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Netherlands-based AMG Critical Materials has established a new company, NewMOX SAS in Grenoble, France, to service the nuclear fuel market. NewMOX is a subsidiary of ALD Vacuum Technologies based in Hanau, Germany. ALD is AMG’s engineering subsidiary focused on vacuum furnace technology, which includes sintering furnace systems enabling the production of commercial nuclear fuel from plutonium and depleted uranium mixed oxides (mox). ALD’s MOX technology has been applied in Germany, the USA, France, Belgium, the UK and recently ALD has been delivering furnace systems to China. ALD inherited the mox technology from Degussa AG, ALD’s former owner (later renamed Evonik AG).
- Source: NEI Magazine
- Date: Wednesday, 10 April 2024
- Original article: neimagazine.com/news/newsamg-establishes-new-company-to-support-mox-production-11669474
US-based Global Laser Enrichment (GLE), jointly owned by Australia’s Silex Systems (51%) and Canada’s Cameco (49%), has decided against responding to a US Department of Energy (DOE) request for the acquisition of high-assay low-enriched uranium enrichment (HALEU), which is not currently commercially available from US-based suppliers.
- Source: NEI Magazine
- Date: Saturday, 30 March 2024
- Original article: neimagazine.com/news/newsgle-decides-against-haleu-development-11644720
Addressing Atomexpo 2024 in Sochi, southern Russia, Hungary’s Foreign Minister Péter Szijjártó called for nuclear energy to remain a field of international cooperation, and expressed regret that the field was riddled with ideological debates. “As long as infrastructure determines energy cooperation, ideology should have nothing to do with [it],” he said. He added that, whereas nuclear energy had been “a victim of ideology” recently, Europe had “overcome” discrimination, “thanks mostly to the fact that France is a pro-nuclear country”. He added: “We were able to win our debates in Europe and make it recognised that generating electricity in a nuclear way is sustainable, safe and cheap.”
- Source: NEI Magazine
- Date: Thursday, 28 March 2024
- Original article: neimagazine.com/news/newsszijjrt-criticises-politicisation-of-nuclear-energy-11635619
Global Laser Enrichment has decided not to submit a proposal in response to a US Department of Energy request for the acquisition of high-assay low-enriched uranium enrichment, its 51%-owner Silex Systems has announced. The company has also received regulatory approval to load uranium hexafluoride for the start of testing to demonstrate the technology it plans to use in its enrichment facility at Paducah in Kentucky.
- Source: World Nuclear News
- Date: Wednesday, 27 March 2024
- Original article: world-nuclear-news.org/Articles/Laser-enrichment-company-declines-HALEU-opportunit
In an interview for the World Nuclear News podcast NexGen Energy CEO and President Leigh Curyer set out the path ahead for what he calls their world-leading project in Canada, and gave his overview of the uranium sector's prospects.
- Source: World Nuclear News
- Date: Tuesday, 19 March 2024
- Original article: world-nuclear-news.org/Articles/In-Quotes-NexGen-Energy-s-Leigh-Curyer-on-the-Rook
Kazatomprom is "fully capable" of maintaining its position as a reliable supplier of natural uranium, with an action plan that enables it to react to evolving geopolitical events, the company said in its yearly financial results statement.
- Source: World Nuclear News
- Date: Saturday, 16 March 2024
- Original article: world-nuclear-news.org/Articles/Kazatomprom-action-plan-addresses-supply-chain-ris
The Nuclear Energy Agency (NEA) has published the second edition of its Small Modular Reactor Dashboard which tracks the progress of selected small modular reactor (SMR) designs towards deployment. NEA says the SMR designs are at various stages of development, from fundamental research on new concepts to commercial deployment and operation of mature designs.
- Source: NEI Magazine
- Date: Saturday, 02 March 2024
- Original article: neimagazine.com/news/newsnea-launches-second-edition-of-its-small-modular-reactor-dashboard-11561305
Korea Hydro & Nuclear Power (KHNP) has signed a Letter of Intent with US nuclear fuel and services company Centrus Energy to ensure a stable supply of nuclear fuel. It follows the signing of a memorandum of understanding between the two companies in April last year.
- Source: World Nuclear News
- Date: Wednesday, 28 February 2024
- Original article: world-nuclear-news.org/Articles/KHNP,-Centrus-enhance-cooperation-in-fuel-supply
Global Laser Enrichment (GLE), jointly owned by Australia’s Silex Systems (51%) and Canada’s Cameco (49%), have approved GLE’s operating plan and budget for calendar year (CY) 2024 that enables the continuation of accelerated activities to commercialise the Silex uranium enrichment technology.
- Source: NEI Magazine
- Date: Friday, 23 February 2024
- Original article: neimagazine.com/news/newsgle-to-further-accelerate-commercialisation-of-silex-enrichment-technology-11540478
US Centrus’s Fourth Quarter and Full Year 2023 Results showed an overall increase in income but a reduction in profits with mixed results for different operating sectors. While the US’s only uranium enrichment facility showed increased revenue with respect to its low-enriched uranium (LEU) operations, results for high-assay, low-enriched uranium (HALEU) were slow.
- Source: NEI Magazine
- Date: Wednesday, 14 February 2024
- Original article: neimagazine.com/news/newscentrus-financial-report-reveals-slow-down-in-haleu-plans-11511953