Praise for Trump’s uranium plan – It doesn’t deserve three cheers but it merits two

In the weeks ahead, President Trump will make a final decision on how to revive the all-but-dormant American uranium industry. The expected plan would create a reserve of about 10 million pounds per year of domestically mined uranium and stored in a “Federal Uranium Security Stockpile.” One option on the table is for the Department …

A cheer for the Trump uranium plan

Our sources are telling us that President Trump is nearing a decision on how to revive the all-but-dormant American uranium industry. This proposed plan would create a reserve of domestically-mined uranium and stored in a “Federal Uranium Security Stockpile.” One option on the table is for the Department of Defense to purchase uranium through the …

Trump Panel Urges U.S. to Buy More Uranium From American Miners

A White House task force is recommending that President Donald Trump direct the federal government buy more uranium from domestic producers, according to two people familiar with the matter. The purchase of uranium by the U.S. Defense Department is among the recommendations being made by the U.S. Nuclear Fuel Working Group, comprised of cabinet level …

Egypt’s population growth requires nuclear energy

Population growth and increasing consumption rates, with its demand for energy and water, requires resorting to nuclear energy, Minister of Electricity Mohamed Shaker said during the opening of the fifth Arab Forum on the Prospects of Nuclear Power for Electricity Generation and Seawater Desalination, held in Cairo from December 1 to 4. Shaker said that …

The Saskatchewan Mining Association (SMA) supports Saskatchewan’s Growth Plan, including their support of a globally competitive mining sector

The Saskatchewan Mining Association (SMA) supports Saskatchewan’s Growth Plan The Next Decade of Growth / 2020-2030, including their support of a globally competitive mining sector. “The mining sector continues to be a primary engine of growth for the Saskatchewan economy. By providing a stable framework for growth of the mining sector, Saskatchewan communities, residents and …

The uranium industry wants to be great again, but how long will it take?

Uranium markets have been struggling for several years, and industry commentators have been saying for awhile now that the recovery is coming. But just how close is it? From $US140 highs in 2007, prices shrunk due to the GFC and Japan’s Fukushima disaster and the industry struggled. Uranium prices 2007-2019 (Pic: Bloomberg) In 2019, there …

UAE, Russia to strengthen cooperation in oil, peaceful nuclear energy

The upcoming visit of Russian President Vladimir Putin to the UAE reflects the strong strategic partnership between the two nations and will pave the way for further cooperation in a number of vital sectors, namely in oil and peaceful nuclear energy, said Suhail bin Mohammed Faraj Faris Al Mazrouei, Minister of Energy and Industry. Speaking …

Beijing wants to work with Russia on nuclear power plants in China & wind projects in Arctic

Beijing is seeking greater energy cooperation with Moscow in Russia’s Arctic region, according to Ou Xiaoming, chief representative of China’s State Grid (the national power company). China and Russia are developing deep cooperation in the field of nuclear power and have expansive room for further growth. Russia has rich experience in the production and construction …