Filter by tags: Uranium Australia Canada India Clear all tag filters
10 news articles found
“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 uranium mining industry has the personnel and yellowcake processing plants on standby, and is ready to expand into new areas with discoveries that will provide hundreds of years of available uranium resources from a variety of secure sources," says Michael D. Campbell, chairman of the Uranium (Nuclear & REE) Committee of the Energy Minerals Division of the American Association of Petroleum Geologists (AAPG). "So let the drilling and processing begin."
- Source: World Nuclear News
- Date: Friday, 25 December 2020
- Original article: world-nuclear-news.org/Articles/US-uranium-miners-ready-to-support-nuclear-power,
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
The world's supply of uranium is more than adequate to meet projected requirements for the foreseeable future, but investment and technical expertise will be needed to make sure resources can be brought into production in a timely manner, including from mines currently under care and maintenance, according to the latest 'Red Book'.
- Source: World Nuclear News
- Date: Thursday, 13 December 2018
- Original article: world-nuclear-news.org/Articles/Uranium-resources-adequate-but-investment-needed-R
India is engaging with various countries, including Uzbekistan, to procure uranium as part of its plan to create a strategic uranium reserve to ensure long-term security, PTi reported on 24 September. The plan is to have a stockpile of nuclear fuel for its strategic uranium reserve that can sustain India’s reactors for the next five years. Talks are currently being held with Uzbekistan, a senior government official said. An Uzbek delegation visited India in August to discuss the issue in detail. Indian Prime Minister Narendra Modi earlier held bilateral talks with Uzbek president Shavkat Mirziyoyev on the sidelines of the Shanghai Cooperation Organisation Summit in Astana in June, PTI reported citing a senior Ministry of External Affairs official, on condition of anonymity.
- Source: NEI Magazine
- Date: Tuesday, 26 September 2017
- Original article: neimagazine.com/news/newsindia-seeks-to-build-up-uranium-stockpile-5934908
Following an 11-day mission to South Africa, an International Atomic Energy Agency (IAEA) Integrated Regulatory Review Service (IRRS) team said on 15 December that South Africa has a robust regulatory framework for nuclear safety but recommended improvements in the oversight of radiation safety.
- Source: NEI Magazine
- Date: Tuesday, 20 December 2016
- Original article: neimagazine.com/news/newsiaea-recommends-improvement-to-south-africas-regulatory-system-5702054
India announced that procedures for a civil nuclear agreement with Australia for the supply of uranium have been completed following a bilateral meeting between prime minister Narendra Modi and his counterpart Malcolm Turnbull on the sidelines of the G20 Summit in Turkey, reports said.
- Source: NEI Magazine
- Date: Tuesday, 17 November 2015
- Original article: neimagazine.com/news/newsindia-and-australia-conclude-nuclear-agreement-4729712
India plans to set up a strategic uranium reserve to ensure its nuclear plants do not face fuel shortages. "The reserve pool could be anywhere between 5000m tonnes (mt) to 15,000mt which can last for 5-10 years," a senior government official told Indian media. A proposal for stockpiling 5000mt of uranium has been sent to the cabinet for approval but this is likely to increase in future.
- Source: NEI Magazine
- Date: Wednesday, 22 July 2015
- Original article: neimagazine.com/news/newsindia-to-build-strategic-uranium-reserve-4631562