The contract will see Urenco continuing to supply Ukraine’s Energoatom with enriched uranium until 2035, with an option to extend the contract to 2043. The contract was signed by Energoatom President Petro Kotin (pictured above, centre) and Urenco CEO Boris Schucht (third from the right) during the World Nuclear Exhibition 2023 in Paris. Urenco, a UK-Dutch-German company, …
French company Framatome is planning the construction of a nuclear fuel fabrication facility in the UK as part of its plans to scale-up its operations in the country. In a separate development it also announced it was setting up a joint venture with Ultra Safe Nuclear Corporation. The company says that the proposed facility in …
KATCO, a joint venture of the French Orano Mining and Kazatomprom national atomic company, will start mining uranium at Kazakhstan’s South Tortkuduk site at the end of 2023, Trend.az reported on Nov. 12, citing a source at Orano multinational nuclear fuel cycle company. As the world’s largest uranium producer, Kazakhstan hosts Orano through KATCO, established in …
Centrus Energy delivers first batch of uranium that’s critical for advanced reactors The 93 currently active nuclear-power reactors in the United States burn about 2,000 tonnes of uranium fuel each year. However, the type of uranium fuel those reactors use is not going to cut it for the advanced reactors expected to go on line in the …
Paris eyes deeper cooperation with resource-rich Kazakhstan Macron also wants to tempt Central Asia away from Putin After finding itself suddenly unwelcome in its traditional sphere of influence, France is casting further afield. That’s why president Emmanuel Macron will travel to energy-rich Central Asia this week to visit Kazakhstan and Uzbekistan, two suppliers of the uranium that powers the …
Just a few hours after a new Speaker of the House of Representatives was elected on October 25, the White House sent a list of funding priorities for “critical domestic needs” to Congress for consideration as legislators restart the stalled annual appropriations process. Those priorities include $2.2 billion for low-enriched uranium (LEU) and high-assay low-enriched uranium (HALEU) enrichment capabilities. And to ensure that investment in domestic HALEU enrichment pays off, the White House is also calling for a long-term ban on enriched uranium from Russia. If you build it, the money will come? The Department of Energy …
The renewed licences authorise the company to continue to operate the Key Lake, McArthur River and Rabbit Lake sites. Rabbit Lake’s renewed licence is valid until October 2038, and those for Key Lake and McArthur River until October 2043. Cameco submitted its application for the licence renewals to the Canadian Nuclear Safety Commission (CNSC) last …
The board of directors of Orano has approved an investment of some EUR1.7 billion (USD1.8 billion) to raise the production capacity of the Georges Besse II (GB-II) uranium enrichment plant at the Tricastin site in southern France by more than 30%. The project consists of building a further four modules identical to the 14 existing …
French President Emmanuel Macron and Mongolian President Ukhnaagiin Khurelsukh in Paris, October 12, 2023. Photo credit: Reuters The ink is barely dry on a landmark French-Mongolian uranium mining deal. After over 20 years of exploratory work in the Gobi desert, France’s state-owned Orano has secured rights to begin commercial production around 2028 at the Zuuvch …
he US State Department on Tuesday officially classified the events in Niger at the end of July as a ‘coup d’etat’. This designation has placed a temporary hold on US development bank financing for the Dasa project. In a response, Toronto-listed Global Atomic has acknowledged that, although it has sufficient cash reserves to cover its operations for the …
