Today, President Donald J. Trump and Prime Minister Keir Starmer signed the Technology Prosperity Deal, a landmark science and technology agreement that will propel the U.S. – UK special relationship to new heights for the technological age, and deliver wins for the American people and American innovation globally. “President Trump signed another game-changing deal that furthers …
EnCore Energy’s Alta Mesa facility in southern Texas. Credit: enCore Energy. Decades after the United States’ large-scale uranium mining industry mushroomed in Utah and New Mexico in the 1950s, the industry is returning to its Southwest roots in a revival spurred by economic and political currents. Arizona, Colorado, New Mexico, Texas and Utah are seeing the …
President Kassym-Jomart Tokayev emphasized the strategic importance of developing nuclear energy to secure Kazakhstan’s energy future and ensure sustainable economic growth during his annual state-of-the-nation address on Sept. 8 at a joint session of the parliament’s chambers. Tokayev announced that over the next five years, Kazakhstan plans to introduce an additional 6.3 GW of green …
resident Donald Trump moved Friday to exempt graphite, tungsten, uranium, gold bullion and other metals from his country-based tariffs, while subjecting silicone products to the levies. The changes are set to take effect on Monday under an executive order issued Friday. Trump’s directive could also speed implementation of bespoke trade deals between the US and …
Projections in the latest edition of World Nuclear Association’s flagship fuel report see gaps opening up in the supply-demand picture over the coming years and investment decisions need to be taken now to fuel the forecast increase in nuclear power capacity, World Nuclear Symposium was told. World Nuclear Association – and the Uranium Institute before it – …
Kazatomprom (KZAP.KZ), opens new tab, the world’s largest uranium producer, announced on Friday plans to triple its exploration activities in Kazakhstan and explore international expansion opportunities, following recent agreements with Jordan and Mongolia. The state-controlled company, which currently produces all of its uranium at home, but signed a deal last week with Jordan, opens new tab on developing …
With tightening margins between demand and global mine supply, these latest announcements are likely to impact market sentiment and push the spot price higher. Shares of Cameco (TSX:CCO,NYSE:CCJ) were on the rise after the uranium major announced it is reducing its annual production guidance due to expansion delays at the McArthur mine in Saskatchewan, Canada. Instead of the projected …
Russia has dangled the possibility of building a nuclear power plant in uranium-rich Niger – a vast, arid state on the edge of the Sahara desert that has to import most of its electricity. It may be deemed impractical and may never happen, but the concept is yet another move by Moscow to seek a …
Yesterday, Energy and Resources Minister Colleen Young, toured the McClean Lake uranium mine and mill, which is a joint venture between Orano Canada and Denison Mines that has recently resumed operations. Minister Young was accompanied by Orano representatives and had productive discussions around the process of re-opening the site and plans for growing Saskatchewan’s uranium …
Kazakhstan’s Kazatomprom (LON:KAPq), the world’s largest uranium producer, announced plans to reduce its 2026 production level by approximately 8 million pounds, representing about 5% of global primary uranium supply, according to a press release statement issued Friday. The company said it will decrease nominal production from 32,777 tonnes (85 million pounds) to 29,697 tonnes (77 …