The Federal Court of Australia has made an interim order to stay the decision to refuse the renewal of Energy Resources of Australia’s (ASX:ERA) Jabiluka Uranium Mine mineral lease in the Northern Territory. This news follows on from Energy Resources of Australia pursuing legal proceedings in relation to the decision not to renew Jabiluka’s mineral lease. On …
Uranium miners in the United States produced more than 82,000 pounds of uranium concentrate in the first quarter of 2024, more than in all of 2023. Domestic uranium mines produced 50,000 pounds of triuranium octoxide (U3O8), also called uranium concentrate, in 2023, a significant decrease from the 194,000 pounds produced in 2022. Production declined in …
In short: WA Mines Minister David Michael has ruled out any change to the Cook government’s long-standing policy on uranium mining. There is an effective ban on mining the mineral in WA, where only one uranium mine is permitted to operate. What’s next? Peter Dutton says the ban is “ideologically based” and should be overturned. …
Uranium explorers are calling on Australian state governments to lift bans on mining the fuel, which is set for a long-term jump in demand as decarbonization spurs a nuclear energy revival. Australia boasts nearly a third of known uranium ore deposits worldwide, but only two of the nation’s eight states and territories — South Australia …
The Canadian uranium producer sees long-term order growth as clean energy demand rises and U.S. nuclear operators seek alternatives to Russian supplies. Recent U.S. policy developments such as the July enactment of the ADVANCE Act and the U.S. Department of Energy’s June funding commitment for small modular reactor development, are among the longer-term tailwinds for Cameco’s North …
Florida Republican Rep. Byron Donalds announced his “Summer 2024 Nuclear Push,” composed of 10 aspects in a bid to promote nuclear energy in the U.S. That includes six pieces of legislation and four letters to “leaders of top international institutions with nuclear financing capabilities.” Below is a list of Donalds’ upcoming legislation: H. RES. 1395 – USA …
The Navajo Nation planned Tuesday to test a tribal law that bans uranium from being transported on its land by ordering tribal police to stop trucks carrying the mineral and return to the mine where it was extracted in northern Arizona. But before tribal police could catch up with two semi-trucks on federal highways, they …
Long-term uranium contract prices have hit over 16-year highs on supply uncertainty and higher demand from utilities scrambling to secure the radioactive fuel to aggressively expand their capacity to power mushrooming AI data centers. Term prices are now around $79 per pound, the highest since 2008, and estimated to rise further in coming months. “With …
Orano’s income has been affected by the situation in Niger, with logistical issues continuing to cause blockages to uranium sales. But the group has confirmed its financial outlook for 2024, targeting stable revenue and a positive net cash flow, and says it still wants to talk to the government about continuing the Imouraren project. “At …
Energy Resources of Australia said on Friday the Northern Territory government has rejected its request to renew the uranium mining lease for the Jabiluka deposit. The company, in which Rio Tinto has a majority stake, had applied to extend the lease for another 10 years, with the current lease due to expire in August. The Jabiluka uranium deposit, near …
