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Australia has formally pledged to reduce its greenhouse gas emissions by 43% below 2005 levels by 2030. Prime Minister Anthony Albanese said the government will support a transition to renewable energy, but members of the shadow cabinet are signalling a willingness to include nuclear in the energy debate and a recent poll has found widespread public support.

Date: Saturday, 18 June 2022
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Boss Energy facility has been shuttered since 2013 Production at the mine, which has been has been mothballed since 2013, is expected to begin by December 2023. Courtesy Boss Energy. Uranium production will resume by the end of next year at the Honeymoon uranium mine in northeast South Australia, the owner has said.

Boss Energy announced it had signed off on a AUD113m (USD82m, €76m) upgrade of the mine near Broken Hill, after previous plans to revive the mine were shelved in 2013 because of low uranium prices and high production costs.

Production at the mine, which has been has been mothballed since 2013, is expected to begin by December next year, with the mine forecast to produce 2.5 million pounds of uranium per year by 2026.

Uranium prices this week hovered around USD45/lb U308 after topping out near USD65/lb in April. Uranium prices reached an all-time low in 2001 of USD7/lb U308.

Date: Saturday, 04 June 2022
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The Canadian Nuclear Association's President and CEO John Gorman explains why the country's nuclear sector is well set for the future and says he thinks "soft issues" rather than technology are now the barrier to reaching net-zero. In Focus sees Francois Morin providing a guide to the nuclear industry in China, while the news round-up considers the impact of recent elections.

Date: Thursday, 02 June 2022
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The board of Boss Energy Limited has approved the final investment decision (FID) for the development of the Honeymoon in-situ leach (ISL) uranium project in South Australia. The Perth-based company said it will now accelerate engineering, procurement and construction, with production set for the final quarter of 2023.

Date: Thursday, 02 June 2022
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An International Atomic Energy Agency (IAEA) Integrated Review Service for Radioactive Waste and Spent Fuel Management, Decommissioning and Remediation (Artemis) team on 25 May concluded a 10-day mission to Lithuania. The team said Lithuania’s national programme for managing radioactive waste and for decommissioning demonstrated a commitment to safety, while also noting areas where it could be further enhanced.

Date: Wednesday, 01 June 2022
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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
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Lithuania's national programme for managing radioactive waste and decommissioning has demonstrated a commitment to safety, a team of experts from the International Atomic Energy Agency (IAEA) has concluded. However, it noted areas where safety could be further enhanced.

Date: Friday, 27 May 2022
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‘We will address vulnerability of our own energy self-sufficiency’ Japan’s prime minister Fumio Kishida spoke to an audience in the City of London. Courtesy PM’s Office of Japan. Japan’s prime minister Fumio Kishida has backed the restart of reactors that were shut down following the 2011 Fukushima disaster, saying Tokyo will use nuclear power to help reduce its own and other countries’ dependence on Russian energy.

Mr Kishida, facing elections in July and rising energy prices that are squeezing voters’ budgets, said nuclear would be part of the country’s future energy policy.

He told an audience in London’s financial district that Japan would address the “vulnerability of our own energy self-sufficiency” by broadening where it buys energy from, promoting renewables and using nuclear power to diversify its sources of generation.

“We will utilise nuclear reactors with safety assurances to contribute to worldwide reduction of dependence on Russian energy,” he said.

Date: Tuesday, 10 May 2022
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The challenge for the nuclear industry is to reach those influential policymakers and investors whose buy-in will be essential if nuclear is to succeed, writes Eric Meyer, the founder of Generation Atomic, which aims to "energise and empower today’s generations to advocate for a nuclear future".

Date: Wednesday, 27 April 2022
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Both companies have exploration assets and advanced development projects Vimy Resources owns the Mulga Rock uranium project in Western Australia. Courtesy Vimy Resources. Australian uranium developers Deep Yellow and Vimy Resources have agreed to a merger that is expected to create a new global uranium player with one of the largest uranium mineral resource inventories globally and two advanced, world class mining assets.

Under the terms of the merger Deep Yellow will acquire 100% of the Vimy shares on issue. Vimy shareholders will receive 0.294 Deep Yellow shares for every Vimy share held on the scheme record date.

Upon implementation of the scheme, Deep Yellow shareholders will hold 53% of the Merged Group and Vimy shareholders will hold 47%.

The merged group is estimated to have a market capitalisation of approximately AUD658m ($494m, €446m), cash and equivalents of approximately AUD106m and no balance sheet debt.

Date: Saturday, 02 April 2022
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