‘Buy America’ uranium petition prompts fuel buyers to re-examine sourcing

A petition filed by two US uranium-producing companies that asks the Trump administration to require that 25% of US reactor operator uranium requirements be met with domestically sourced material will prompt many US nuclear fleet fuel buyers to re-examine their near- and long-term uranium sourcing strategies, an industry consultant said in a January 29 interview. …

EDF proposes shutting down some French reactors from 2029

PARIS (Reuters) – French utility EDF wants to keep most of its nuclear reactors running until at least 2029, a plan that could delay the government’s goal of reducing the share of atomic power in the country’s energy generation. Philippe Sasseigne, EDF’s head of nuclear generation, said on Tuesday the state-controlled company wanted to keep …

Westinghouse to Continue Nuclear Fuel Delivery to Ukraine Through 2025

BRUSSELS–(BUSINESS WIRE)–Westinghouse Electric Company today announced that it has signed a nuclear fuel contract extension with Ukraine’s State Enterprise National Nuclear Energy Generation Company (SE NNEGC) Energoatom. The contract includes nuclear fuel deliveries to seven of Ukraine’s 15 nuclear power reactors between 2021 and 2025, expanding and extending the existing contract for six reactors that was …

France’s Flamanville nuclear reactor startup schedule is tight

* ASN says French nuclear safety now better than year ago * But Flamanville documentation few months behind schedule (Adds ASN comments) By Geert De Clercq PARIS, Jan 29 (Reuters) – The start-up calendar is “tight” regarding French state-controlled utility EDF’s nuclear reactor which is under construction in Flamanville, northern France, said the head of …

Uranium veteran expects price stalemate to crack in 2019

(Reuters) – Uranium producers’ deliberate cuts to production should finally begin to prop up prices next year as reserves of the rare metal dwindle and nuclear power generators rush to lock-in long-term contracts, according to sector veteran John Borshoff. Shares in uranium producers briefly rose late last year after the world’s biggest listed producer Cameco …

‘There has never been a bigger disconnect between price and value’ – VRIC 2018

VANCOUVER (miningweekly.com) – “The disconnect between price and value is as stunning as I’ve ever seen,” founder of The Stock Catalyst Report Michael Alkin told attendees at the Vancouver Resource Investment Conference (VRIC) on Sunday. Industry participants seemed to agree. “If you’re on the fence on getting into uranium… Do you want it for free? The value proposition is so compelling …

Japan’s nuclear fuel cycle policy suffers another setback

Completion of key facility delayed yet again amid charges of sloppy management TOKYO/AOMORI — Japan’s central government is finding itself in a bind over its long-standing nuclear fuel cycle policy, due to repeated delays in the completion of a key facility, two and a half decades after construction work began. The policy suffered another setback …