Canadian Nuclear Safety Commission and other

"Which countries are using or planning to use Nuclear energy" whoops wrong one. Try this on for size


The Canadian Nuclear Safety Commission (CNSC) confirmed the
completion of its review of NexGen’s final Environmental Impact
Statement (EIS) submission for the proposed Rook I Project, deeming the
submission complete and accepted. This allows the CNSC staff to proceed
with the preparation of the Environmental Assessment (EA) report under
the Canadian Environmental Assessment Act of 2012. The report will be
made available for review by Indigenous Nations, local communities, and
the public before a public Commission hearing, which represents the final
formality in the permitting process.

These above mentioned final steps in the process are more administrative
in nature and are likely to end in a positive permitting decision. All public
comments have already been addressed by NexGen, with the public
comment period having concluded in November 2022.

Full project approvals would accelerate the debt funding discussions and
the company has previously noted that it had received >US $1.4 billion in
interest from potential lenders.

The pay back time of this project is (AI based as I am lazy to find it again myself)

"exGen Energy's Rook I uranium project in Saskatchewan has an estimated payback period of 12 months346. This incredibly fast payback period is based on the project's updated economics, which include:

1. Total initial capital costs (CAPEX) of C$2.2 billion6
2. Average annual after-tax net cash flow of C$1.93 billion in the first five years34
3. After-tax Net Present Value (NPV) of C$6.3 billion at an 8% discount rate3

The 12-month payback period remains consistent despite recent cost increases, which saw the project's capital expenditure rise by 70% from the previous estimate of C$1.3 billion in 20214. This rapid payback is attributed to the project's high-grade uranium deposit and efficient mining plan12.NexGen CEO Leigh Curyer emphasized that the updated capital cost represents an "all-encompassing spend" to bring the Rook I project into production, highlighting the project's economic strength despite increased costs57."

Nextgen uranium mine pay back period