Nuclear

The existing law prohibits importing, manufacturing, possessing, and detonating nuclear explosives on Finnish soil, including during wartime. The proposal creates an exception tied to Finland’s military defence that would cover bringing a nuclear weapon into Finland and transporting, delivering, or possessing one in Finland. The government framed the change as aligning Finland more closely with Nato’s deterrence policy. The proposal was presented by Defence Minister Antti Häkkänen at a news conference on Thursday.

The approval applies to a site in Kemmerer, Wyoming and allows construction work to begin there. The Natrium design is sodium-cooled, using liquid sodium for cooling and heat transfer, with primary coolant circulation at lower pressure than water-cooled reactors. The excerpt describes sodium as highly reactive when exposed to air or water. Natrium is a fast-neutron reactor and is described as able to consume some isotopes that would otherwise become radioactive waste in traditional designs. The plant is described as 345 megawatts and includes energy storage as part of its design.

The nuclear energy deal is described as a 10-year arrangement between the two governments. The same meeting produced agreements covering technology, critical minerals, space, defence, and education. Carney stated the two countries agreed to conclude a free trade deal by the end of 2026. The announcement follows a period in which both sides expelled each other’s diplomats and cancelled visa services.

The transaction transfers 100% of the Marshall Uranium Project, located in Saskatchewan, to Green Canada Corporation Inc (GCC). GCC is a 54% owned subsidiary of PTX Metals Inc. Basin retains 9.99% of the total issued capital in the newly listed entity tied to the transaction. Basin holds a 25% project-level buyback option and a three-year right of first refusal on any future sale. Basin and CanAlaska Uranium Ltd granted GCC a nine-month exclusivity period for the North Millennium Project.

The agreement is a 123 Agreement that enables the United States to license nuclear technology and equipment to other countries. It specifically relates to small modular reactors. It establishes up to $5 billion in initial US exports and an additional $4 billion in longer-term fuel and maintenance contracts. The agreement does not bind Armenia to purchase a US reactor.

Foreign Minister Abbas Araghchi made the statement on November 16, 2025. He asserted that there is no undeclared nuclear enrichment in Iran and that all facilities are under IAEA safeguards and monitoring. He said there is no enrichment currently because Iran's enrichment facilities have been attacked. The statement covers enrichment activity across all sites in the country.