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16 news articles found
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
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
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
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
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
State nuclear company Kazatomprom, the world’s largest producer and seller of natural uranium, said the shipment was of uranium it owns with the Inkai joint venture with Canadian uranium miner Cameco.
The Trans-Caspian International Transport Route was originally developed in 2018 to mitigate the risk should the usual primary route via St Petersburg in Russia be unavailable.
The alternative route was developed because the Port of St Petersburg was temporarily unavailable to some categories of nuclear material when the city was to host football matches as part of the 2018 World Cup.
- Source: Nucnet
- Date: Thursday, 22 December 2022
- Original article: nucnet.org/news/uranium-shipment-arrives-in-canada-via-non-russian-route-12-3-2022