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30 news articles found
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
Ukrainian nuclear utility Energoatom and Canada’s Cameco have signed an agreement finalising implementation of the programme to export all of Ukraine's uranium production for processing in Canada to produce fuel for Ukraine’s NPPs. This came during a visit to Canada by Energoatom President Petro Kotin, who had signed the original contracts in London in March.
- Source: NEI Magazine
- Date: Wednesday, 19 April 2023
- Original article: neimagazine.com/news/newsukraine-energoatom-and-cameco-finalise-uranium-agreement-10769622
The agreement was signed in Canada on 11 April by Energoatom president Petro Kotin and Cameco president and chief executive officer Tim Gitzel.
agreement will run from 2024, with all deliveries to Ukraine in the form of natural uranium hexafluoride (UF6). Cameco said the contract will contain “a required degree of flexibility”, given present circumstances in Ukraine.
The agreement will see Cameco supply 100% of Energoatom’s UF6 requirements – consisting of uranium and conversion services – for the nine nuclear units at its Rovno (four units), Khmelnitski (two units) and South Ukraine (three units) nuclear power plants for the duration of the contract.
- Source: Nucnet
- Date: Saturday, 15 April 2023
- Original article: nucnet.org/news/cameco-and-energoatom-finalise-deal-on-nuclear-fuel-supply-4-5-2023
Cameco and Energoatom have signed the last agreement needed for the implementation of a programme to export all of Ukraine's uranium production for processing in Canada to produce fuel for Ukrainian nuclear power plants.
- Source: World Nuclear News
- Date: Friday, 14 April 2023
- Original article: world-nuclear-news.org/Articles/Cameco,-Energoatom-fuel-deal-implemented
Canada’s Cameco and Bruce Power have extended their long-term exclusive nuclear fuel supply arrangements for an additional 10 years until 2040. The original deal was announced in 2017. The arrangements include provisions for Cameco, one of the largest global providers of the uranium fuel, to supply 100% of Bruce Power’s uranium, conversion services and fuel fabrication requirements. The extension represents additional business between the companies estimated at CAD2.8bn ($2bn) from 2031 to 2040. The volumes under these new arrangements were included in the long-term contracting volumes disclosed by Cameco in February 2022.
- Source: NEI Magazine
- Date: Friday, 07 April 2023
- Original article: neimagazine.com/news/newscameco-and-bruce-power-extend-long-term-nuclear-fuel-supply-arrangements-to-2040-10738720
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.
- Source: NEI Magazine
- Date: Thursday, 23 March 2023
- Original article: neimagazine.com/news/newsukraines-energoatom-signs-agreements-with-cameco-for-fuel-supplies-10694716
Energoatom and Cameco have signed agreements covering the supply of Ukrainian uranium and the production of nuclear fuel for nuclear power plants in Ukraine.
- Source: World Nuclear News
- Date: Tuesday, 21 March 2023
- Original article: world-nuclear-news.org/Articles/Energoatom-and-Cameco-sign-fuel-and-uranium-agreem
Ukrainian nuclear utility Energoatom and Canada’s Cameco Corporation have agreed the commercial terms for a major uranium supply contract. Cameco will provide sufficient volumes of natural uranium hexafluoride (UF6) (including uranium and conversion services), to meet Ukraine’s nuclear fuel needs until 2035. Finalisation of the 12-year contract is anticipated in the first quarter of 2023 although key commercial terms, such as pricing mechanism, volume and tenor, have already been agreed.
- Source: NEI Magazine
- Date: Wednesday, 15 February 2023
- Original article: neimagazine.com/news/newscameco-signs-major-uranium-supply-deal-with-ukraine-10593236
2022 has been a "transformative" year for the company, CEO Tim Gitzel said, with record long-term contracting, the resumption of production at McArthur River and Key Lake, an increase in its ownership of Cigar Lake and its joint acquisition of Westinghouse. The company reported net earnings of CAD89 million (USD66.5 million) for the year.
- Source: World Nuclear News
- Date: Saturday, 11 February 2023
- Original article: world-nuclear-news.org/Articles/Cameco-reaps-benefits-of-best-ever-fuel-market-fun
The Canadian Nuclear Safety Commission (CNSC) has granted a 20-year renewal of its Fuel Facility Operating Licence to Cameco Fuel Manufacturing (CFM) at Port Hope in Ontario. This will allow CFM to operate until 28 February 2043 during which it will have to undergo a comprehensive mid-point (10-year) review of its operations as well as a yearly regulatory oversight report meeting and compliance verification activities.
- Source: NEI Magazine
- Date: Wednesday, 25 January 2023
- Original article: neimagazine.com/news/newslicence-renewal-for-cameco-fuel-manufacturing-10539215