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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.
- Source: World Nuclear News
- 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.
- 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
Cameco said on Monday (27 March) that past court rulings require the CRA to refund all CAD780m the company has been seeking in a dispute over its transfer pricing transactions for the 2007-2013 tax years.
Cameco said a series of court decisions that were “completely and unequivocally” in Cameco’s favour for the 2003, 2005 and 2006 tax years determined that the income earned by Cameco’s foreign subsidiary from the sale of non-Canadian produced uranium was not taxable in Canada.
Cameco said the CRA had issued revised reassessments for the 2007 to 2013 tax years that will result in it being refunded CAD300m, consisting of CAD89m in cash and CAD211m in letters of credit.
- Source: Nucnet
- Date: Wednesday, 29 March 2023
- Original article: nucnet.org/news/uranium-company-urges-canada-to-return-full-cad-780-million-in-tax-dispute-3-2-2023
The Canada Revenue Agency (CRA) has issued revised reassessments that will result in the Canadian company being refunded a total of some CAD300 million (USD219 million) - CAD89 million in cash and CAD211 million in letters of credit - but the company's broader tax dispute with the CRA continues.
- Source: World Nuclear News
- Date: Tuesday, 28 March 2023
- Original article: world-nuclear-news.org/Articles/Cameco-to-receive-CAD300-million-tax-refund
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