On a recent morning, the Nichols Ranch mine was quietly leaching uranium from rock formations buried hundreds of feet beneath the surface of the Powder River Basin. A handful of employees slept in a trailer outside the plant after their 12-hour shifts as mine manager Bernard Bonifas pulled up at the main office to …
PARIS (Reuters) – The French state has fully subscribed to a 2.5 billion euro ($2.92 billion) capital increase of nuclear fuel group Areva NewCo, completing one of the last stages of a complex state-funded restructuring of the company, Areva said on Thursday. Areva (AREVA.PA) said that the 500 million euros that Japanese companies Mitsubishi Heavy …
In 2015, India communicated its intended nationally determined contribution (INDC) for the period 2021-30 consisting of eight elements. Of these, two have a direct relationship with nuclear energy: to achieve about 40% cumulative electric power installed capacity from nonfossil fuel-based energy resources by 2030, and to reduce the emissions intensity of its GDP by …
When the market recovers, the uranium industry won’t need a tax break. But it does now, industry representatives say.Citing low prices and employment, the Wyoming Mining Association will make the case for a state tax cut on uranium when lawmakers meet Thursday in Casper. The cuts worked once before, they say. In the early ‘90s, …
Russian nuclear monopoly Rosatom plans to further increase the volume of its uranium supplies to the US in the coming years, as the company considers the US market as strategic for its further development. Currently export portfolio of Rosatom includes 25 contracts on the supplies of uranium to the US, with a total value of …
International Atomic Energy Agency (IAEA) director-general Yukiya Amano yesterday updated the agency’s board of governors on recent developments including the IAEA’s storage facility for low-enriched uranium (LEU) – known as the LEU Bank – which will be inaugurated on 29 August and should receive its first uranium in 2018. The facility, at the Ulba Metallaurgical …
