The Namibian Husab Uranium Mine operated by China’s State-owned China General Nuclear Power Corp had produced over 1,000 metric tons of uranium oxide in 2017. The Husab mine, the third-largest uranium mine, will continue to be optimized in 2018. The company will ramp up its throughput to ensure the mine reaches its design capacity by …
New Areva announced today it has been renamed Orano. New Areva comprises Areva’s nuclear fuel cycle activities that remained after the spin-off and subsequent sale of its reactor business. New NP – Areva’s former reactor business – was renamed Framatome earlier this month. Orano is focused on nuclear materials development and waste management and its activities encompass …
Russia and Argentina signed Tuesday a memorandum of understanding to advance uranium exploration and production in the South American country, which already generates 5% of its electricity with three heavy-water nuclear reactors. The deal, sealed during a visit by Argentine President Mauricio Macri to Moscow, could bring up to $250 million in investments into the country’s sector, according …
MOSCOW, January 10. /TASS/. Atomredmedzoloto (ARMZ), an affiliate of the mining division of the Russian state nuclear corporation Rosatom, maintained uranium mining in Russia in 2017 at the level of 3,000 tonnes, similarly to 2016, the company said on Wednesday. “ARMZ completely delivered the annual plan of strategic feedstock supplies for the nuclear industry, keeping …
The new report from Energy & Natural Resources Market Reports has been published today. It provides updated in 2018 year analysis of energy & natural resources industries. Kazakhstan is situated in an unstable region, bordering weak Central Asian republics such as Uzbekistan and near war-torn Afghanistan. Kazakhstan has a major plant making nuclear fuel pellets and aims …
China’s first AP1000 fuel production line has now produced 64 sets of fuel assemblies ready for the first reloading of the Sanmen AP1000 units. Both Sanmen AP1000s are scheduled to begin operating later this year. “The specifications of the components met the technical requirements and provide guarantee for the subsequent safe and stable operation of …
As India aims to multiply its power generation capacity from 6,780 MW to 22,480 MW in the next 15 years, the government has come up with a three-stage plan for a tenfold increase in uranium production in the next 14 years. The target would be met by utilizing both local and imported sources. New Delhi …
YEKATERINBURG, December 28. /TASS/. New-generation gas centrifuge for uranium enrichment came on stream at the Urals Electrochemical Factory [Novouralsk, Sverdlovsk region] on Thursday, the press service of the factory told TASS. “The enterprise successfully launched five sections of a technological unit equipped with ninth-generation gas centrifuges,” the report said. According to Mikhail Denisov, the chief of …
Saskatchewan may be viewed as the most attractive place in the world for mineral exploration companies to spend their money, but you wouldn’t know it by just looking at the latest estimates on spending in the province. Spending on mineral exploration and deposit appraisal declined for the second year in a row, according to new …
The announcement made by uranium giant Cameco in November that it’s suspending operations at its flagship McArthur River mine in northern Saskatchewan and surprisingly deep three-year cuts by Kazakhstan’s state-owned Kazatomprom provide a “step change” for uranium prices says a new report on the sector from Cantor Fitzgerald equity research. On Monday, the world largest producer …
