Uranium firms adjust to COVID-19 impact

Kazatomprom’s uranium inventory will enable it to meet its commitments should mine production or the ability to physically deliver material be impacted by the COVID-19 outbreak, the company said yesterday. Meanwhile, GoviEx Uranium Inc has cancelled the second tranche of a non-brokered private placement offering, while NxGold Ltd and Mega Uranium Ltd have mutually agreed …

UAE Becomes First Peaceful Nuclear Operating Nation in Arab World

The Emirates Nuclear Energy Corporation (ENEC) announced today that, following the successful completion of fuel assembly loading into Unit 1, the UAE has officially become a peaceful nuclear energy operating nation. The Nation also becomes the first country in the Arab World to achieve this status, joining a limited group of countries worldwide that have …

Trump administration to renew Iran sanctions waivers amid worries over US nuclear supply

Concerns over the United States’ nuclear supply have prompted the State Department to renew sanctions waivers for companies working on Iran’s civilian nuclear program, according to senior U.S. officials. Failing to extend these waivers otherwise would expose a Russian nuclear company to American sanctions. Rosatom, a Russian state nuclear company, helps Iran operate its civilian nuclear program – …

Romania to scrap deal with Chinese partner to expand Cernavoda nuclear power plant

Romania’s government will exit the deal with its Chinese partner China General Nuclear Power Corporation (CGN) on the construction of reactors 3 and 4 at the Cernavoda nuclear power plant, Prime Minister Ludovic Orban announced in an interview with Hotnews.ro. He invoked the European Union’s Green Deal rather than security issues or cost concerns circulated …

4 nuclear reactors under consideration by electricity commission

The Federal Electricity Commission (CFE) is looking into building four nuclear reactors. “We consider it advisable that we install two more reactors at the Laguna Verde nuclear power plant [in Veracruz] and two on the Pacific coast,” CFE thermoelectric generation coordinator Héctor López Villareal told a press conference. The cost of each 1,400-megawatt (MW) reactor, with …

Franco-Uzbek uranium mining JV launched

Orano has formally established a joint venture company with Uzbekistan’s State Committee on Geological and Mineral Resources (GosComGeology). The new company, Nurlikum Mining, will conduct mineral exploration and mining activities in the Central Asian country. Formed at a general meeting in Tashkent on 2 December, Nurlikum Mining is part of a strategic partnership agreed between Orano and …

Jordan plans to sign uranium production agreement with Egypt

Jordan is planning to sign an agreement with Egypt to develop peaceful uses of nuclear energy and uranium production, Khaled Toukan, chairperson of the Jordanian Atomic Energy Commission told Daily News Egypt. Toukan, said that there have been meetings with officials of the Egyptian Atomic Energy Authority and the Nuclear Materials Authority over the past …

CNNC powers China-Namibia relations

  Namibian President Hage Geingob said that the Rossing Uranium Mine — operated and managed by the China National Nuclear Corporation, or CNNC — is one of the important projects in China-Namibia cooperation. The President, speaking during a recent meeting with Chinese officials, said Namibia welcomes more investment from Chinese companies in infrastructure, mining and …

Energy-starved Africa looks to India for nuclear reactors

As part of India’s strategy to expand its footprint in Africa, the National Democratic Alliance (NDA) government is exploring supply of small nuclear power reactors to the electricity-starved countries. Interestingly, India’s civilian nuclear power programme has caught the fancy of African countries because climate change has impacted their conventional hydropower generation capacity, which was primarily …