Chinese research institute confirms success of fission-based innovation that is poised to reshape clean, sustainable nuclear power An experimental reactor developed in the Gobi Desert by the Chinese Academy of Sciences’ Shanghai Institute of Applied Physics has achieved thorium-to-uranium fuel conversion, paving the way for an almost endless supply of nuclear energy. The achievement makes the 2 …
The U.S. government continues to fast-track the private sector’s role in commercializing nuclear fuel after recently selecting four companies to pilot a domestic nuclear fuel supply chain. The Nuclear Regulatory Commission took another step to advance U.S. private industry production for nuclear fuel. The agency issued an Oct. 23 Federal Register notice seeking public comments on its …
Oklo small modular reactor Nuclear technology firm Oklo (OKLO.N), opens new tab said on Friday it has signed an agreement with Europe-based newcleo to develop advanced fuel fabrication and manufacturing infrastructure in the U.S. Under the agreement, nuclear reactor developer newcleo plans to invest up to $2 billion. Sweden’s advanced nuclear technology developer Blykalla is also considering …
Fishing boats in Luanda Kotieno. Image by Victor Ochieng via Flickr (CC BY-SA 2.0). The proposal to build a 1,000-MW nuclear power plant on Kenya’s southeastern coast has faced strong opposition from residents and environmental experts, who warn of potential harm to communities, fisheries and the environment. Government agencies are now holding consultations at another prospective location …
Japan Nuclear Fuel Ltd. received natural uranium at its enrichment plant in the village of Rokkasho, Aomori Prefecture, northeastern Japan, for the first time in 11 years on Tuesday. The company resumed accepting natural uranium to meet the growing demand for enriched uranium used in nuclear power generation, in line with the restart of nuclear …
Kazakhstan’s nuclear energy ambitions are tilting eastward, strengthening Moscow and Beijing while leaving Europe with little room to manoeuvre Kazakhstan has identified a second site for the construction of a nuclear power plant in the Almaty region. While negotiations with potential suppliers are underway, China will be considered a “priority contractor”. Almasadam Satkaliyev, chair of …
Top uranium producer Kazatomprom, the state-run miner whose shares trade in London and Kazakhstan, said it’s considering an additional listing. Potential venues may be reviewed for part of the 25% of stock not held by the Kazakh government, the company said Thursday in a statement. Chief Executive Officer Meirzhan Yussupov said Wednesday that the firm had “thought about …
In September 2025, the state-owned enterprise Navoiyuran (Uzbekistan), the Orano group (France), and the ITOCHU Corporation (Japan) completed the evolution of their partnership within the joint venture “Nurlikum Mining,” thereby expanding their cooperation. According to the agreement signed on March 10, 2025, in Paris, this new phase paves the way for the industrial development of …
Uranium purchases and prices Owners and operators of U.S. civilian nuclear power reactors (civilian owner/operators, or COOs) purchased a total of 55.9 million pounds U3O8e (equivalent1) of deliveries from U.S. suppliers and foreign suppliers during 2024, at a weighted-average price of $52.71 per pound U3O8e. The 2024 total of 55.9 million pounds U3O8e was 8% …
French nuclear group Orano (ORAN.PA), opens new tab has said 1,500 metric tons of uranium are stockpiled at its expropriated SOMAIR mine in northern Niger, and that it will seek compensation and pursue criminal charges if the material is seized or sold without authorisation. A source at the mine said Niger had not yet sold any uranium …