Latest News

Filters

Filter by tags: Canada Uranium Russia Clear all tag filters

58 news articles found


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.

Date: Tuesday, 19 March 2024
Original article: world-nuclear-news.org/Articles/In-Quotes-NexGen-Energy-s-Leigh-Curyer-on-the-Rook

South Korea’s Kepco Nuclear Fuel (KNF) and GS Engineering & Construction (GS E&C) are to collaborate with Denmark’s Seaborg Technologies to investigate the feasibility of developing a low enriched uranium (LEU) fuel salt production facility in South Korea. The companies see fluoride fuel salt supply as important for generation 4 advanced reactors.

Date: Saturday, 24 June 2023
Original article: neimagazine.com/news/newssouth-korea-and-denmark-to-collaborate-on-leu-fuel-salt-production-10961645

The nuclear market will be able to respond as it transitions away from the oversupply of recent years - but decisions to increase capacity in the front-end of the fuel cycle will need to be taken soon, according to speakers at World Nuclear Fuel Cycle 2023 (WNFC 2023).

Date: Friday, 21 April 2023
Original article: world-nuclear-news.org/Articles/Market-dynamics-under-spotlight-at-WNFC-2023

Japan, the UK, Canada, the US and France have agreed to co-operate to reduce dependence on Russia as a supplier of nuclear materials and technology. Their statement was issued at the Nuclear Energy Forum being held in Japan’s Sapporo alongside the meeting of Group of Seven (G7) ministers on climate, energy and environment. It was published on the UK government website.

Date: Thursday, 20 April 2023
Original article: neimagazine.com/news/newsfive-g7-nations-aim-to-cut-dependence-on-russian-nuclear-technology-10770200

Four potential locations across Estonia, which could accommodate a nuclear power plant, have been identified by a finance ministry analysis. 

Date: Friday, 14 April 2023
Original article: neimagazine.com/news/newsestonias-finance-ministry-identifies-four-possible-npp-sites-10756091

“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

Annual capacity of idled mines stands at almost 30,000 tonnes Kazakhstan has limited output in recent years in response to a depressed uranium market, but is still the largest producer. Courtesy Kazatomprom. Global uranium mine production decreased by nearly 12% from 2018 to 2020 with major producing countries including Canada and Kazakhstan limiting total production in recent years in response to a depressed uranium market, according to the Nuclear Energy Agency.

In the latest edition of Uranium Resources, Production and Demand, known as the Red Book, the NEA says uranium production cuts deepened suddenly with the onset of the Covid-19 pandemic in early 2020.

Overall, world uranium production decreased from 53,501 tonnes of uranium (tU) in 2018 to 47,342 tU in2020 as producers instituted production cuts, followed by a slight increase to 47,472 tU in 2021. These planned reductions were greatest in Canada and Kazakhstan.

As of 1 January 2021, the annual production capacity of idled mines amounted to over 29,400 tU. These operations, which have all the necessary licences, permits and agreements for operation and have produced commercially in the past, could potentially be brought back into production relatively rapidly given appropriate market conditions.

Date: Friday, 07 April 2023
Original article: nucnet.org/news/global-production-down-12-with-kazakhstan-by-far-world-s-largest-producer-4-4-2023

The US Department of Energy’s (DOE’s) Savannah River Site (SRS) says the H Canyon facility recently initiated actions to recycle a small amount of used highly enriched uranium (HEU) stored in the Site’s H Area in order to down-blend it into high-assay low enriched uranium (HALEU). “The projected demand for HALEU far exceeds the current supply,” said HALEU Programme Manager Jeff Hasty for Savannah River Nuclear Solutions, the site’s managing and operating contractor.

Date: Wednesday, 05 April 2023
Original article: neimagazine.com/news/newshaleu-production-planned-for-savannah-river-site-as-clean-up-continues-10731144

ARC Clean Technology Canada (ARC) has signed a memorandum of understanding (MOU) with Invest Alberta Corporation (IAC) for co-operation in the commercialisation in Alberta of ARC’s advanced Small Modular Reactor (aSMR) technology. The province of Alberta, along with New Brunswick, Ontario and Saskatchewan, has agreed to a joint strategic plan to support SMR development.

Date: Wednesday, 29 March 2023
Original article: neimagazine.com/news/newsarc-clean-technology-signs-agreement-on-deployment-of-smrs-in-alberta-10708319

The President of Ukrainian nuclear utility, Energoatom, Petro Kotin has signed contracts in London with Tim Gitzel, President of Canada’s Cameco to extend agreements on fuel supplies. The signing ceremony was attended by the Minister of Energy of Ukraine Herman Halushchenko (online); the High Commissioner of Canada to the UK, Ralph Goodale; and the Ambassador of Ukraine to the UK, Vadym Prystaiko.

Date: Thursday, 23 March 2023
Original article: neimagazine.com/news/newsukraines-energoatom-signs-agreements-with-cameco-for-fuel-supplies-10694716