The growing uranium supply deficit, currently being accelerated by COVID-19 pandemic related production cuts, has seen the price for uranium skyrocket – making it the world’s best-performing major commodity right now. With the suspension of operations at four notable uranium mines in March and April, the spot price has surged to US$33/lb in May from …
JSC National Atomic Company Kazatomprom has today announced it is extending for one month its reduction in operations due to COVID-19. Kazakhstan’s government last week announced a second two-week lockdown after a national surge in coronavirus cases followed the lifting of an earlier lockdown. Kazatomprom announced in April that it was reducing the number of employees …
The European Commission has mandated its in-house research body, the Joint Research Centre (JRC), to assess whether nuclear power should be considered as a “green” technology under the EU’s sustainable finance taxonomy. Should nuclear power be considered “green” because it is a low-carbon source of energy? Or does the issue of radioactive waste automatically disqualify …
The construction of the second unit of Turkey’s first nuclear power plant Akkuyu has started, Energy and Natural Resources Minister Fatih Dönmez said Friday. Dönmez stated that they aim to put the first unit into operation at the Akkuyu Nuclear Power Plant in 2023. “We plan to commission the second unit in the following year,” …