TERM contracts for uranium entered into between nuclear utilities and uranium miners have been strengthening consistently for the past five years, and will continue to drive the outlook for uranium prices, Paladin Energy showed in its latest quarterly results presentation. Over the past five years, the midpoint of term pricing for uranium has risen from $40/pound …
Uzbek state uranium company Navoiyuran has announced the start of mining at the Qizilkok deposit in the Navoi region of central Uzbekistan. The company said in a statement that mineral resources are 10,900 tonnes of uranium, ore reserves are 9,400 tonnes of uranium and the project mine life is estimated at 15 years. Qizilkok is …
Uzbekistan aims to significantly reduce its reliance on traditional electricity sources The initial phase of constructing Uzbekistan’s first small nuclear reactors will require an investment of approximately $1 bn. This significant financial commitment was revealed by Sukhrob Abdurakhmanov, the deputy chairman of the Chamber of Commerce and Industry, during the «Innoprom. Central Asia» exhibition held recently …
Kazakh Ambassador to Slovenia Altay Abibullayev met with Danijel Levičar, Slovenia’s State Secretary for the National Nuclear Program, to discuss opportunities for bilateral cooperation in the energy and nuclear sectors, Qazinform News Agency learned from the Foreign Ministry’s press service. Ambassador Abibullayev highlighted Kazakhstan’s role as a key energy partner for Europe, noting that the …
Boss Energy Limited (ASX: BOE; OTCQX: BQSSF) (Boss) advises that FY26 production guidance at its Honeymoon Operation, in South Australia, has been reduced to between 1.40M lbs and 1.45M lbs U3O8 drummed, from previous guidance of 1.6M lbs U3O8 drummed. Boss announced in March 20261 that heavy rain had impacted production for Q3 FY26 by …
Framatome and the representatives from four utilities, ČEZ (Czech Republic), Fortum (Finland), MVM Paks NPP (Hungary), and Slovenské elektrárne (Slovakia), have signed a contract to further advance the development of Framatome’s 100% sovereign European VVER 440 fuel design. The signature seals a long-term cooperation agreement with the utilities to secure the future diversification and fuel supply of their 440 MW VVER pressurized water reactors. The …
With two new mines advancing toward construction after receiving federal approval, Saskatchewan’s growing uranium sector is creating new jobs and economic opportunities for northern Saskatchewan. On February 19, 2026, Denison Mines Corp.’s (Denison) was approved to construct its Wheeler River Project by the Canadian Nuclear Safety Commission (CNSC). On March 5, 2026, NexGen Energy Ltd. …
On January 20th, 2026, Orano signed a major contract with NuRO (Nuclear Reprocessing and Decommissioning facilitation Organization of Japan) for the reprocessing in France of around 200 metric tons of spent fuel from nuclear reactors operated by the Kansai Electric Power Company, located in Japan. This contract forms part of the Exchange of Notes signed …
figure dataXLS Fourth-quarter 2025 U.S. production of uranium concentrate (U3O8) in the fourth quarter of 2025 totaled 1,043,474 pounds U3O8, a 217% increase from third quarter production of 329,623 pounds U3O8. This quarter’s total uranium production occurred at seven facilities, four in Wyoming (Ross CPP, Lost Creek Project, Smith Ranch-Highland Operation, and Willow Creek Project), …
Energoatom says construction of the production facility for nuclear fuel assemblies will be an important step towards Ukraine’s energy independence. In July last year Energoatom and Westinghouse signed a cooperation agreement for a joint project to pursue fuel assembly capability in the country. Energoatom, operator of Ukraine’s nuclear power plants, said the Cabinet of Ministers’ decision …