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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.

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.

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.

Date: Friday, 23 February 2024
Original article: neimagazine.com/news/newsgle-to-further-accelerate-commercialisation-of-silex-enrichment-technology-11540478

“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

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.

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

Portfolio of foreign orders will ‘remain stable’ at $200bn Rosatom director-general Alexey Likhachev. Russia’s state nuclear energy company Rosatom expects its exports to have increased by 15% this year, director-general Alexey Likhachev was quoted as saying by Russian newspaper Izvestia.

Rosatom’s portfolio of foreign orders is set to remain stable at $200bn (€188bn), “even in the current geopolitical situation”, Likhachev said.

He said the supply of Rosatom products and services abroad is expected to top $10bn this year.

The rise in exports this year is due to contracts Rosatom was already implementing, as well as its supplying of fuel, conversion services, and enriched uranium products, Likhachev said.

Rosatom has avoided sanctions related to Russia’s invasion of Ukraine because of its importance in the supply chain of the global nuclear power industry.

However, many Western governments and customers have been looking to procure alternative nuclear fuel supply so as not to rely on Russia for part of their energy needs.

Date: Thursday, 29 December 2022
Original article: nucnet.org/news/despite-geopolitical-situation-rosatom-expects-exports-to-increase-15-12-3-2022

International Atomic Energy Agency (IAEA) director general Rafael Mariano Grossi says that climate change and the energy crisis has led to more countries seeing nuclear power as a solution, as the IAEA increases its forecast for future nuclear capacity.

Date: Tuesday, 27 September 2022
Original article: world-nuclear-news.org/Articles/IAEA-increases-projection-of-nuclear-power-growth

The "vast majority" of uranium delivered in the USA in 2021 was of foreign origin, according to the US Energy Information Administration (EIA). Uranium inventory held by US brokers and traders has grown for the second consecutive year, and has almost tripled since 2019.

Date: Tuesday, 31 May 2022
Original article: world-nuclear-news.org/Articles/US-brokers-and-traders-increase-uranium-inventorie

"The US uranium mining industry has the personnel and yellowcake processing plants on standby, and is ready to expand into new areas with discoveries that will provide hundreds of years of available uranium resources from a variety of secure sources," says Michael D. Campbell, chairman of the Uranium (Nuclear & REE) Committee of the Energy Minerals Division of the American Association of Petroleum Geologists (AAPG). "So let the drilling and processing begin."

Date: Friday, 25 December 2020
Original article: world-nuclear-news.org/Articles/US-uranium-miners-ready-to-support-nuclear-power,