Negotiators reached common ground on a memorandum that focuses on extraction of Ukraine’s critical natural resources with the majority of control over funds allocated to the US. Ukraine and the United States signed a memorandum of intent on a minerals agreement, according to Ukraine’s Minister of Economy Yulia Svyrydenko on X. The proposed deal involves …
National Atomic Company Kazatomprom JSC (“Kazatomprom” or the “Company”) has signed into a landmark agreement with ČEZ, a. s., marking a significant expansion of its presence in Europe and further strengthening its position in the global uranium market. The supply of Kazakh natural uranium concentrates in the next seven years can cover approximately one-third of …
Kazakhstan proposes uranium deal to fuel Turkey’s nuclear reactors / Photo: Zhanbolat Mamyshev, photo editor: Dastan Shanay Kazakhstan has proposed a uranium mining and fuel supply deal to support Turkey’s growing nuclear energy ambitions, according to Baurzhan Duisebayev, CEO of the Chemical Engineering Design Bureau. «Suddenly, Turkey is leading the way: four reactors are under construction …
Southern Nuclear has taken a bold step forward in nuclear innovation by becoming the first US company to load enriched nuclear fuel exceeding 5% uranium-235 into a commercial reactor for testing. This milestone, achieved at the Vogtle Unit 2 reactor in Waynesboro, Georgia, marks a significant advancement in nuclear energy technology and could pave the way for more efficient, …
Namibia accounts for about 10% of global uranium production, while Russia controls about 40% of the world’s enrichment capacity. The African nation recognised that with such expertise, Russia would help it transition from a seller of raw materials to a significant global producer of processed uranium ready for use in reactors. The African country seeks support The Kremlin is …
The U.S. and EU have a window of opportunity to regain lost ground. From Eurasianet. Far removed from the battlefields of Ukraine, the United States, European Union, and Russia are facing off on a second front in a struggle over the nuclear energy sector and control of uranium supply chains. While the war in Ukraine …
The trend of declining uranium exploration and mine development expenditure has been reversed – but substantial investment in new mining projects will be essential to meet nuclear power generation projections to 2050 and beyond, according to the latest edition of the key OECD/IAEA joint report. Uranium 2024: Resources, Production and Demand is the latest edition of …
Kazakhstan’s Ministry of Trade and Integration made an official statement regarding a 27% import tariff recently imposed by the U.S. The agency stated that a significant share of Kazakhstan’s exports to the U.S. is not subject to additional tariffs, as they fall under the exemption list. «The core of Kazakhstan’s exports to the U.S. includes …
Companies in the United States produced more uranium concentrate in 2024 than in any year since 2018 after a sustained period of higher uranium prices spurred production, according to our recently published Domestic Uranium Production Report—Quarterly. The increase largely came from two in-situ recovery facilities, one in Texas and one in Wyoming, and the resumption of …
SMRs could help meet an expected surge in U.S. electricity demand coming from the expansion of power-hungry data centers but they are still in the development stage and unlikely to become commercially available until at least the end of the decade. As well as investing billions of dollars to develop this technology ahead of their …
