The global uranium sector is responding to growing interest in pursuing new nuclear energy capacity around the world. The new report Uranium 2026: Resources, Production and Demand (commonly known as the “Red Book”), published jointly by the OECD Nuclear Energy Agency (NEA) and the International Atomic Energy Agency (IAEA), finds that expenditures in uranium exploration and mine development …
Data centers have helped push up copper prices to record highs. Some commodity market participants think they can drive uranium prices higher, too. The spot price of U3O8, a lightly processed concentrate known as yellowcake that is used to make fuel for nuclear reactors, is at its highest since early February, according to market-data firm UxC. …
The IAEA’s 181 Member States gather in Vienna this week for the 70th General Conference, with a wide-ranging programme of discussions, a Scientific Forum on expanding access to cancer care, side events, exhibitions and visits. See what to expect in the week ahead. Representatives from the IAEA’s 181 Member States are convening in Vienna, Austria …
The Nuclear Regulatory Commission has formally docketed a license application from Raven-Flint Nuclear Corp. for a uranium conversion pilot plant. It’s a significant regulatory milestone for the startup, which was previously selected by the Department of Energy for its Nuclear Energy Launch Pad program. NRC formally dockets Raven-Flint license application The NRC’s decision to docket Raven-Flint’s …
The Czech Republic’s State Office for Nuclear Security has given the go-ahead for Westinghouse’s fuel to be used at ČEZ’s VVER-1000 units at Temelín Nuclear Power Plant. The new fuel assemblies are due to be loaded into unit 1 during its planned shutdown later this year. The country’s nuclear power plant operator ČEZ began work to diversify its …
The CEO of French fuel cycle company Orano says he expects the company will be producing “multi-million pounds” of uranium per year from its operations in Mongolia by the end of the decade, as senior leaders discussed advances in the entire nuclear value chain at World Nuclear Symposium 2026. “I bet that the next multi-million pounds …
Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) (“Purepoint”) today reported assay results from the 2026 winter drill program at the Nova Target on the 50/50 Dorado Joint Venture (“Dorado” or the “Project”) with IsoEnergy Ltd. Hole NV26-05 returned 1.65% U₃O₈ over 0.3 metres from 390.4 metres at the unconformity. The nine-hole winter program intersected uranium …
Researchers at Argonne National Laboratory in Illinois completed a 14-year campaign to help inform the safety features of new advanced reactor designs. Earlier this year, researchers at Argonne National Laboratory (ANL) in Illinois completed a 14-year campaign to help inform the safety features of new advanced reactor designs. The team performed an exhaustive list of experiments that …
The investments include long term deals to keep a Finnish nuclear power plant online along with other clean energy investments planned for 2027-28. Google is planning to invest over $15 billion (13 billion euros) in digital infrastructure to power its data center developments in Finland and Europe more broadly, the global tech conglomerate said Wednesday. The funding …
The U.S. Department of Energy’s Office of Energy Dominance Financing today announced the financial close of a loan of up to $1.9 billion to NextEra Energy to help finance the restart of the Duane Arnold Energy Center in Linn County, Iowa. The U.S. Department of Energy’s (DOE) Office of Energy Dominance Financing (EDF) today announced …