Geopolitical Risk and Uranium Mining: A Quick Overview

The conflict in Ukraine shines a light on both the pivotal role of geopolitics in uranium supply and the importance of geopolitical stability. Conflict in Eastern Europe has had a significant impact on uranium prices, putting up to 16.5 percent of global supply at risk. This is not the first time geopolitical tensions have impacted the uranium market, …

Wylfa could get three new nuclear reactors as Boris Johnson ‘enthusiastic’ about accelerating plans

Wylfa on Anglesey could get three new nuclear reactors as the Prime Minister is said to be ‘enthusiastic’ about accelerating plans in order to reach the UK’s future net-zero targets and close an energy black hole. US nuclear company Westinghouse has put together a consortium with construction group Bechtel to revive plans for two nuclear …

Nigeria moving ahead on nuclear power plant plan

The Director General of the Nigerian Nuclear Regulatory Authority (NNRA), Yau Idris, said that agreements had been signed with a number of other countries’ regulators as plans proceed for a proposed four unit plant. Speaking at the Nigerian International Energy Summit in Abuja earlier this month, Idris said that Nigeria had had a small nuclear …

Barrasso Leads Bill to Ban Russian Uranium Imports

U.S. Senator John Barrasso (R-WY), ranking member of the Senate Energy and Natural Resources Committee, was joined by Senators Cynthia Lummis (R-WY), Roger Marshall (R-KS) and Kevin Cramer (R-ND) in introducing legislation to ban imports of Russian uranium. “The time is now to permanently remove all Russian energy from the American marketplace,” said Senator Barrasso. …

BHEL despatches its 42nd Nuclear Steam Generator to NPCIL for installation at Rajasthan Atomic Power Project

Bharat Heavy Electricals Limited (BHEL) has achieved a major milestone with the despatch of its 42nd Nuclear Steam Generator to the Nuclear Power Corporation of India Ltd (NPCIL). The steam generator, to be installed for a 700 MWe unit at NPCIL’s Rajasthan Atomic Power Project (RAPP), was flagged off from BHEL’s Trichy plant in the …

Finnish EPR starts supplying electricity

Unit 3 of Finland’s Olkiluoto nuclear power plant was connected to the national grid on 12 March and has started supplying electricity, operator Teollisuuden Voima Oyj (TVO) announced. The 1600 MWe EPR is scheduled to enter regular electricity production in July. Olkiluoto 3 (OL3) attained first criticality on 21 December, after which its power output …