Possible tariffs worry Canada uranium miners as they boost output to meet US demand

Canada’s uranium miners, confident that only they can meet US demand for the element after Russian supply curbs, have accelerated output and forward contracts to supply US energy companies, but they are now worried about possible tariffs from US President-elect Donald Trump. Shares of uranium companies rallied in Toronto and New York over the last …

China triples uranium imports from Russia

Moscow previously banned the export of strategically important nuclear fuel to Washington       Beijing is poised to become the largest importer of Russian nuclear fuel this year, following Moscow’s ban on enriched uranium exports to the US in retaliation for Washington’s selective restrictions. Over the past ten months, China has purchased $849 million …

Romania to resume uranium production under new energy strategy

The Romanian government said it approved the country’s new energy strategy for the period 2025-2035, with a long-term outlook to 2050, thereby committing to resuming the production of uranium for generation of nuclear energy. Source: code83, pixabay.com The new energy strategy outlines key objectives to ensure energy security, sustainability, and accessibility while aligning with the …

Centrus says Russia canceled TENEX’s licence to export low-enriched uranium to US

Nuclear fuel supplier Centrus Energy said on Monday it has received a notice from Russia’s TENEX that its government passed an order, which canceled its licence to export low-enriched uranium to the US, effective through Dec. 31, 2025. Shares of Centrus were down 4.3% at $73.14 in trading after the bell. world’s largest supplier of …

Russia Temporarily Limits Nuclear-Fuel Shipments to US

Enriched uranium needed in reactors supplying 19% of US power Russia says it’s responding to US law curbing uranium imports Russia is temporarily limiting exports of enriched uranium to the US, creating potential supply risks to utilities operating American reactors that generate almost a fifth of the country’s electricity. The Russian government didn’t provide details …

Voting Results of the Extraordinary General Meeting of Shareholders

National Atomic Company “Kazatomprom” JSC (“Kazatomprom” or “the Company”) announces the voting results on each issue of the agenda of the Extraordinary General Meeting of Shareholders (“EGM”) which took place on 15 November 2024 at 10:30 am local time (GMT+5) at the following address: floor 3, 17/12 Syganak street, Nura district, Astana, Z05T1X3, the Republic of …

EU eyes new clampdown on Russian nuclear sector

There’s a big obstacle, though: Viktor Orbán. There’s renewed European Union momentum to kick Russia’s nuclear sector out of the bloc and strip Moscow of one of its remaining holds over Europe’s energy supplies — if Viktor Orbán will allow it. In Brussels, the European Commission, the EU’s executive, has pledged to explore whether the EU should …

Niger disputes French firm’s uranium move

Niger’s military junta is disputing a decision by French nuclear fuel firm Orano to halt uranium production, according to a document from a state partner in the venture seen Friday by AFP. Orano announced last month it was stopping production as from Thursday owing to what it termed increasingly difficult operating conditions in the country …

Japanese utilities book special gains by selling nuclear fuels

 Japan’s Hokkaido Electric Power (9509.T), opens new tab and Chugoku Electric Power (9504.T), opens new tab said on Thursday they had booked extraordinary profits for the April-September period from selling previously acquired nuclear fuel. Neither utility has been able to restart any nuclear power plants since the 2011 Fukushima nuclear disaster which prompted stricter safety standards in Japan. Hokkaido …