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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

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

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

The possibility of using nuclear fuel from suppliers other than Russia’s TVEL at the Paks NPP has been legally enshrined in Hungary’s legislation. Members of the national parliament supported an amendment to the nuclear energy strategy proposed by the government. State Secretary at the Ministry of Energy Attila Steiner noted that Paks, Hungary’s only NPP currently uses nuclear fuel supplied by Rosatom enterprises.

Source: NEI Magazine
Date: Thursday, 30 November 2023
Original article: neimagazine.com/news/newshungary-authorises-use-of-diverse-nuclear-fuel-sources-11335610

EU supply agency also warns of continued dependence on Moscow for VVER nuclear fuel

Source: Nucnet
Date: Friday, 20 October 2023
Original article: nucnet.org/news/97-of-europe-s-natural-uranium-comes-from-overseas-but-russia-deliveries-fall-10-4-2023

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

Source: NEI Magazine
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.

Source: NEI Magazine
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.

Source: Nucnet
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

​In a wide-ranging interview for the World Nuclear News podcast, Bannerman Energy’s CEO Brandon Munro outlined the major changes in the global uranium and wider nuclear fuel sector as a result of the Russia-Ukraine war - and gives his advice on winning people over to nuclear energy.

Source: World Nuclear News
Date: Tuesday, 21 March 2023
Original article: world-nuclear-news.org/Articles/In-Quotes-Bannermans-Brandon-Munro-on-war-s-impa

Australia’s Silex Systems has completed a AUD120m ($81m) institutional placement to further develop its uranium enrichment technology. Silex Systems is developing laser separation of chemical isotopes and hopes the equity funding will enable it to accelerate commercialisation of the technology. Silex Systems is based at the Australia Nuclear Science & Technology Organisation (ANSTO) in Lucas Heights, Sydney. It has been collaborating for several years with US-based Global Laser Enrichment (GLE) – a joint venture of Silex and uranium producer Cameco.

Source: NEI Magazine
Date: Saturday, 04 March 2023
Original article: neimagazine.com/news/newssilex-systems-raises-funds-for-uranium-enrichment-10648161

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