Kazakhstan, Brazil To Sign Nuclear Energy Agreement

Brazil is eager to continue supplying Kazakh uranium ore concentrate, Kazakhstan’s Ambassador Plenipotentiary and Extraordinary to Brazil, Kairat Sarzhanov said Thursday. At a briefing here in Astana, Sarzhanov recalled that the list of products exported from Kazakhstan to Brazil had been updated and now included uranium ore concentrate. In April 2018, Kazatomprom company won a $1.3.7 million worth tender on supply of uranium ore concentrate for Industrias Nucleares do …

Uranium Price Update: A Return to Health

There’s been growing talk around uranium and its potential for a comeback. Over the last month and a half, uranium spot prices have been balancing around a two-and-a-half-year high, rising by 30% from April according to the Financial Times report. Changes from some of uranium’s largest producers have been a major driver behind the price …

U.S. Puts New Restrictions on Nuclear Technology Exports to China

The Trump administration announced on Thursday that it would sharply restrict exports of civilian nuclear technology to China that officials claimed was being diverted to power new generations of Chinese submarines, aircraft carriers and floating nuclear power plants. The announcement mixed security warnings with longstanding complaints that Beijing was continuing to steal nuclear-related technology from …

U.S. stresses safety in talks on nuclear power with Saudi Arabia

The United States is close to working with Saudi Arabia on building nuclear power reactors, but talks on tough non-proliferation standards with the kingdom remain a challenge, U.S. Energy Secretary Rick Perry said on Wednesday. Perry has held talks with several Saudi leaders this year, including King Salman and Crown Prince Mohammed bin Salman, on …