IAEA Reviews Saudi Arabia’s Nuclear Power Infrastructure Development

An International Atomic Energy Agency (IAEA) team of experts has concluded a twelve-day mission to the Kingdom of Saudi Arabia to review its development of infrastructure for a nuclear power programme. The Integrated Nuclear Infrastructure Review (INIR), which ended on 24 July, was carried out at the invitation of the Government of Saudi Arabia. Saudi …

Energy minister expresses support for nuclear power

The Ontario Chamber of Commerce has issued a position paper urging Ontario’s new Minister of Energy, Northern Development and Mines Greg Rickford to continue the government’s support for nuclear power. The report, titled Blueprint for Making Ontario Open for Business, suggested the new Ontario government should leverage Ontario’s nuclear sector, “which gives the province key …

China’s CGN eyes stake in UK nuclear stations

Beijing-run giant seeks 49% holding in eight plants. The Chinese government is in early-stage talks to buy a big minority stake in Britain’s fleet of nuclear power stations, The Sunday Times can reveal. China General Nuclear (CGN), the country’s state-run nuclear giant, is understood to have made an approach about acquiring a share of up …

Kazatomprom entered a new European market

Kazakhstan concluded a contract with Swedish Company Vattenfall AB for the supply of natural uranium. The commercial cooperation agreement was signed between Kazatomprom group and Vattenfall AB based on the results of a tender for procurement of nuclear fuel for the needs of their NPPs. Pursuant to their arrangements, the parties complied with all their obligations. The national company …

USA and France Sign Statements of Intent on Advanced Fast Neutron Sodium-Cooled Reactors

WASHINGTON, D.C. – U.S. Energy Secretary Rick Perry and François Jacq, Chairman of France’s Alternative Energies and Atomic Energy Commission (CEA), seized the occasion of President Trump’s Head-of-State welcome for French President Emmanuel Macron to sign two Statements of Intent (SOIs). The signing ushers in a new era of DOE-CEA research and development (R&D) cooperation …

Top U.S. Uranium Producer Files Section 232 Petition

Under difficult uranium market conditions, this U.S. producer is capitalizing on a number of innovative opportunities. Energy Fuels Inc. (EFR:TSX; UUUU:NYSE.American) President and CEO Mark Chalmers addressed the uranium market issues in a recent letter to shareholders, “Things are happening in global uranium markets, namely major production cuts, that we believe will rationalize this market …

Russia brings Chinese funding into uranium mining

Russia has opened its uranium mining industry to foreign investment with an agreement signed yesterday between the Russia-China Investment Fund for Regional Development (RCIF), ARMZ Uranium Holding, and Priargunsky Industrial Mining and Chemical Union (PIMCU). ARMZ and PIMCU are subsidiaries of Russian state nuclear corporation Rosatom. The three parties to the agreement will work on …