Mining, production, shipments, and sales U.S. uranium mines produced 677,000 pounds of triuranium octoxide (U3O8), or uranium concentrate, in 2024, a significant increase from the 50,000 pounds produced in 2023. The production of U3O8 is the first step in the nuclear fuel production process, preceding the conversion of U3O8 into uranium hexafluoride (UF6 ) to enable uranium enrichment, …
The U.S. Department of Energy today announced the next steps in the Trump administration’s efforts to strengthen domestic supply chains for nuclear fuel. The U.S. Department of Energy (DOE) today announced the next steps in the Trump administration’s efforts to strengthen domestic supply chains for nuclear fuel. DOE has conditionally selected Standard Nuclear as the …
According to Orano’s CEO Nicolas Maes, the trade agreement between the European Union (EU) and the United States will not affect the company, because the U.S. government has not yet imposed any tariffs on its uranium fuels. According to the agreement announced on Sunday, the EU has agreed to buy nuclear energy products as well …
Kazakhstan is considering deepening its nuclear energy partnership with China, with plans potentially underway for the construction of a third nuclear power plant (NPP) by a Chinese company, First Deputy Prime Minister Roman Sklyar stated. Sklyar made the announcement during a press conference, suggesting that the same Chinese firm involved in Kazakhstan’s second planned NPP—China …
Construction of Mkuju River project. Credit: Mantra Tanzania Ltd A subsidiary of Russia’s state nuclear corporation Rosatom has launched a pilot uranium processing plant at the Mkuju River project in southern Tanzania, Rosatom said on Wednesday. Built by Mantra Tanzania Ltd at the Nyota deposit, the facility is designed to gather data for the construction …
Boss EnergyLimited(ASX: BOE; OTCQX: BQSSF)is pleased to provide FY26 guidance for its Honeymoon Uranium Operationin South Australia. Honeymoon will continue its operational ramp-up during the year, having exceeded its first-year production and cost guidance of U3O8drummed.As a result, production guidance for FY26 is1.6M lbsU3O8. C1 cash cost guidancef or FY26is A$41-45/lb (US$27-29/lb)and all in sustaining …
The European Union and the United States have agreed to implement a basic tariff of 15% on European goods imported into the U.S., amid ongoing tensions and complex trade negotiations. This development emerged from a meeting between European Commission President Ursula von der Leyen and U.S. President Donald Trump in Scotland, an event that many …
The U.S. Department of Energy (DOE) prepared an amended record of decision (ROD) for Highly Enriched Uranium Blend Down to High-Assay Low-Enriched Uranium at the Savannah River Site (DOE/EIS-0240 and DOE/EIS-0279). Amended Record of Decision for Highly Enriched Uranium Blend Down to High-Assay Low-Enriched Uranium at the Savannah River Site; Aiken, South Carolina The U.S. …
With an estimated 139 million tonnes of uranium deposits and a projected mine life of 22 years, Tanzania is set to become one of the top 10 global uranium producers, Minister for Minerals Anthony Mavunde said on Tuesday, Azernews reports, citing foreign media. Mavunde made the remarks during an inspection of a strategic uranium mining project in …
On July 18, it was announced by the China Atomic Energy Authority (CAEA) that a team of Chinese experts had discovered the world’s deepest sandstone-type industrial uranium mineralization at a depth of 1,820 meters in the Tarim Basin in Xinjiang. This breakthrough sets a new global record for the deepest discovery of sandstone-type industrial uranium mineralization, marking China’s …