Uranium Week: Activity Reawakens

News that Kazakhstan intends to extend production reductions through 2021 sparked a return to buying interest in both the spot and term uranium markets last week. -Kazatomprom extends production cuts -Market interest returns after a dead August to date -No new Japanese restarts in 2019 “Kazatomprom does not expect to return to full production until …

Belene project attracts five expressions of interest

Five companies have expressed interest in Bulgaria’s invitation for strategic investment in the construction of Belene nuclear power plant on the Danube River near the Romanian border. According to national newspaper 24 Chasa, China National Nuclear Corporation, Framatome, General Electric, Korea Hydro and Nuclear Power and Rosatom have all applied for the selection process. The …

Rosatom postpones fast reactor project, report says

Rosenergoatom is expected to receive about RUB280 billion (USD4 billion) less in state funding for the construction of new nuclear reactors in Russia owing to the postponement of its fast neutron reactor programme, Russian newspaper Kommersant reported last week, citing anonymous sources. Rosenergoatom is the nuclear power plant operator subsidiary of Russian state nuclear corporation …

Turkey’s Akkuyu nuclear plant in danger due to lack of oversight

Work on Turkey’s first nuclear power plant in the southern coastal area of Akkuyu is being carried out without proper inspections and could lead to disastrous consequences, local geological engineering association head Erkan Demir told pro-Kurdish daily Yeni Yaşam. Reports on the Akkuyu plant’s construction have raised serious fears since it began in 2018, with …

US Giant Manufacturer Is Interested in the Construction of the Belene NPP

US turbine manufacturer General Electric has applied to participate in the construction of the Belene Nuclear Power Plant, Bulgarian Energy Minister Temenuzhka Petkova said. By August 19, which is the deadline for receiving offers, she expects an offer from Russia’s Rosatom, as well, BNR reported. One cannot speak of a Russian project because the site and the …