Jordan declares uranium plant ‘fully operational’

Jordan has been operating a “pioneering” processing plant to recover yellowcake from uranium ores since the start of the year, the head of the country’s Atomic Energy Commission has announced. Khaled Toukan’s remarks were reported by state news agency Petra and shared by the Jordanian Uranium Mining Company (JUMCO), operator of the plant. JUMCO, which …

ESA reviews COVID impacts on supply and demand

The COVID-19 pandemic has significantly influenced the uranium market as several companies announced in the second quarter of 2020 measures leading to an important decrease of uranium production and related services, the Euratom Supply Agency (ESA) says in its newly released 2020 Annual Report. The report provides an overview of nuclear fuel supply and demand …

US-led initiative aims to lower advanced nuclear construction costs

The US Department of Energy (DOE) is teaming up with GE Hitachi Nuclear Energy (GEH) and providing USD5.8 million in funding for a project to demonstrate how three construction technologies from other industries can be applied to advanced reactor designs, to improve the economics of bringing advanced reactors to market. The Advanced Construction Technology (ACT) …

Russia brings back largest global uranium project

Deputy Prime Minister Yuri Trutnev has instructed Rosatom to submit a plan for the resumption of uranium mining in Yakutia. Rosatom, the state corporation specializing in nuclear power, in 2017 suspended the development of Yakut uranium deposits but is now ordered to resume mining in the region by Russia’s Deputy Prime Minister, Yuri Trutnev. News online …

Analyzing Zero-Carbon Goals, Power Infrastructure, The Role Of Nuclear Energy, And How To Invest In Uranium

Summary We’ll discuss the carbon neutrality targets of the UK, Europe 27, and the US. For the carbon neutrality targets, we discuss the current progress, the electrical grid, and the electrical storage required to meet those goals. The carbon neutrality targets are not only attainable with stable base loads and nuclear energy is the best …

Nuclear could help Spain reach net-zero goal, says IEA

In a review of Spain’s energy policy, the International Energy Agency (IEA) says the country should consider the usefulness of nuclear energy, including for non-electricity applications, for diversifying technical options to achieve long-term carbon neutrality by 2050. Under Spain’s current policy, operation of its fleet of seven nuclear power reactors will be phased out by …

Nuclear energy project will promote upgrade of ties with Russia, says China

Chinese President Xi Jinping and his Russian counterpart Vladimir Putin will jointly witness the opening ceremony of the two countries’ nuclear energy cooperation project via video link on Wednesday (May 19). The smooth kick-off of the project will promote the upgrading of bilateral ties, Foreign Ministry spokesman Zhao Lijian said on Tuesday. Mr Zhao said this …