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A special report by the International Energy Agency (IEA), The Role of Critical Minerals in Clean Energy Transitions, released on 5 May, is a comprehensive global study on the central importance of minerals such as copper, lithium, nickel, cobalt and rare earth elements in a secure and rapid transformation of the global energy sector. The 287-page report recommends six key areas of action for policy makers to ensure that critical minerals are available to accelerate the transition to clean energy, rather than becoming a bottleneck.
- Source: NEI Magazine
- Date: Friday, 07 May 2021
- Original article: neimagazine.com/news/newsiea-report-looks-at-critical-minerals-in-clean-energy-transitions-8725909
Canada’s Terrestrial Energy said on 4 May that it had signed an engineering services contract with Hatch to support deployment of the Integral Molten Salt Reactor (IMSR). The scope of the agreement includes support for engineering, component procurement, project and construction management, and power plant cost estimation relating to the development and construction of an IMSR power plant. Services will be provided by a team of Hatch engineers based in Ontario.
- Source: NEI Magazine
- Date: Friday, 07 May 2021
- Original article: neimagazine.com/news/newsterrestrial-energy-signs-engineering-services-contract-with-hatch-8726005
Russia’s AA Bochvar Research Institute of Inorganic Materials (VNIINM – part of Rosatom’s Fuel Company TVEL) said on 29 April that, by the end of the year, it plans to complete the third cycle of irradiation of experimental accident tolerant fuel assemblies with VVER and PWR fuel elements comprising four different combinations of fuel and structural materials (zirconium alloy with chromium-containing coatings and chromium-nickel alloy 42??? as cladding materials, traditional uranium dioxide or alloy uranium-molybdenum as fuel). In addition, TVEL has ordered VNIINM to begin R&D work on the development of a technology for making tolerant fuel pellets from uranium disilicide (a compound of uranium and silicon - U3Si2). This aims to improve the safety of operation of domestically produced fuel, improve the technical and economic indicators of its operation, and also ensure the competitiveness of Rosatom in the world nuclear fuel market.
- Source: NEI Magazine
- Date: Wednesday, 05 May 2021
- Original article: neimagazine.com/news/newsrussia-continues-testing-accident-tolerant-fuels-8718821
Uranium investment company Uranium Participation Corporation (UPC) has entered into a definitive agreement with Sprott Asset Management LP to convert UPC into the Sprott Physical Uranium Trust and pursue listing on US stock exchanges. Denison Mines Inc's Management Services Agreement with UPC will be terminated, with Denison set to receive a termination payment estimated at CAD5.3 million (USD4.3 million).
- Source: World Nuclear News
- Date: Friday, 30 April 2021
- Original article: world-nuclear-news.org/Articles/Uranium-investment-company-restructures-to-pursue
UEX Corporation announced on 22 April that it had signed a definitive purchase agreement with Overseas Uranium Resources Development Co Ltd (OURD) to acquire 100% ownership of OURD’s wholly-owned subsidiary, JCU (Canada) Exploration Company, Limited (JCU). OURD is a private Japanese company with 29 shareholders comprised of some of the major companies in Japan.
- Source: NEI Magazine
- Date: Wednesday, 28 April 2021
- Original article: neimagazine.com/news/newsuex-acquires-jcu-canada-exploration-8702962
Kazakhstan National Atomic Company Kazatomprom on 22 April signed a Sale and Purchase Agreement (SPA) for the sale of a 49% share of Ortalyk to a subsidiary of China General Nuclear Power Corporation (CGNPC), subject to conditions and governmental approvals.
- Source: NEI Magazine
- Date: Wednesday, 28 April 2021
- Original article: neimagazine.com/news/newskazatomprom-sells-share-of-subsidiary-to-cgn-8702963
Kazatomprom has announced the signing of a sale and purchase agreement for the sale of a 49% share of Ortalyk LLP to a subsidiary of China General Nuclear (CGN), subject to conditions and governmental approvals.
- Source: World Nuclear News
- Date: Tuesday, 27 April 2021
- Original article: world-nuclear-news.org/Articles/Kazatomprom,-CGN-sign-agreement-for-Ortalyk-stake
Russia’s Urals ElectroChemical Combine (UECC) has implemented a proprietary system for automatic control of centrifuge energy consumption, Strana Rosatom said on 19 April. The automated system, Yantar, makes it possible, in case of an emergency shutdown, to transfer the load of the technological unit of centrifuges to the standby without participation of an electrician. Yantar was developed by the specialists of the metrological service of the plant.
- Source: NEI Magazine
- Date: Friday, 23 April 2021
- Original article: neimagazine.com/news/newsrussias-uecc-automates-centrifuges-8690449
The US Department of Energy’s (DOE’s) Office of Nuclear Energy (NE) said on 13 April that the proposed Marvel microreactor project at Idaho National Laboratory (INL) will help researchers understand how advanced reactors could play a part in intelligent energy grids.
- Source: NEI Magazine
- Date: Friday, 23 April 2021
- Original article: neimagazine.com/news/newsus-marvel-project-seeks-to-accelerate-microreactor-deployment-8690470
The US Department of Energy (DOE) is planning to build a microreactor to help researchers and end-users understand how microreactors can integrate with other technologies. The Microreactor Applications Research Validation and EvaLuation (MARVEL) liquid-metal cooled microreactor could be operational within three years.
- Source: World Nuclear News
- Date: Thursday, 22 April 2021
- Original article: world-nuclear-news.org/Articles/DOE-project-supports-microreactor-deployment