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The US Senate has voted by 96-3 to approve legislation that would strengthen domestic nuclear fuel production and ensure that disruptions in uranium supply will not impact the development of advance reactors or the operation of the USA's existing power reactor fleet.

Date: Tuesday, 01 August 2023
Original article: world-nuclear-news.org/Articles/US-Senate-votes-to-onshore-nuclear-fuel-production

“Uranium 2022: Resources, Production and Demand”, widely known as the Red Book, is the 29th edition of the OECD Nuclear Energy Agency (NEA) and International Atomic Energy Agency's biennial report. The 568-page report presents the most recent review of world uranium market fundamentals and offers a statistical profile of the uranium industry. It includes 54 country reports on uranium exploration, resources, production and reactor-related requirements, 36 of which were prepared from officially reported government data and narratives, and 18 that were prepared by the NEA and IAEA secretariats.

Date: Saturday, 08 April 2023
Original article: neimagazine.com/news/newsred-book-sees-modest-decrease-in-uranium-resources-but-expects-nuclear-capacity-to-increase-10741481

As the Western nuclear industry flounders, Russia’s Rosatom is building nuclear power plants (NPPs) on time and under budget around the world, while selling uranium to the US, according to Professor Thane Gustafson. His article, on “The Devil’s Dance” substack blog, says Russia has world-beating nuclear power technology that is flourishing thanks to booming exports. The article, originally released in May, has now been reproduced in several other publications and a link provided on Gustafson’s Twitter page.

Date: Thursday, 19 January 2023
Original article: neimagazine.com/news/newsus-professor-thane-gustafson-russias-nuclear-industry-is-unique-10525064

Cameco Corporation and Brookfield Renewable Partners, together with its institutional partners (the consortium), are forming a strategic partnership to acquire Westinghouse Electric Company. Brookfield Renewable, with its institutional partners, will own a 51% interest in Westinghouse and Cameco will own 49%.

Date: Friday, 14 October 2022
Original article: neimagazine.com/news/newscameco-and-brookfield-renewable-to-acquire-westinghouse-10084610

The European Bank for Reconstruction and Development (EBRD) will provide Uzbekistan with a grant of €7 million ($6.95m) to support work on the reclamation of uranium legacy sites at Charkesar and Yangiabad, the press service of State Committee of Uzbekistan on Ecology and Environmental Protection (SCUEEP) and EBRD have reported. The agreement for the grant project was signed on 1 September in London by SCUEEP Chairman Narzullo Oblomuradov and Balthazar Lindauer, Director of the EBRD Nuclear Safety Department.

Date: Wednesday, 07 September 2022
Original article: neimagazine.com/news/newsuzbekistan-receives-ebrd-grant-to-remediate-legacy-uranium-sites-9980584

The first full-scale laser system module developed by Australia-based Silex Systems Ltd for deployment in US Global Laser Enrichment's (GLE) commercial pilot demonstration facility has completed eight months of testing at Silex's laser technology development centre in Lucas Heights, Sydney. GLE said this represented “an important milestone in the development of commercial-scale equipment for GLE’s quest to become the only third-generation laser uranium enrichment company in the world”.

Date: Wednesday, 07 September 2022
Original article: neimagazine.com/news/newstesting-completed-for-silex-laser-enrichment-module-9980983

China leading in nuclear power investment IEA director-general Fatih Birol presenting the World Energy Investment 2022 report at an online event this week. Image courtesy IEA. Global energy investment is expected to increase by 8% in 2022, well above pre-pandemic levels in 2019, but a much higher growth pace is needed for clean technologies, including nuclear, to be on track for a 1.5°C stabilisation of the rise in global average temperatures, a new report by the International Energy Agency (IEA) found.

The IEA’s World Energy Investment report said global energy investment this year is projected to reach $2.4tn (€2.28tn), with the bulk going into renewables and grids.

However, almost half of the increase in capital spending is linked to higher costs due to supply chain pressures instead of bringing additional energy supply capacity or savings.

Date: Friday, 24 June 2022
Original article: nucnet.org/news/global-clean-energy-investment-beats-pre-pandemic-levels-but-growth-insufficient-to-meet-climate-goals-6-4-2022

Society - and the nuclear industry - are today facing a new reality: the reality of asking ourselves about energy security and energy independence. So said John-Paul Jones, head of commercial and market intelligence at Urenco, at World Nuclear Fuel Cycle 2022.

Date: Saturday, 30 April 2022
Original article: world-nuclear-news.org/Articles/New-realities-for-uranium-enrichment

The global uranium market has not yet been impacted by recent geopolitical events, speakers from uranium suppliers said during a session of the World Nuclear Fuel Conference 2022 in London. However, they agreed that the longer-term future is uncertain but the industry can bring capacity online to avoid any shortages.

Date: Thursday, 28 April 2022
Original article: world-nuclear-news.org/Articles/Uranium-miners-ready-to-meet-market-needs,-WNFC-he