Russia’s controversial floating nuclear power plant, the Akademik Lomonosov, has been fully commissioned at a port in Siberia’s Far East, despite widespread environmental and safety concerns, the nuclear utility Rosenergoatom reported on Friday. In a statement, Andrei Petrov, the company’s head, said that that construction of the floating plant “could be considered complete,” and the Akademik …
The Uranium Committee of the Energy Minerals Division of the American Association of Petroleum Geologists just released their draft 2020 Annual Report last week and the prices and supplies of U look pretty good. The Uranium Committee monitors the global uranium industry activities, rare earth metals, and the production of electricity from nuclear power, because these drive uranium …
In the uranium market, there are three large western converters where most trading and physical delivery of material take place: Cameco’s Port Hope (“CMC”) in Canada, ConverDyn’s Metropolis (“CVD”) in the United States and Orano’s Comurhex (“CHX”) in France. Historically, uranium for delivery at each location was priced relatively tightly (say $0.10 – $0.50) with …
US domestic production of uranium concentrate plunged 89% to 174,000 pounds of U3O8 (triuranium octoxide) last year, according to the latest annual report published by the US Energy Information Administration (EIA). This also represents a steep decline compared to the 4.89 million pounds the US produced five years earlier. The production of uranium concentrate is …
Today, U.S. Senator John Barrasso (R-WY), chairman of the Senate Committee on Environment and Public Works (EPW), and Sens. Martin Heinrich (D-NM), Lisa Murkowski (R-AK), Joe Manchin (D-WV), Mike Braun (R-IN), Tom Udall (D-NM), Kevin Cramer (R-ND), Mike Enzi (R-WY), Tom Cotton (R-AR), and Lindsey Graham (R-SC) sent a letter to Department of Commerce Assistant …
Global Atomic Corporation (“Global Atomic” or the “Company”), (TSX: GLO, OTCQX: GLATF, FRANKFURT: G12), the multi-asset development company with cash flow from the BST facility in Turkey and one of the world’s premium uranium development assets, at the Dasa Project in the Republic of Niger, is pleased to report on the publication and filing of …
FISSION URANIUM CORP.(“Fission” or “the Company”) has announced today that Paul Charlish has left the Company and Ryan Cheung has accepted the position of Interim Chief Financial Officer and Corporate Secretary of the Company effective May 20, 2020. The company thanks Mr. Charlish for his service and wishes him the best in his future endeavours. …
Uranium mining hopefuls are fond of tables showing how many reactors are operating around the world and — even more exciting — how many are in construction, being planned or being thought about. The picture from the 2020 annual report of the Paris-based Nuclear Energy Agency (NEA) reveals a situation where, yes, there are more …
Plant Vogtle in Georgia installs more Westinghouse reactors while Oregon-based NuScale awaits final approval of its small modular reactor design There are 53 nuclear reactors currently under construction around the world. Only two are in the United States, once the world’s leader in nuclear energy development. And those two reactors represent expansions of a preexisting …
Work on Units 2-4 was briefly halted after pandemic but have now resumed said FANR. Abu Dhabi: Construction at the Barakah Nuclear Plant continues to remain on track according to the Federal Authority for Nuclear Regulation (FANR), with the COVID-19 pandemic causing no major disruptions to the site. “The construction of Units 2-4 were halted …