EU prepares ban on Russian nuclear products – European Commission

The European Commission is preparing to ban Russian nuclear products, said spokeswoman Ana-Kaisa Itkonen. This is part of the EU’s plan to remove all Russian energy carriers from the market. The EU is preparing to ban Russian products in the nuclear energy sector, said European Commission spokeswoman Ana-Kaisa Itkonen during a briefing on Tuesday, writes UNN. …

IDC moves to sell 10.2% stake in Rössing uranium mine after 50 years

South Africa’s Industrial Development Corporation (IDC) has formally moved to sell its 10.2% equity stake, citing the expiry of its investment horizon. In a recent Expression of Interest (EOI), the IDC said it intends to dispose of its shareholding in Rössing Uranium Limited, noting that the investment holding period has expired. The notice does not cite operational …

Carney likely to visit India in early March as Canada trade pivot intensifies, envoy says

Canada’s Prime Minister Mark Carney will likely visit India the first week of March and sign deals on uranium, energy, minerals ​and artificial intelligence, Dinesh Patnaik, India’s High Commissioner to Canada said in an interview. Carney is making all-out efforts to diversify Canada’s alliances beyond the U.S., its top ‌trade partner. In Davos last week, he …

Namibia and Russia look to fast-track their ‘peaceful use of nuclear energy’ deal

To further its nuclear partnership with one of Africa’s most influential nuclear stakeholders, Russia, Namibia recently discussed advancing the timeline for an intergovernmental agreement on cooperation in the peaceful use of nuclear energy. Russia and Namibia are negotiating an agreement to cooperate on peaceful nuclear energy development. A Namibian delegation recently met with Rosatom representatives in Moscow …

Orano May Seek Investors for $5 Billion Nuclear-Fuel Plant in US

French nuclear-fuel producer Orano SA said it may seek minority investors to help finance a $5 billion uranium enrichment plant that’s planned in Tennessee. Orano was awarded $900 million this week by the US government to build the facility, but it’s still studying options for the rest of the funding required, the company said Tuesday. That may …

Kazatomprom Announces Amendments to the Subsoil Use Code

National Atomic Company “Kazatomprom” JSC (“Kazatomprom”) announces that on 26 December 2025 the President of the Republic of Kazakhstan signed a law on the “Amendments and Additions to the Code of the Republic of Kazakhstan ‘On Subsoil and Subsoil Use’ regarding the improvement of subsoil use in the hydrocarbon and uranium sectors” (the “Law”).Kazatomprom highlights the …

Power independence in sight: National Energy Compact officially launched

The National Energy Compact was officially launched on Thursday, in a landmark step to end reliance on power imports. The launch marked the country’s formal entry into Mission 300, a high-stakes global initiative led by the World Bank Group and the African Development Bank to provide electricity to 300 million people across Sub-Saharan Africa by …

Kazatomprom signs uranium supply deal with Japan’s Kansai Electric

Kazakhstan’s state-owned uranium producer Kazatomprom has signed an agreement to supply uranium products to Japanese utility Kansai Electric Power Co., the companies announced Monday. The agreement will provide uranium for Kansai’s nuclear power plants as Japan continues the gradual restart of its nuclear fleet. The deal was finalized during Kazakh President Kassym-Jomart Tokayev’s visit to …

Centrus Launches Commercial LEU Enrichment Activities

Multi-billion-dollar uranium enrichment capacity expansion expected to create thousands of U.S. advanced manufacturing jobs and drive U.S. exports Centrifuge manufacturing begins New enrichment capacity expected to come online in 2029 Centrus Energy (NYSE: LEU) announced today that it has begun domestic centrifuge manufacturing to support commercial Low-Enriched Uranium (LEU) enrichment activities at its Piketon, Ohio, …