STOCK TITAN

Atomic Minerals Corporation Applauds U.S. Energy Secretary's Call for Expansion of Nuclear Power and Celebrates $35 Billion Georgia Nuclear Reactor Milestone

Rhea-AI Impact
(No impact)
Rhea-AI Sentiment
(Neutral)
Tags

Atomic Minerals (TSXV: ATOM) commends U.S. Energy Secretary Jennifer M. Granholm's advocacy for nuclear power expansion and celebrates the $35 billion Georgia nuclear reactor milestone. The company supports Granholm's vision for 98 additional reactors and is advancing uranium projects in the U.S. and Northern Saskatchewan to ensure a reliable domestic supply.

Plant Vogtle's second new reactor, Unit 4, is now operational, joining Unit 3 to provide carbon-free electricity to about 1 million homes and businesses. Secretary Granholm emphasized the need for 98 more reactors to meet energy needs and reduce emissions. The DOE is supporting the clean energy transition through initiatives like the $6 billion Civil Nuclear Credit Program.

Atomic Minerals is committed to exploring and developing uranium and critical minerals for next-generation nuclear reactors, playing a key role in the shift towards cleaner energy solutions.

Atomic Minerals (TSXV: ATOM) elogia l'impegno del Segretario all'Energia degli Stati Uniti, Jennifer M. Granholm, per l'espansione dell'energia nucleare e celebra il traguardo del reattore nucleare della Georgia del valore di 35 miliardi di dollari. L'azienda sostiene la visione di Granholm per 98 reattori aggiuntivi e sta portando avanti progetti di uranio negli Stati Uniti e nel Saskatchewan settentrionale per garantire un approvvigionamento domestico affidabile.

Il secondo nuovo reattore di Plant Vogtle, l'Unità 4, è ora operativa, unendosi all'Unità 3 per fornire elettricità senza carbonio a circa 1 milione di abitazioni e imprese. Il Segretario Granholm ha sottolineato la necessità di altri 98 reattori per soddisfare i bisogni energetici e ridurre le emissioni. Il DOE sta sostenendo la transizione verso l'energia pulita attraverso iniziative come il Programma di Credito Nucleare Civile da 6 miliardi di dollari.

Atomic Minerals è impegnata nell'esplorazione e nello sviluppo di uranio e minerali critici per i reattori nucleari di nuova generazione, giocando un ruolo chiave nel passaggio verso soluzioni energetiche più pulite.

Atomic Minerals (TSXV: ATOM) aplaude la defensa de la expansión de la energía nuclear por parte de la Secretaria de Energía de EE. UU., Jennifer M. Granholm, y celebra el hito del reactor nuclear de Georgia de 35 mil millones de dólares. La compañía apoya la visión de Granholm de 98 reactores adicionales y avanza proyectos de uranio en EE. UU. y en Saskatchewan del Norte para garantizar un suministro doméstico confiable.

El segundo nuevo reactor de Plant Vogtle, la Unidad 4, ya está operativo, uniéndose a la Unidad 3 para proporcionar electricidad libre de carbono a aproximadamente 1 millón de hogares y negocios. La Secretaria Granholm enfatizó la necesidad de 98 reactores más para satisfacer las necesidades energéticas y reducir las emisiones. El DOE apoya la transición a la energía limpia a través de iniciativas como el Programa de Crédito Nuclear Civil de 6 mil millones de dólares.

Atomic Minerals está comprometida con la exploración y el desarrollo de uranio y minerales críticos para reactores nucleares de próxima generación, desempeñando un papel clave en el cambio hacia soluciones energéticas más limpias.

Atomic Minerals (TSXV: ATOM)는 미국 에너지 장관 제니퍼 M. 그래넘(Jennifer M. Granholm)의 원자력 발전 확장 옹호를 격려하며, 350억 달러 규모의 조지아 원자력 발전소 이정표를 축하합니다. 이 회사는 그래넘 장관의 98개 추가 원자로에 대한 비전을 지지하며, 미국 및 북부 사스카체완에서 우라늄 프로젝트를 추진하여 신뢰할 수 있는 국내 공급을 보장하고 있습니다.

Plant Vogtle의 두 번째 새로운 원자로인 4호기가 현재 가동 중이며, 3호기와 함께 약 100만 가구와 기업에 탄소 없는 전기를 제공합니다. 그래넘 장관은 에너지 수요를 충족하고 배출량을 줄이기 위해 98개의 추가 원자로가 필요하다고 강조했습니다. DOE는 60억 달러 규모의 민간 원자력 신용 프로그램과 같은 이니셔티브를 통해 청정 에너지 전환을 지원하고 있습니다.

Atomic Minerals는 차세대 원자력 발전소를 위해 우라늄 및 핵심 광물 탐사 및 개발에 전념하며, 더 깨끗한 에너지 솔루션으로의 전환에서 중요한 역할을 하고 있습니다.

Atomic Minerals (TSXV: ATOM) félicite la Secrétaire à l'Énergie des États-Unis, Jennifer M. Granholm, pour son plaidoyer en faveur de l'expansion de l'énergie nucléaire et célèbre le jalon du réacteur nucléaire de Géorgie d'une valeur de 35 milliards de dollars. L'entreprise soutient la vision de Granholm pour 98 réacteurs supplémentaires et avance des projets d'uranium aux États-Unis et dans le nord de la Saskatchewan afin de garantir un approvisionnement domestique fiable.

Le deuxième nouveau réacteur de Plant Vogtle, l'Unité 4, est maintenant opérationnel, rejoignant l'Unité 3 pour fournir de l'électricité sans carbone à environ 1 million de foyers et d'entreprises. La Secrétaire Granholm a souligné la nécessité de 98 réacteurs supplémentaires pour répondre aux besoins énergétiques et réduire les émissions. Le DOE soutient la transition vers des énergies propres par le biais d'initiatives telles que le Programme de Crédit Nucléaire Civil de 6 milliards de dollars.

Atomic Minerals s'engage à explorer et à développer de l'uranium et des minéraux critiques pour les réacteurs nucléaires de prochaine génération, jouant un rôle clé dans la transition vers des solutions énergétiques plus propres.

Atomic Minerals (TSXV: ATOM) lobt das Engagement von US-Energieministerin Jennifer M. Granholm für die Expansion der Kernenergie und feiert den Meilenstein des 35 Milliarden Dollar teuren Kernreaktors in Georgia. Das Unternehmen unterstützt Granholms Vision für 98 zusätzliche Reaktoren und treibt Uranprojekte in den USA und im Norden von Saskatchewan voran, um eine zuverlässige inländische Versorgung sicherzustellen.

Der zweite neue Reaktor von Plant Vogtle, Einheit 4, ist jetzt in Betrieb und ergänzt Einheit 3, um rund 1 Million Haushalte und Unternehmen mit kohlenstofffreier Energie zu versorgen. Ministerin Granholm betonte die Notwendigkeit von 98 weiteren Reaktoren, um den Energiebedarf zu decken und die Emissionen zu reduzieren. Das DOE unterstützt den Übergang zu sauberer Energie durch Initiativen wie das 6-Milliarden-Dollar-Programm für zivile Kernenergie.

Atomic Minerals hat sich der Erschließung und Entwicklung von Uran und kritischen Mineralien für fortschrittliche Kernreaktoren verschrieben und spielt eine Schlüsselrolle beim Übergang zu saubereren Energielösungen.

Positive
  • None.
Negative
  • None.

Vancouver, British Columbia--(Newsfile Corp. - August 20, 2024) - Atomic Minerals Corporation (TSXV: ATOM) ("ATOMIC MINERALS" or the "Company") is pleased to commend U.S. Energy Secretary Jennifer M. Granholm for her recent advocacy for the expansion of nuclear power in the United States and globally.

Georgia Power Co., in partnership with three other utilities, recently celebrated the successful commissioning of two new nuclear reactors at Plant Vogtle in Waynesboro, Georgia. This landmark $35 billion investment not only represents a major advance in the future of clean energy but also underscores the growing importance of domestic uranium exploration to secure a stable supply for the U.S. nuclear industry.

"Today, the call for more nuclear reactors goes beyond energy production-it's a call for decisive climate action and robust economic growth," said Clive Massey, President & CEO of Atomic Minerals. "We fully support Secretary Granholm's vision for 98 additional reactors and commend the significant milestone achieved at Plant Vogtle. This success highlights the critical role of nuclear energy in building a sustainable, low-carbon future. At Atomic Minerals, we are dedicated to advancing our U.S. uranium projects, including Harts Point, Dolores Anticline, and 10 Mile, to ensure a reliable domestic supply and contribute to a cleaner, more resilient energy infrastructure."

Clive Massey continued, "In addition to our U.S. projects, we're also making significant strides in Northern Saskatchewan, where our exploration efforts are focused on uncovering high-grade uranium deposits. These projects are crucial for bolstering North America's uranium supply, further strengthening the region's energy security. By advancing both our U.S. and Canadian initiatives, Atomic Minerals is playing a pivotal role in supporting the growing demand for clean, reliable nuclear energy, which is essential for achieving our climate goals and powering a sustainable future."

Plant Vogtle's second new reactor, Unit 4, was officially brought into commercial operation, following the earlier launch of Unit 3. Together, these reactors will provide carbon-free electricity to approximately 1 million homes and businesses, underscoring nuclear power's vital role in reducing climate-changing carbon emissions.

Speaking at Plant Vogtle, Secretary Granholm underscored the urgent need for 98 additional reactors of similar capacity across the United States to meet the nation's energy needs and dramatically reduce greenhouse gas emissions. She also highlighted the substantial progress the DOE has made over the past two years in implementing this historic legislation, with a strong emphasis on fairness and equity in addressing the legacy of underinvestment in critical infrastructure.

"It is now time for others to follow their lead to reach our goal of getting to net zero by 2050," Granholm said. "We have to at least triple our current nuclear capacity in this country."1

The U.S. Department of Energy (DOE) is actively supporting the nation's transition to a clean energy economy, including substantial investments through initiatives such as the Civil Nuclear Credit Program. This $6 billion program, part of the Bipartisan Infrastructure Law (BIL), aims to preserve the existing U.S. nuclear reactor fleet and protect thousands of high-paying jobs, all while contributing to the nation's energy security and environmental goals.

Atomic Minerals Corporation remains dedicated to exploring and developing uranium and other critical minerals essential for the next generation of nuclear reactors. The Company looks forward to playing a key role in supporting the global shift towards cleaner energy solutions.

Uranium is crucial to the North American economy due to its pivotal role in meeting the continent's energy needs over the next 25 years. As a primary fuel for nuclear power plants, uranium ensures a stable and reliable source of energy, essential for economic growth and energy security. With increasing demand for clean and sustainable energy sources, nuclear power, fueled by uranium, offers a low-carbon solution that can significantly reduce greenhouse gas emissions. This aligns with North America's commitment to environmental sustainability and climate goals. Furthermore, uranium's strategic importance is underscored by its ability to provide consistent and large-scale energy production, which is vital for powering industries, homes, and infrastructure across the region. As the energy landscape evolves, the significance of uranium in supporting a resilient and diversified energy portfolio cannot be overstated.

About the Company

Atomic Minerals Corp. is a publicly listed exploration company on the TSX Venture Exchange, trading under the symbol ATOM, led by a highly skilled management and technical team with a proven track record in the junior mining sector. Atomic Minerals' objective is to identify exploration opportunities in regions that have been previously overlooked but are geologically similar to those with previous uranium discoveries. These underexplored areas hold immense potential and are in stable geopolitical and economic environments.

Atomic Minerals' property portfolio contains uranium projects in three locations within North America, all of which have significant technical merit and or are known for hosting uranium production in the past. Three of the properties are located on the Colorado Plateau, an area which has previously produced 597 million pounds of U3O8; Three others are in the prolific Athabasca Basin region and nine uranium projects are located Northern Saskatchewan, encompassing a total exploration area of 6,495 hectares.

For additional information about the Company and its projects, please visit our website at www.atomicminerals.ca

ON BEHALF OF THE BOARD OF DIRECTORS

"Clive Massey"
Clive H. Massey
President & CEO

For further information, please contact:
info@atomicminerals.ca
(604) 341-6870

Neither TSX Venture Exchange nor their Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements:

This news release contains certain statements that may be deemed "forward-looking" statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although Atomic Minerals Corporation believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of Atomic Minerals Corporation management on the date the statements are made. Except as required by law, Atomic Minerals Corporation undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.

###


1 Sourced: US Energy Secretary calls for more nuclear power while celebrating $35 billion Georgia reactors

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/220532

FAQ

What milestone did Georgia Power Co. recently celebrate regarding nuclear reactors?

Georgia Power Co. and three other utilities recently celebrated the successful commissioning of two new nuclear reactors at Plant Vogtle in Waynesboro, Georgia, representing a $35 billion investment in clean energy.

How many additional nuclear reactors did U.S. Energy Secretary Granholm call for?

Secretary Granholm called for 98 additional nuclear reactors of similar capacity across the United States to meet the nation's energy needs and reduce greenhouse gas emissions.

What U.S. uranium projects is Atomic Minerals (ATMMF) advancing?

Atomic Minerals is advancing U.S. uranium projects including Harts Point, Dolores Anticline, and 10 Mile to ensure a reliable domestic uranium supply.

Where else is Atomic Minerals (ATMMF) conducting uranium exploration?

In addition to U.S. projects, Atomic Minerals is making significant strides in Northern Saskatchewan, focusing on uncovering high-grade uranium deposits.

What is the capacity of the new reactors at Plant Vogtle?

The two new reactors at Plant Vogtle will provide carbon-free electricity to approximately 1 million homes and businesses.

ATOMIC MINERALS CORP

OTC:ATMMF

ATMMF Rankings

ATMMF Latest News

ATMMF Stock Data

1.18M
27.97M
17.79%
Other Industrial Metals & Mining
Basic Materials
Link
United States of America
Vancouver