Sweden moves to lift uranium mining ban

Sweden’s Climate and Environment Minister Romina Pourmokhtari has announced the launch of an investigation to abolish the country’s ban on uranium mining. The move was welcomed by Australia-based Aura Energy, which hopes to extract uranium as a by-product from its 100%-owned Häggån polymetallic project in Sweden. On 16 May 2018, the Swedish parliament passed an …

France’s $1.6 billion uranium deal with Mongolia faces delays

A $1.6 billion uranium mining deal between France and Mongolia that is part of French efforts to diversify supplies to power its fleet of nuclear reactors is running into political hurdles. A debate about protecting strategic resources in Mongolia risks delaying the finalization of the agreement until after elections in June, according to two people …

Uranium developers say supply jolt is boosting new projects

ranium project developers see a stronger outlook for prices and supply pacts after the world’s top producer of the nuclear fuel jolted the market with output cuts. Recent talks with prospective buyers have signaled there’s additional interest in new off-take agreements and that’s likely to increase after Kazakhstan’s State-run miner Kazatomprom lowered its production guidance earlier this month, according …

Kazatomprom confirms 2024 production plans as acid woes continue

The Kazakh national atomic company said it expects to see a “modest” growth in 2024 production despite adjustments to its previously announced production plans related to the availability of sulphuric acid and construction delays at newly developed deposits. Kazatomprom’s 2023 production was 21,112 tU on a 100% basis (11,169 tU attributable), which the company said …

Uranium producer Niger launches mining sector overhaul

Niger temporarily suspended the granting of new mining licenses, the first step in an audit of its mining sector as it seeks to boost government revenue. The country will also take stock of existing mining licenses, according to a memo from the mining ministry seen by Bloomberg. Niger is among the world’s top producers of uranium. France’s Orano, Toronto-based Global Atomic and China …

Russian 2023 uranium production exceeds target

Rosatom’s mining division exceeded its uranium production target by 90 tonnes in 2023, it told its annual Stakeholder Dialogue event. Meanwhile, progress is being made on new mining operations. At the Priargunskoye Industrial Mining and Chemical Union (PIMCU) – the uranium production centre in the Transbaikal/Chita region – heap leaching was used to increase the …

Kazakh-Italian Partnership Seals Sulfuric Acid Plant Deal

The planned capacity of the enterprise is 800 thousand tons per year “Samruk-Kazyna” JSC, JSC “NAC “Kazatomprom”, and the Italian company Ballestra S.p.A. signed a strategic partnership agreement, QazMonitor reports, citing the press service of Samruk-Kazyna. Signed during President Tokayev’s visit to Italy, the agreement is to attract investments for the realization of the project …