Kazatomprom KZAP.KZ, KAPq.L, the world’s No. 1 uranium miner, has started buying the metal on the spot market and may purchase more this year to replenish its stock after the coronavirus pandemic upended the global market, it said on Thursday. Supply disruptions have accelerated the rebalancing of the nuclear fuel market, pushing up the spot price and prompting …
POLAND HAS AFFIRMED IN RECENT weeks its determination to close its power generation gap by building between 6GW and 9GW of new nuclear capacity. However, construction of the first plants will now not start until 2026. The initial plan had been to start construction around 2020 and to have Poland’s first nuclear plant in operation …
All the nuclear fuel has been loaded into the first unit of the Belarusian nuclear power plant. Physical launch operations continue, BelTA learned from Vigen Marukhyan, Head of the Nuclear Safety Regulation Office of the Nuclear and Radiation Safety Department of the Belarusian Emergencies Ministry (Gosatomnadzor), on 20 August. According to the source, as of …
Kazatomprom KZAP.KZ, KAPq.L, the world’s biggest uranium miner, will keep its output reduced by 20% through 2022, it said on Wednesday, in order to help the market recover. “The decision to keep production similar year-over-year, and extend production curtailment into 2022, is indicative of a global uranium market that is still recovering from a long period of …
Chairman of the Nuclear Plants Agency Amgad al-Wakil told Egypt Today that the Egyptian Nuclear and Radiological Regulatory Authority (ENRRA) is expected to issue the permit to construct Dabaa Nuclear Power Station in the second half of 2021. Wakil pointed out that the agency applied for the permit on March 10, 2019, and that it …
Backers of the £20bn Wylfa Newydd nuclear power plant on Anglesey are poised to restart work, as “detailed conversations” get underway with government. Horizon Nuclear Power chief executive Duncan Hawthorne has revealed that conversations with government about a new funding mechanism are ongoing. Enabling work at the site was suspended in January 2019 after Hitachi, …
Unit 5 of the Tianwan nuclear power plant in China’s Jiangsu province has been connected to the grid for the first time. The 1080 MWe domestically-designed ACPR1000 pressurised water reactor achieved the milestone at 19:52 local time on 8 August, China National Nuclear Corporation announced today. The unit, which achieved first criticality on 27 July, …
Hot stuff The covid-19 pandemic has heavily impacted global uranium production, taking around 20% of global capacity offline. This has exacerbated the supply deficit, leading to users running down inventories at an even faster rate. The net effect has been a rising uranium price (up 32% so far in 2020), but the managers of Geiger …
Kenya’s nuclear agency submitted impact studies for a $5 billion power plant, and said it’s on course to build and start operating the facility in about seven years. The government looks to expand its nuclear-power capacity fourfold from a planned initial 1,000 megawatts by 2035, the Nuclear Power and Energy Agency said in a report …
AFTER almost four years of building, the UK’s biggest nuclear plant is nearly 40 per cent complete. The project is Electricite de France’s (EDF) Hinkley Point C, the UK’s first new nuclear power plant in more than 20 years. It is now facing delays as the coronavirus pandemic hampered work on-site and hit supply chains. …
