Cameco handed court victory over WA uranium prospect

A uranium deposit in Western Australia under development by Cameco (TSX:CCO, NYSE:CCJ) will not be held up by conservationists who oppose it. Last week the Conservation Council of WA lost an appeal against the Yeelirrie project’s approval by the WA Supreme Court. In his judgment, Chief Justice Wayne Martin dismissed the CCWA’s contention that environmental approval …

Nuclear Power Market in Kazakhstan

The new report from Energy & Natural Resources Market Reports has been published today. It provides updated in 2018 year analysis of energy & natural resources industries. Kazakhstan is situated in an unstable region, bordering weak Central Asian republics such as Uzbekistan and near war-torn Afghanistan. Kazakhstan has a major plant making nuclear fuel pellets and aims …

Russian factory launches new centrifuges for uranium enrichment

YEKATERINBURG, December 28. /TASS/. New-generation gas centrifuge for uranium enrichment came on stream at the Urals Electrochemical Factory [Novouralsk, Sverdlovsk region] on Thursday, the press service of the factory told TASS. “The enterprise successfully launched five sections of a technological unit equipped with ninth-generation gas centrifuges,” the report said. According to Mikhail Denisov, the chief of …

Uranium Prices – KasAtomProm Takes Control

EXCLUSIVE TO SIGHTLINE U3O8 – Since 2007, Kazakhstan has raced to become the world’s largest producer of uranium. With the second highest amount of known recoverable uranium resources and one of the lowest production costs in the industry, Kazakhstan has positioned itself perfectly to dominate the uranium market. So, what have they done with those …

Areva says state subscribed to 2.5 billion euro capital increase for NewCo

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 …

India must achieve the target of 63 GW nuclear-installed capacity by 2032

  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 …