Filter by tags: Uranium mining Ukraine Russia Clear all tag filters
8 news articles found
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
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
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.
- Source: NEI Magazine
- Date: Wednesday, 15 February 2023
- Original article: neimagazine.com/news/newscameco-signs-major-uranium-supply-deal-with-ukraine-10593236
The IEA’s World Energy Investment report said global energy investment this year is projected to reach $2.4tn (€2.28tn), with the bulk going into renewables and grids.
However, almost half of the increase in capital spending is linked to higher costs due to supply chain pressures instead of bringing additional energy supply capacity or savings.
- Source: Nucnet
- Date: Friday, 24 June 2022
- Original article: nucnet.org/news/global-clean-energy-investment-beats-pre-pandemic-levels-but-growth-insufficient-to-meet-climate-goals-6-4-2022
The global uranium market has not yet been impacted by recent geopolitical events, speakers from uranium suppliers said during a session of the World Nuclear Fuel Conference 2022 in London. However, they agreed that the longer-term future is uncertain but the industry can bring capacity online to avoid any shortages.
- Source: World Nuclear News
- Date: Thursday, 28 April 2022
- Original article: world-nuclear-news.org/Articles/Uranium-miners-ready-to-meet-market-needs,-WNFC-he
Under a national programme, Ukraine will invest 9.1 billion hryvnia ($334m) over the next five years to increase uranium mining and processing facilities.
The government said production at four Ukrainian uranium deposits would total 995 tonnes in 2022 and should rise to 1,265 tonnes in 2026.
It gave no uranium output figure for 2021 but said current production meets around 40% of Ukraine’s needs for nuclear fuel. The rest comes from imports from Russia and the US.
Ukraine’s 15 commercial nuclear power plants, which according to the International Atomic Energy Agency provided about 51% of the country’s electricity production in 2020, need 2,200 to 2,400 tonnes of uranium per year, the government said.
- Source: Nucnet
- Date: Tuesday, 04 January 2022
- Original article: nucnet.org/news/gov-t-aims-to-increase-uranium-production-to-fully-cover-nuclear-needs-1-1-2022
Energoatom and Cameco have signed a memorandum of cooperation and understanding as part of the Ukrainian nuclear power plant operator's strategy to diversify its nuclear fuel supply. The document was signed yesterday at the uranium producer's headquarters in Saskatoon, Canada.
- Source: World Nuclear News
- Date: Tuesday, 27 August 2019
- Original article: world-nuclear-news.org/Articles/Ukraine-further-diversifies-fuel-supply-with-Canad
Energoatom and Cameco have signed a memorandum of cooperation and understanding as part of the Ukrainian nuclear power plant operator's strategy to diversify its nuclear fuel supply. The document was signed yesterday at the uranium producer's headquarters in Saskatoon, Canada.
- Source: World Nuclear News
- Date: Friday, 23 August 2019
- Original article: world-nuclear-news.org/Articles/Ukraine-further-diversifies-fuel-supply-with-Canad