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In an interview for the World Nuclear News podcast NexGen Energy CEO and President Leigh Curyer set out the path ahead for what he calls their world-leading project in Canada, and gave his overview of the uranium sector's prospects.
- Source: World Nuclear News
- Date: Tuesday, 19 March 2024
- Original article: world-nuclear-news.org/Articles/In-Quotes-NexGen-Energy-s-Leigh-Curyer-on-the-Rook
South Korea’s Kepco Nuclear Fuel (KNF) and GS Engineering & Construction (GS E&C) are to collaborate with Denmark’s Seaborg Technologies to investigate the feasibility of developing a low enriched uranium (LEU) fuel salt production facility in South Korea. The companies see fluoride fuel salt supply as important for generation 4 advanced reactors.
- Source: NEI Magazine
- Date: Saturday, 24 June 2023
- Original article: neimagazine.com/news/newssouth-korea-and-denmark-to-collaborate-on-leu-fuel-salt-production-10961645
The nuclear market will be able to respond as it transitions away from the oversupply of recent years - but decisions to increase capacity in the front-end of the fuel cycle will need to be taken soon, according to speakers at World Nuclear Fuel Cycle 2023 (WNFC 2023).
- Source: World Nuclear News
- Date: Friday, 21 April 2023
- Original article: world-nuclear-news.org/Articles/Market-dynamics-under-spotlight-at-WNFC-2023
Japan, the UK, Canada, the US and France have agreed to co-operate to reduce dependence on Russia as a supplier of nuclear materials and technology. Their statement was issued at the Nuclear Energy Forum being held in Japan’s Sapporo alongside the meeting of Group of Seven (G7) ministers on climate, energy and environment. It was published on the UK government website.
- Source: NEI Magazine
- Date: Thursday, 20 April 2023
- Original article: neimagazine.com/news/newsfive-g7-nations-aim-to-cut-dependence-on-russian-nuclear-technology-10770200
Four potential locations across Estonia, which could accommodate a nuclear power plant, have been identified by a finance ministry analysis.
- Source: NEI Magazine
- Date: Friday, 14 April 2023
- Original article: neimagazine.com/news/newsestonias-finance-ministry-identifies-four-possible-npp-sites-10756091
“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
In the latest edition of Uranium Resources, Production and Demand, known as the Red Book, the NEA says uranium production cuts deepened suddenly with the onset of the Covid-19 pandemic in early 2020.
Overall, world uranium production decreased from 53,501 tonnes of uranium (tU) in 2018 to 47,342 tU in2020 as producers instituted production cuts, followed by a slight increase to 47,472 tU in 2021. These planned reductions were greatest in Canada and Kazakhstan.
As of 1 January 2021, the annual production capacity of idled mines amounted to over 29,400 tU. These operations, which have all the necessary licences, permits and agreements for operation and have produced commercially in the past, could potentially be brought back into production relatively rapidly given appropriate market conditions.
- Source: Nucnet
- Date: Friday, 07 April 2023
- Original article: nucnet.org/news/global-production-down-12-with-kazakhstan-by-far-world-s-largest-producer-4-4-2023
The US Department of Energy’s (DOE’s) Savannah River Site (SRS) says the H Canyon facility recently initiated actions to recycle a small amount of used highly enriched uranium (HEU) stored in the Site’s H Area in order to down-blend it into high-assay low enriched uranium (HALEU). “The projected demand for HALEU far exceeds the current supply,” said HALEU Programme Manager Jeff Hasty for Savannah River Nuclear Solutions, the site’s managing and operating contractor.
- Source: NEI Magazine
- Date: Wednesday, 05 April 2023
- Original article: neimagazine.com/news/newshaleu-production-planned-for-savannah-river-site-as-clean-up-continues-10731144
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
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