Niger wants Russian firms to invest in uranium and other natural resource production, its mining minister said on Wednesday, amid an ongoing dispute with former colonial master France. French nuclear group Orano halted uranium output in Niger last month as relations soured with the military junta that seized power in July 2023. “We have already …
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’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 …
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 …
Orano notes that since the announcements made last July, the financial difficulties of the mining company SOMAÏR, the 63.4% subsidiary of the group, which operates the Arlit uranium mine in Niger, have continued to grow. Since the events of July 26, 2023, and the closure of the main supply and export corridor, Orano and SOMAÏR …
Kazakhstan, the world’s No. 1 uranium producer, will decide next month on whether to approve a huge deal to supply concentrates to China’s nuclear industry. Shareholders of state-owned miner Kazatomprom will vote on Nov. 15 at an extraordinary general meeting in Astana on whether to support the transaction with CNNC Overseas Ltd. and China National …
Urenco has installed the first new centrifuges of an expansion project in the United States, which is on track to be delivering additional capacity next year. The centrifuges were installed in an existing centrifuge hall at the company’s enrichment site in Eunice, New Mexico. Federal, State and local officials, Urenco leadership, representatives of the more …
Voters in Kazakhstan, the world’s largest uranium miner, backed the construction of a nuclear power plant in a referendum on Sunday. Kazakhstan’s central election commission said on Monday that 71% of voters cast their ballots in favor of the government plan to build a new reactor. Turnout was about 64%, well above the threshold necessary …
National Atomic Company “Kazatomprom” JSC participated in the Financing the Tripling of Nuclear Energy Forum hosted by Net Zero Nuclear. The Forum, attended by global leaders of large financial institutions and governmental officials, serves as yet another indicator that the uranium market fundamentals are stronger than ever. Kazatomprom as the largest uranium producer in the …
US uranium production continues to grow, with 2024’s year-to-date production already more than triple that recorded for the whole of 2023, according to the latest figures from the US Energy Information Administration (EIA). Meanwhile, as press reports suggest US concern that its ban on Russian uranium might be being circumvented, the Office of the United …
