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“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 first uranium ore from the McArthur River mine has now been milled and packaged at the Key Lake mill, marking the achievement of initial production as the facilities transition back into normal operations.
- Source: World Nuclear News
- Date: Friday, 11 November 2022
- Original article: world-nuclear-news.org/Articles/First-production-from-restarted-Canadian-operation
The US Department of Energy’s (DOE’s) National Nuclear Security Administration (NNSA) says it has removed 45 kilograms of highly enriched uranium (HEU) from Japan and returned it to the USA. Fulfilling a commitment made at the 2016 Nuclear Security Summit, NNSA and Japan’s Ministry of Education, Culture, Sports, Science and Technology (MEXT) have removed all HEU from the Kyoto University Critical Assembly (KUCA).
- Source: NEI Magazine
- Date: Saturday, 13 August 2022
- Original article: neimagazine.com/news/newsus-removes-highly-enriched-uranium-from-japan-9924651
A second campaign to repatriate high-enriched uranium (HEU) from a research reactor in Japan to the USA has been completed, bringing to an end a three-year joint effort to transfer 45 kg of the material as part of shared non-proliferation goals.
- Source: World Nuclear News
- Date: Friday, 12 August 2022
- Original article: world-nuclear-news.org/Articles/Cooperative-effort-sees-Japanese-HEU-transfer-comp
JSC Kazatomprom has not experienced any issues or restrictions affecting the supply of its products to customers around the world, but is working to reinforce its alternative Caspian Sea route, the company said in its quarterly update. Uranium production was down year-on-year but its 2022 guidance remains unchanged.
- Source: World Nuclear News
- Date: Tuesday, 02 August 2022
- Original article: world-nuclear-news.org/Articles/Kazatomprom-feels-COVID-impact-but-shipments-conti
US-based Holtec International has announced that the US Nuclear Regulatory Commission (NRC) has issued the final environmental impact statement (EIS) for its proposed HI-STORE consolidated interim storage facility (CISF) for used nuclear fuel in Southeastern New Mexico.
- Source: NEI Magazine
- Date: Wednesday, 20 July 2022
- Original article: neimagazine.com/news/newsus-nrc-issues-eis-for-holtecs-interim-storage-facility-9860904
It will maintain a balanced and disciplined approach to supply decisions in the early stages of a security of supply-driven market transition, CEO Tim Gitzel said in the Canadian company's quarterly results webinar. The company is on track to restart its Canadian operations but is delaying deliveries from its Kazakh operations until a new shipping route is finalised.
- Source: World Nuclear News
- Date: Friday, 06 May 2022
- Original article: world-nuclear-news.org/Articles/Cameco-promises-patience-as-uranium-market-realign
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
The completion of remediation works at the former uranium legacy sites in Shekaftar and Min-Kush, in the Kyrgyz Republic, “brings a major environmental benefit for Central Asia’s most populous region and secures the sustainability of the sites for years to come,” the European Bank forReconstruction and Development (EBRD) said on 28 March.
- Source: NEI Magazine
- Date: Friday, 01 April 2022
- Original article: neimagazine.com/news/newsuranium-legacy-sites-remediated-in-kyrgyz-republic-9591829