Beginning of a new phase for the Nurlikum Mining joint venture in Uzbekistan

In September 2025, the state-owned enterprise Navoiyuran (Uzbekistan), the Orano group (France), and the ITOCHU Corporation (Japan) completed the evolution of their partnership within the joint venture “Nurlikum Mining,” thereby expanding their cooperation. According to the agreement signed on March 10, 2025, in Paris, this new phase paves the way for the industrial development of …

Uranium Marketing Annual Report

Uranium purchases and prices Owners and operators of U.S. civilian nuclear power reactors (civilian owner/operators, or COOs) purchased a total of 55.9 million pounds U3O8e (equivalent1) of deliveries from U.S. suppliers and foreign suppliers during 2024, at a weighted-average price of $52.71 per pound U3O8e. The 2024 total of 55.9 million pounds U3O8e was 8% …

Finland urges EU to end reliance on Russian nuclear energy

Finland’s Minister of Climate and the Environment, Sari Multala, urged the EU to extend its plan to phase out Russian oil and gas to include the nuclear energy sector, according to her interview with the Austrian newspaper Die Presse. “There are two operators of nuclear power plants in Finland. One no longer uses Russian uranium, and …

Democrats alarmed as Trump eyes weapons material to fuel nuclear reactors

The scramble to build new reactors to supply power to AI data centers may include plutonium from the nation’s nuclear deterrent. The Trump administration is considering a proposal to divert plutonium that plays a central role in the U.S. nuclear weapons stockpile to fuel a new generation of power plants, according to an Energy Department …

The ICSID Arbitral Tribunal Opposes the Sale by the State of Niger of Uranium Produced by SOMAÏR

The arbitral tribunal constituted under the auspices of the International Centre for Settlement of Investment Disputes (ICSID) in case No. ARB/25/8 rendered a new decision on September 23, 2025, in favor of Orano in the dispute opposing it to the State of Niger concerning the uranium mine of SOMAÏR. In its decision, the arbitral tribunal …

Centrus Details Plans to Add At Least 300 New Jobs in Southern Ohio With Multi-Billion-Dollar Investment

Centrus Energy (NYSE American: LEU) is joining with Ohio Governor Mike DeWine, U.S. Senator Jon Husted, and U.S. Congressman Dave Taylor, JobsOhio, Ohio Southeast Economic Development (OhioSE), and Pike County Economic Development, today to announce plans for a major expansion of Centrus’ uranium enrichment plant in Piketon, Ohio. The expansion is expected to create 1,000 …

24% of U.S. uranium imports come from Kazakhstan, President Tokayev says

President Kassym-Jomart Tokayev, who is currently on a working visit to New York, took part in a roundtable discussion with representatives of American businesses, Kazinform News Agency reports citing the press service of Akorda. The Presiden the need to explore new opportunities in the field of geological exploration, expand existing projects, as well as in …

NTPC plans overseas uranium buys to secure fuel for future nuclear projects

Home-grown power giant NTPC, which is diversifying into clean energy generation, looks to acquire uranium assets overseas to ensure fuel availability for its future nuclear projects, according to a company official. Established as a thermal-based power generator in 1975, NTPC Ltd (erstwhile National Thermal Power Corporation Ltd), has been increasing its capacity while diversifying into …