal. Around 60 nuclear power reactors are under construction in 17 countries and another 110 are in the planning stages. Citibank expects uranium prices to average $110 per pound in 2025.
Persons: Guy Keller, Uranium, Jefferies, Janos Kummer Organizations: Corbis, Tribeca, Citibank, Getty Locations: India, Pallava, Kazakh, Kazakhstan, Canada, France, Niger, Tribeca, Asia, China, Slovakia
☆ Travel news: Amsterdam will increase its tourist tax in 2024
  + stars: | 2023-10-14 | by ( Lilit Marcus | ) edition.cnn.com   time to read: +6 min
CNN —This week in travel news: An ancient Italian site, a hefty European tourist tax and a bunch of bears in Alaska all got bigger. Norbert Eisele-Hein/imageBROKER/Shutterstock An Indian icon: The Hawa Mahal is part of the larger City Palace complex in the middle of Jaipur. According to Indian authorities in charge of the monument, roughly 1 million people visit Hawa Mahal each year. To experience its cooling effects firsthand, head inside Jaipur's City Palace -- it's located on the edge of the palace grounds. Vishal Bhatnagar/NurPhoto/Getty Images India's stunning Hawa Mahal Prev NextThe Hawa Mahal isn’t just one of India’s most beautiful buildings – it was also way ahead of its time in terms of sustainability.
Persons: It’s, Grazer, F, Jimenez, Alaska’s, Grazer “, She’ll, Jeffrey Pfefferle, Leon McNaught, Pfefferle, they’ve, “, ”, Norbert Eisele, Hein, imageBROKER, Hawa, Vishal Bhatnagar, Elena Odareeva, what's, Sanjay Sharma, Kavita Jain, Lola Fdez, Jain, Mickey Mousing, – Organizations: CNN, Amsterdam, Bear, &, Grazer, CNN Travel, UNESCO, Heritage, Adobe, KS, IKEA Locations: Alaska, overtourism Amsterdam, Europe, ”, Amsterdam, Italy, American, Sicilian, Mussomeli, Zhangzhou, Xiamen, Fuzhou, Fujian province, Indian, Jaipur, Jaipur's, Nogales, Kenya, Swedish
☆ India's moon lander and rover are about to wake up from a nearly month-long nap as the sun rises on the moon again
  + stars: | 2023-09-20 | by ( Sonam Sheth | ) www.businessinsider.com   time to read: +3 min
India's moon rover and lander are set to wake up after a nearly month-long nap. For example, the moon rover confirmed the presence of sulphur in the lunar south pole region. India is the fourth country — after the US, Russia, and China — to land on the moon, and the first to ever land near the lunar south pole. AdvertisementAdvertisementThe lunar south pole region is of particular interest because it contains water ice. India's lunar lander and rover are the first to study the south pole region up-close and sample it directly.
Persons: they'd, ISRO's Vikram, Al Jazeera, Srikanth Organizations: Service, Indian Space Research Organization, ISRO, NASA Locations: Wall, Silicon, India, Russia, China
☆ How India landed on the moon and flew to Mars at a fraction of the cost of NASA and Russia missions
  + stars: | 2023-08-24 | by ( Morgan Mcfall-Johnsen | Maiya Focht | ) www.businessinsider.com   time to read: +6 min
India has become the first nation to land a robotic mission to the crucial south pole of the Moon. AdvertisementAdvertisementSmall spacecraft, small costsIndian spacecraft Chandrayaan-3, the word for "moon craft" in Sanskrit, travels after it was launched from the Satish Dhawan Space Centre in Sriharikota, India. Aijaz Rahi/AP PhotoIndia's main strategy for being frugal on the moon seems to be that it kept the spacecraft small. NASA/JSCThis wasn't India's first attempt to land on the moon's south pole. It aimed to make a soft landing on the south pole of the moon, where nobody had succeeded yet.
Persons: NASA's, Elon Musk, Aijaz, That's, Satish, Robert Braun, Andrew Coates, Anatoly Zak, They've, Braun, Russia's Luna Organizations: Service, Hollywood, ISRO, SpaceX, Twitter, Indian Space Research Organization, New York Times, NASA, Space, Chandrayaan, Space Exploration, Johns Hopkins Applied Physics Laboratory, MAVEN, BBC, Planetary Society, JSC Locations: Wall, Silicon, India, Bengaluru, Sriharikota, Soviet Union
☆ Why Silicon Valley is so hot on nuclear energy and what it means for the industry
  + stars: | 2022-12-02 | by ( Catherine Clifford | In Catclifford | ) www.cnbc.com   time to read: +13 min
Pallava Bagla | Corbis News | Getty ImagesVenture capitalists in Silicon Valley and other tech hubs are investing money in nuclear energy for the first time in history. This surge of private investment will be a positive for the industry, agrees John Parsons, an economist and lecturer at MIT. Nuclear energy is "a very complex science, and it's been supported by the federal government and at these national labs. In the 1960s and 1970s, large conglomerates constructed big nuclear power plants, and those projects often ran over budget. New generations of nuclear reactors will have different sizes, different coolants and different fuels, explained Matt Crozat, senior director of policy development at the Nuclear Energy Institute.
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