Russian supplies of enriched uranium to be barred in 90 days Move could boost costs for US nuclear plants, risk retaliation President Joe Biden on Monday signed legislation banning the import of Russian enriched uranium, starting a 90-day countdown until limits on shipments of the reactor fuel take effect. Biden’s signature also unlocks some $2.7 …
NexGen Energy Ltd has said its newly announced strategic purchase of 2.7 million pounds U3O8 (1039 tU), together with a recent share placement, “will significantly assist the company in funding the anticipated capital needs to develop the Rook I Project” in Canada. Denison Mines Corp intends to use its physical uranium investment to support future …
Today, U.S. Senator John Barrasso (R-WY), ranking member of the Senate Committee on Energy and Natural Resources (ENR), spoke on the Senate Floor about his legislation to ban the import of Russian uranium. The legislation, which recently passed the Senate with unanimous support, now heads to the White House to become law. Reclaiming American nuclear energy is …
The U.S. has been preparing since 2022 for the possibility that Russian President Vladimir Putin would stop selling it nuclear power fuel, and a pending ban on Russian imports will help boost domestic capacity to process uranium fuel, the outgoing top nuclear energy official told Reuters. The U.S. Senate passed legislation on Tuesday that bans the imports …
The move could set uranium prices up for a return to $100 a pound or more: analyst A ban on U.S. imports of Russian uranium is set to shake up the market for nuclear power, and lift prices back above $100 a pound for the nuclear fuel which has been tight on supplies. “The Russia …
The Senate voted Tuesday evening to approve legislation banning the import of enriched uranium from Russia, sending the measure to the White House which has said it supports efforts to block the Kremlin’s shipments of the reactor fuel. The Prohibiting Russian Uranium Imports Act, approved by unanimous consent, would bar US imports 90 days after …
Talks underway about banning imports of Russian reactor fuel Russia provides almost 25% of the uranium fueling US reactors The Biden administration is considering banning imports of enriched Russian uranium using executive authority as congressional efforts to block the Kremlin’s shipments of the reactor fuel stall, people familiar with the matter said. Officials from the White House National …
Calle Schlettwein Minister of agriculture, water and land reform Calle Schlettwein says Russian company Uranium One Group, which aims to start a uranium mining venture near the Stampriet Aquifer, has ignored the authorities’ recommendations to attain a water permit. Schlettwein was recently responding to questions posed by United People’s Movement member of parliament Jan van …
Boss Energy Limited’s Honeymoon in-situ leach project in South Australia has produced its first drum of uranium in more than a decade, a major milestone in a commissioning process that will see production ramp up to 2.45 million pounds U3O8 (942 tU) per year. The company also expects first production soon at its Alta Mesa …
Russian environmentalists are sounding the alarm about a radioactive leak threat as floodwaters approach a uranium mine in the region of Kurgan in Russia’s Urals mountains. The Russian Urals region and neighboring northern Kazakhstan have suffered the worst flooding in 80 years amid heavy rainfall exacerbated by large snowfalls, which are melting rapidly as a …
