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Meeting pledges to triple nuclear capacity by 2050 will mean opportunities for all stages of the nuclear supply chain. These opportunities - and associated challenges - were widely discussed at the World Nuclear Fuel Cycle 2024 conference which took place in Almaty, Kazakhstan.

Date: Wednesday, 24 April 2024
Original article: world-nuclear-news.org/Articles/Fuel-cycle-players-explore-opportunities-and-chall

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

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.

Date: Wednesday, 19 April 2023
Original article: neimagazine.com/news/newsukraine-energoatom-and-cameco-finalise-uranium-agreement-10769622

Agreement covers nine reactors at three sites The agreement was signed by Energoatom president Petro Kotin (left) and Cameco president and chief executive officer Tim Gitzel. Canada-based Cameco and Ukraine’s state-owned nuclear operator Energoatom have signed the last agreement needed for a programme to export all of Ukraine’s uranium production for processing in Canada to produce fuel for Ukrainian nuclear power plants.

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.

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.

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.

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.

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.

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.

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.

Date: Saturday, 11 February 2023
Original article: world-nuclear-news.org/Articles/Cameco-reaps-benefits-of-best-ever-fuel-market-fun