Summary Global uranium supply is decreasing, and the long-term demand is increasing. Cameco is testing the depth of the spot market with significant purchases to fulfill long-term delivery commitments. Cameco is one of the few companies that remain consistently cash flow positive in the industry. Energy Fuels’ spare capacity makes them an interesting investment in …
Miguel Arias Cañete and Ali Akbar Salehi meet in Tehran (Image: European Union/EC-Audiovisual Service) The European Commission and the Atomic Energy Organisation of Iran (AEOI) have confirmed their continuing commitment towards implementation of the Joint Comprehensive Plan of Action (JCPOA), following a visit by European commissioner for climate action and energy Miguel Arias Cañete to Tehran. …
Russia’s got a floating nuclear plant on a barge, and it’s heading for the Bering Strait — just a short hop from Alaska. The “Akademik Lomonosov,” according to a statement from Russian nuclear energy company Rosatom, docked in the Russian port of Murmansk on Saturday (May 19). There it will receive its supply of nuclear fuel. Tugboats will …
The No. 3 reactor, foreground, is under construction at the Shimane nuclear power plant in Matsue, Shimane Prefecture, on May 14. Seen in the background are, from left, the No. 1 and the No. 2 reactors. (Satoru Ogawa) Chugoku Electric Power Co. on May 22 took the first step toward the start of operations of …
Uranium Participation Corp. has entered into an agreement with a syndicate of underwriters led by Cormark Securities Inc. and Cantor Fitzgerald Canada Corp., and including TD Securities Inc. and BMO Capital Markets, pursuant to which the underwriters have agreed to purchase, on a bought deal basis, 4.88 million common shares of the company at a …
Japan’s nuclear regulator has resumed its review of an under-construction nuclear fuel reprocessing plant, following a suspension of 8 months because of a maintenance problem discovered last summer. The Nuclear Regulation Authority on Thursday resumed its review of the plant in Rokkasho Village in Aomori Prefecture. The resumption came after the plant’s operator, Japan Nuclear …
PRAGUE (Reuters) – The Czech government has postponed a decision on building new nuclear units, saying it needed more time to evaluate the impact on its budget and find out EU views on state aid for such a project. The Industry and Trade Ministry, which is in charge of energy policies, said on Thursday it …
Rosatom, the Russian state nuclear corporation, yesterday signed a series of agreements with overseas companies during the Atomexpo conference and exhibition being held this week in Sochi, Russia. The agreements, with Chile, China, Cuba, Finland, Hungary, Iran, Italy, Kazakhstan, Saudi Arabia, Serbia, Spain and Zambia, include the engineering and medical sectors, among others. Rosatom and …
Cape Town – Eskom is continuing with front-end planning for a nuclear build programme, Loyiso Tyabashe, senior manager of nuclear new build at Eskom, said at African Utility Week on Thursday. During a discussion on nuclear energy, Professor Anton Eberhard of the University of Cape Town asked Tyabashe why Eskom was still focusing on nuclear …
There’s one commodity that’s down three quarters from its 2011 level, and even more from its 2007 peak. But it appears to have found a base, moving sideways for the last year. With supply being slashed and steadily growing demand, it has the potential to rocket in future. The commodity in question is uranium. A …