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10 news articles found
Uranium prices have hit their highest in more than 16 years
- Source: Nucnet
- Date: Friday, 26 January 2024
- Original article: nucnet.org/news/denison-and-orano-jv-to-restart-mining-operations-at-mcclean-lake-1-4-2024
France and Kazakhstan have pledged cooperation on minerals and the nuclear fuel cycle, while in Uzbekistan there was agreement to raise the level of bilateral relations, during official visits by President Emmanuel Macron this week. The French president was accompanied by a large delegation including representatives from French industry.
- Source: World Nuclear News
- Date: Saturday, 04 November 2023
- Original article: world-nuclear-news.org/Articles/Agreements,-declarations-mark-Macron-visits-to-Kaz
EU supply agency also warns of continued dependence on Moscow for VVER nuclear fuel
- Source: Nucnet
- Date: Friday, 20 October 2023
- Original article: nucnet.org/news/97-of-europe-s-natural-uranium-comes-from-overseas-but-russia-deliveries-fall-10-4-2023
Kazakhstan’s National Nuclear Company Kazatomprom has delivered another consignment of fuel assemblies to China from its Kazakh-Chinese fuel plant, Ulba-TVS. The founders of the joint venture company were the Kazatomprom subsidiary Ulba Metallurgical Plant (UMZ) with 51% and CGNPC Uranium Resources Company Limited (CGNPC-URC - part of China General Nuclear Power Group - CGN) with 49%.
- Source: NEI Magazine
- Date: Thursday, 19 October 2023
- Original article: neimagazine.com/news/newskazakhstan-delivers-more-fuel-assemblies-to-china-11228888
Kazakhstan's nuclear fuel company, Kazatomprom, has delivered to China a second batch of low enriched uranium fuel totalling more than 30 tonnes manufactured by the Ulba-FA Kazakh-Chinese joint venture. Ulba-FA began operation in November 2021, after it was certified by the owner of the AFA 3G fuel assembly production technology, French Framatome, and recognised as a certified nuclear fuel supplier by the end user, China General Nuclear Power’s CGNPC-URC. The joint venture was founded by Ulba Metallurgical Plant (a subsidiary of Kazatomprom, which has a 51% stake) and CGNPC-URC, which has a 49% stake.
- Source: NEI Magazine
- Date: Saturday, 03 June 2023
- Original article: neimagazine.com/news/newskazatomprom-delivers-second-batch-of-nuclear-fuel-to-china-10911681
Romainia’s nuclear utility SN Nuclearelectrica SA (SNN) says it put into operation its Feldioara Branch during January-March as part of its strategy for development of an integrated nuclear fuel cycle.
- Source: NEI Magazine
- Date: Wednesday, 12 April 2023
- Original article: neimagazine.com/news/newsromania-launches-integrated-fuel-cycle-as-kazakhstan-delivers-uranium-10747766
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
2022 has been a "transformative" year for the company, CEO Tim Gitzel said, with record long-term contracting, the resumption of production at McArthur River and Key Lake, an increase in its ownership of Cigar Lake and its joint acquisition of Westinghouse. The company reported net earnings of CAD89 million (USD66.5 million) for the year.
- Source: World Nuclear News
- Date: Saturday, 11 February 2023
- Original article: world-nuclear-news.org/Articles/Cameco-reaps-benefits-of-best-ever-fuel-market-fun
The official opening of a new fuel assembly plant at the Ulba Metallurgical Plant, in Ust-Kamenogorsk, Kazakhstan, was marked today at a ceremony attended by high-level representatives from Samruk-Kazyna JSC, NAC Kazatomprom JSC, UMP JSC, China Atomic Energy Authority, China General Nuclear Power Corporation, Framatome, and the East Kazakhstan regional administration. The plant is a Kazakh-Chinese joint venture and will supply fuel to China General Nuclear subsidiary CGNPC-URC.
- Source: World Nuclear News
- Date: Thursday, 11 November 2021
- Original article: world-nuclear-news.org/Articles/Joint-venture-fuel-assembly-plant-opens-in-Kazakhs
The pandemic has shown the resilience of the nuclear industry to act responsibly, both as a supplier of energy and as an employer, the head of the world's biggest uranium producer said today. In his address to delegates at the World Nuclear Fuel Cycle forum, Kazatomprom CEO Galymzhan Pirmatov said the wellbeing of the company's 20,000 employees was his first priority.
- Source: World Nuclear News
- Date: Thursday, 15 April 2021
- Original article: world-nuclear-news.org/Articles/Kazatomprom-put-health-before-profit-during-pandem