Category: Supply

NANO Nuclear Energy Inc. Announces Its New Subsidiary, HALEU Energy Fuel Inc. The New Company Will Focus on Creating a Domestic Source of High-Assay Low Enriched Uranium to Supply the Next Generation of Advanced Nuclear Reactors

By John Dyer   Posted in Supply U
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NANO Nuclear Energy Inc. (“NANO Nuclear”), a company emerging from the shared micro Small Modular Reactor (µSMR) and Advanced Nuclear Reactor (ANR) ambitions of a world class nuclear technical team, filled with influential and foremost nuclear experts in the field, working alongside business and industry professionals, possessing strong relationships with both government, and the private and public nuclear industries, …

U.S. ramps up advanced fuel production capabilities

By John Dyer   Posted in Nuclear Attitude Supply U
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 Nine out of the ten advanced reactor designs selected for funding under the U.S. government’s Advanced Reactor Demonstration Program (ARDP) will require advanced fuel, such as high-assay low-enriched uranium (HALEU) and TRIstructural-ISOtropic (TRISO) particles, but there are no commercial suppliers of such fuels currently operating in the United States. U.S. uranium enrichment capability has dwindled …

Manchin, Barrasso and Risch Introduce Bipartisan Nuclear Fuel Security Act

By John Dyer   Posted in Politics Supply U
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Today, U.S. Senators Joe Manchin (D-WV), Chairman of the Senate Energy and Natural Resources Committee, John Barrasso (R-WY), Ranking Member of the Senate Energy and Natural Resources Committee, and Jim Risch (R-ID) introduced the Nuclear Fuel Security Act (NFSA). The bipartisan legislation directs the Secretary of the U.S. Department of Energy (DOE) to establish a nuclear fuel …

Chairs Rodgers, Duncan, & Johnson Notice Joint Legislative Hearing on Unleashing American Energy

By John Dyer   Posted in Politics Supply U
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House Energy and Commerce Committee Chair Cathy McMorris Rodgers (R-WA), Energy, Climate, & Grid Security Subcommittee Chair Jeff Duncan (R-SC), and Environment, Manufacturing, & Critical Materials Subcommittee Chair Bill Johnson (R-OH) today noticed a joint legislative hearing to discuss solutions to restore American energy dominance. “A key responsibility for Energy and Commerce is to help …

US DOE awards $14 million to US uranium converter for reserve program

By John Dyer   Posted in Demand Nuclear Attitude Supply U
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DOE had previously purchased domestic U3O8 from miners Uranium will be stored as UF6 ready for enrichment Several US uranium companies plan production restart ConverDyn has received a $14 million award for uranium conversion services from the US Department of Energy under its $75 million program to create a domestic uranium reserve to boost energy …

Uranium exploration supported in Canadian critical minerals strategy

By John Dyer   Posted in Nuclear Attitude Supply U
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The government’s newly released strategy maps out how Canada can seize the “generational opportunity” presented by a global energy transition underpinned by the exploration, extraction, processing, product manufacturing and recycling of critical minerals including uranium. The Canadian Critical Minerals Strategy was released on 9 December by Minister of Natural Resources Jonathan Wilkinson, who said it will position …

Westinghouse to be sold in $7.9-bln deal as interest in nuclear power grows

By John Dyer   Posted in Nuclear Technology Reactors Supply U
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 Cameco Corp (CCO.TO) and Brookfield Renewable Partners said on Tuesday they would acquire nuclear power plant equipment maker Westinghouse Electric in a $7.9-billion deal including debt, amid renewed interest in nuclear energy. The deal for one of the most storied names in the American power industry at an equity value of $4.5 billion comes at a …