Jordan declares uranium plant ‘fully operational’

Jordan has been operating a “pioneering” processing plant to recover yellowcake from uranium ores since the start of the year, the head of the country’s Atomic Energy Commission has announced. Khaled Toukan’s remarks were reported by state news agency Petra and shared by the Jordanian Uranium Mining Company (JUMCO), operator of the plant. JUMCO, which …

New uranium fund begins trading

The newly created Sprott Physical Uranium Trust has begun trading on the Toronto Stock Exchange after Sprott Asset Management LP, a wholly owned subsidiary of precious metals and real assets investments company Sprott Inc, completed a previously announced transaction with Uranium Participation Corporation (UPC). Sprott Asset Management earlier this year entered into a definitive agreement …

IAEA Director General Highlights Achievements, Sees Evolving Safeguards Regime for Members of Brazilian-Argentine Nuclear Verification Agency

The Brazilian-Argentine verification agency ABACC is a great achievement that brought transparency to both countries’ nuclear programmes, which have since grown significantly and would benefit from a commensurate safeguards approach, IAEA Director General Rafael Mariano Grossi said at an event to mark the 30th anniversary of the institution in Rio de Janeiro, Brazil. Created in …

Capito, Whitehouse, Barrasso, Booker, Crapo introduce legislation to preserve and expand America’s nuclear energy sector

WASHINGTON, D.C. – U.S. Senator Shelley Moore Capito (R-W.Va.), Ranking Member of the Senate Environment and Public Works (EPW) Committee, along with Senators Sheldon Whitehouse (D-R.I.), John Barrasso (R-Wyo.), Cory Booker (D-N.J.), and Mike Crapo (R-Idaho) reintroduced the American Nuclear Infrastructure Act (ANIA), which would improve the nation’s nuclear infrastructure, secure America’s uranium supply chain, grow the …

China starts construction of demonstration SMR

Construction officially started today of the ACP100 small modular reactor demonstration project at the Changjiang nuclear power plant on China’s island province of Hainan. China National Nuclear Corporation (CNNC) said the project will be the world’s first land-based commercial SMR. The multi-purpose 125 MWe pressurised water reactor (PWR) – also referred to as the Linglong …

ESA reviews COVID impacts on supply and demand

The COVID-19 pandemic has significantly influenced the uranium market as several companies announced in the second quarter of 2020 measures leading to an important decrease of uranium production and related services, the Euratom Supply Agency (ESA) says in its newly released 2020 Annual Report. The report provides an overview of nuclear fuel supply and demand …