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 …
By now, more Japanese have died from the closing of Japan’s nuclear power plants following the 2011 Tohoku quake than from the tsunami and the earthquake combined, which was about 20,000 people. Of course, no one has died from any radiation released from the reactor, and no one ever will. There just wasn’t enough dose …
U.S. Energy Secretary Rick Perry said on Saturday that conversations with Saudi Arabia on a nuclear program are going forward. The world’s top oil exporter had said it wanted to use nuclear power to diversify its energy mix. It wants to go ahead with a full-cycle nuclear program, including the production and enrichment of uranium …
A big step for decreasing greenhouse gas emissions and air pollution came this week from Poland. A chemicals company there called Synthos has begun the process to commission a small nuclear power plant from GE Hitachi Nuclear Energy. The plant will only have a capacity of 300 MW, but this is enough for its specific purpose. This nuclear plant …
Russian President Vladimir Putin invited Namibian President Hage Gottfried Geingob to establish cooperation in production of uranium fuel. According to the Russian leader the development of mineral resources, in particular, uranium resources of Namibia could be an important part of the interaction in the energy sector. “Russia ranks fifth in the world among producers of …
The operation of the Koeberg nuclear power plant will be extended by 20 years and a nuclear new build programme will be launched as part of South Africa’s energy plans for the next decade. The plans were approved yesterday by the country’s government. South Africa’s long-term energy plans are outlined under the Integrated Resource Plan (IRP), …
The nation asked its major utility to make plans for six huge reactors. After years of backing away from nuclear power, France suddenly wants to build six huge reactors. This week Le Monde reported that the government asked EDF, the country’s main state-controlled energy company, to work up plans to build three new nuclear plants, each with …
US President Donald Trump granted a 30-day extension to the deadline for the delivery of the recommendations of a working group considering ways to support US uranium miners and the nuclear energy industry overall, a US Department of Commerce spokesman said Tuesday. The recommendations of the White House Nuclear Fuel Working Group had been expected …
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 …
Kenya, Egypt, Ghana, Morocco, Niger, Nigeria and Sudan have already engaged with the International Atomic Energy Agency to assess their readiness to embark on a nuclear programme. Senior nuclear stakeholders from international and African companies and government agencies will gather at the 9th edition of Nuclear Business Platform, being held at the Mövenpick Nairobi Hotel on …
