The U.S. could establish a national strategic uranium reserve for the first time in the country’s history, thanks to $75 million in funding included in the federal spending bill signed by President Donald Trump this week. In addition, a piece of legislation passed in the giant omnibus funding bill would limit the import of uranium …
The world’s largest uranium producer Kazatomprom and China’s CGN Mining announced today that Kazatomprom will sell to CGN up to a 49% interest in its wholly owned subsidiary, Ortalyk, on market terms determined by a third-party valuation. Ortalyk owns 100% interest in the Mynkuduk and Zhalpak uranium deposits in Kazakhstan. Mynkuduk has a designed capacity …
International treaties governing nuclear security serve as frameworks based on shared experience, but they are not a substitute for practical and ongoing cooperation. This was one of the messages from delegates at NP1 – The Nuclear Power Conference Israel – Threats, Challenges, Opportunities. The 10 November event took place amid growing concern about Iran’s move away …
The UK and the European Atomic Energy Community (Euratom) have signed a Nuclear Cooperation Agreement (NCA). This is separate from the wider UK-EU Trade and Cooperation Agreement that was also announced on 24 December and which has since been approved by ambassadors from the 27 EU Member States, paving the way for it to take …
Construction work has started on the second CFR-600 sodium-cooled pool-type fast-neutron nuclear reactor in Xiapu County, in China’s Fujian province. Also known as the Xiapu fast reactor demonstration project, the CFR-600 is part of China’s plan to achieve a closed nuclear fuel cycle. Construction of unit 1 started in late 2017. The fuel will be …
Sufficient uranium resources exist to support the long-term, sustainable use of nuclear energy, according to the latest edition of the OECD Nuclear Energy Agency (NEA) and International Atomic Energy Agency (IAEA) joint report on uranium resources, production and demand. However, the impact of the ongoing COVID-19 pandemic on the industry and recent reductions in uranium …
Italy’s Enel has announced that its subsidiary Enel Produzione and the Czech company Energetický a Průmyslový Holding (EPH) have agreed to a provide additional loans for the completion of Mochovce 3 and 4 in the Slovak Republic, and altered the terms for EPH to eventually buy out Enel’s stake in Slovenské elektrárne. They and EP …
The US Congress voted to approve appropriations for fiscal year 2021 that includes USD1.5 billion for the Department of Energy’s Office of Nuclear Energy. The appropriations also include USD150 million to initiate the uranium reserve programme to address challenges to the production of domestic uranium. The Consolidated Appropriations Act of 2021, approved by Congress on 21 …
While still primarily relying on coal to meet its energy needs, China says it is committed to playing its part in the global fight against climate change. A white paper published yesterday by the State Council says the country will increase the share of clean energy sources, including nuclear, in its energy mix. The State …
On December 22, 2020 the pilot operation stage started at Belarus NPP power unit 1 of III+Gen with VVER-1200 reactor (ROSATOM’s Engineering Division is the General Designer and the General Contractor), as specialists started a gradual reactor power increase up to the rated power. A permit to proceed to this stage was issued by the …
