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Netherlands-based AMG Critical Materials has established a new company, NewMOX SAS in Grenoble, France, to service the nuclear fuel market. NewMOX is a subsidiary of ALD Vacuum Technologies based in Hanau, Germany. ALD is AMG’s engineering subsidiary focused on vacuum furnace technology, which includes sintering furnace systems enabling the production of commercial nuclear fuel from plutonium and depleted uranium mixed oxides (mox). ALD’s MOX technology has been applied in Germany, the USA, France, Belgium, the UK and recently ALD has been delivering furnace systems to China. ALD inherited the mox technology from Degussa AG, ALD’s former owner (later renamed Evonik AG).
- Source: NEI Magazine
- Date: Wednesday, 10 April 2024
- Original article: neimagazine.com/news/newsamg-establishes-new-company-to-support-mox-production-11669474
Restarting uranium mining in Western Australia could create up to 9000 jobs and produce uranium worth more than AUD1 billion a year, a 12-month inquiry by the state's Chamber of Commerce and Industry has found. It recommends that the state overturn its ban on uranium mining to unlock significant economic benefits.
- Source: World Nuclear News
- Date: Wednesday, 27 March 2024
- Original article: world-nuclear-news.org/Articles/Chamber-calls-for-Western-Australia-to-overturn-ur
Ultra-large nuclear vessel designed to achieve zero emissions, says Beijing
- Source: Nucnet
- Date: Saturday, 06 January 2024
- Original article: nucnet.org/news/china-unveils-plans-for-largest-ever-container-ship-powered-by-thorium-reactor-1-5-2024
ARC Clean Technology Supply Chain Manager, Anthony Jackman says the procurement process for long-lead items for the ARC-100 commercial demonstration unit at Canada’s Point Lepreau Nuclear Generating Station, such as the reactor vessel and intermediate heat exchangers, will begin in 2024. Contract awards are expected in the latter part of 2025 and the procurement schedule for other items will follow, he told “New Brunswick SMRs: A Collaborative Journey Towards Net Zero”. The meeting was a supply chain event for New Brunswick small modular reactor (SMR) industry leaders, government officials and experts hosted by Opportunities New Brunswick.
- Source: NEI Magazine
- Date: Wednesday, 11 October 2023
- Original article: neimagazine.com/news/newsprocurement-of-long-lead-components-to-begin-for-arc-100-smr-11206721
According to the Wall Street Journal (WSJ), Saudi Arabia is considering a Chinese proposal to build a NPP. Citing Saudi sources acquainted with the situation, WSJ said China National Nuclear Corp (SNNS) had submitted a bid to construct a nuclear plant in Saudi Arabia’s Eastern Province, close to the border with Qatar and the United Arab Emirates (UAE).
- Source: NEI Magazine
- Date: Wednesday, 30 August 2023
- Original article: neimagazine.com/news/newssaudi-arabia-reportedly-considers-chinese-bid-for-npp-11105735
Iran has resolved two outstanding inquiries from the International Atomic Energy Agency (IAEA) related to the presence of highly enriched uranium (HEU) particles at several sites. The confidential quarterly report by the IAEA, which is routinely leaked to the press, said inspectors no longer had questions on uranium particles found to be enriched to 83.7% at its underground Fordow facility. This had resulted in tension for the past several months although some resolution was achieved in March following a visit to Tehran by IAEA Director General Rafael Mariano Grossi. Iran had insisted at that time that those particles were a by-product of its current enrichment as particles can reach higher enrichment levels in fluctuations. “The agency informed Iran that, following its evaluation of the data, the agency had assessed that the information provided was not inconsistent with Iran’s explanation ... and that the agency had no further questions on this matter at this stage,” the report said.
- Source: NEI Magazine
- Date: Wednesday, 07 June 2023
- Original article: neimagazine.com/news/newsiaea-resolves-some-outstanding-issues-with-iran-10918237
“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.
- Source: NEI Magazine
- 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
ARC Clean Technology Canada (ARC) has signed a memorandum of understanding (MOU) with Invest Alberta Corporation (IAC) for co-operation in the commercialisation in Alberta of ARC’s advanced Small Modular Reactor (aSMR) technology. The province of Alberta, along with New Brunswick, Ontario and Saskatchewan, has agreed to a joint strategic plan to support SMR development.
- Source: NEI Magazine
- Date: Wednesday, 29 March 2023
- Original article: neimagazine.com/news/newsarc-clean-technology-signs-agreement-on-deployment-of-smrs-in-alberta-10708319
Countries around the world turned to nuclear as a reliable low-carbon energy source as they looked for ways to wean themselves off Russian imports and lower carbon emissions.
New plants began operating, deals for small modular reactors were signed and countries announced ambitious plans for new-build.
On the political front, US president Joe Biden signed into law new legislation that will help to finance struggling nuclear reactors and could save dozens from being shut down early. In Europe, the nuclear industry celebrated when members of the European parliament decided to “follow the science” and support legislation which includes nuclear in the bloc’s sustainable finance taxonomy for green investment.
- Source: Nucnet
- Date: Tuesday, 10 January 2023
- Original article: nucnet.org/news/five-major-developments-that-are-setting-the-stage-for-2023-and-beyond-1-1-2023
In a wide ranging interview for the World Nuclear News podcast, Cameco CEO Tim Gitzel explained: Why the time was right for the Westinghouse deal How Russia's war with Ukraine has led to 'bifurcation' of the nuclear sector Explained Cameco's long-term strategy Looks ahead at the impact of new technologies, including SMRs How nuclear will need to play a key role in getting to net-zero
- Source: World Nuclear News
- Date: Wednesday, 09 November 2022
- Original article: world-nuclear-news.org/Articles/In-Quotes-Cameco-s-Tim-Gitzel-WNN-podcast-on-nucle