Category: U

Russias Rosatom Continues Building Nuclear Power Plants Abroad Despite Coronavirus

By SightlineU3O8   Posted in Pending Reactors U
Posted on

Russian state nuclear corporation Rosatom continues building nuclear power plants in coronavirus-hit countries, Rosatom Director General Alexey Likhachev said on Thursday. “Despite the difficulties with epidemiological situation in certain countries, where Rosatom is building NPPs, projects implementation continues,” Likhachev told reporters. “Of course, maximally tough measures are being implemented in these countries for ensuring safety …

Coronavirus could disrupt normal refueling practices for nuclear facilities as staffing concerns grow

By SightlineU3O8   Posted in Production U
Posted on

The nuclear sector has sprung into action to screen employees for signs of the novel coronavirus and prepare for potential disruptions to their typical refueling practices in light of pandemic-related travel restrictions. Nuclear generators have been enacting pandemic protocols for weeks to continue protecting their workforce. “We were prepared in advance for a range of …

Could Cameco suspension kick-start the uranium sector?

By SightlineU3O8   Posted in Inventory Levels U
Posted on

Cameco Corp. [CCO-TSX; CCJ-NYSE] is temporarily suspending production at its Cigar Lake uranium mine in northern Saskatchewan. It said the move is a safety precaution that stems from the threat posed by the Coronavirus [COVID-19] pandemic. Cameco is one of the world’s leading uranium producers. Cigar Lake is the globe’s largest operating uranium mine and …

T.CCO Suspending Production at Cigar Lake Mine

By SightlineU3O8   Posted in Equities U
Posted on

Cameco (TSX: CCO; NYSE: CCJ) announced today that it is temporarily suspending production at its Cigar Lake uranium mine in northern Saskatchewan and placing the facility in safe care and maintenance mode due to the threat posed by the Coronavirus (COVID-19) pandemic. There are no confirmed cases of COVID-19 among Cameco’s workforce at the present …

ROSATOM develops cooperation with the Republic of Bangladesh

By SightlineU3O8   Posted in Nuclear Attitude U
Posted on

Alexey Likhachev, Director General of ROSATOM met with Prime Minister Sheikh Hasina Wazed in the People’s Republic of Bangladesh. During the meeting, the Parties discussed issues of bilateral cooperation while development and use of nuclear energy for peaceful purposes. The delegation visited Rooppur NPP, the site for construction of the first Nuclear Power Plant in …

Construction advanced in order of Changjiang nuclear projects

By SightlineU3O8   Posted in Pending Reactors U
Posted on

Construction of the second phase of the Changjiang nuclear power plant and of a small reactor demonstration project resumed on Feb 22 and Feb 28 respectively, following on-site inspection and assessment by local government, according to reports from the China National Nuclear Corporation, or CNNC. Located in Changjiang county in South China’s Hainan province, the nuclear power plant is jointly being built …

Kazatomprom may draw down uranium inventory if coronavirus cuts output

By SightlineU3O8   Posted in Inventory Management U
Posted on

Kazatomprom, the world’s largest uranium producer, said Monday it could rely on inventories to meet future physical deliveries in the event U3O8 production is reduced or suspended at operations in Kazakhstan due to the coronavirus outbreak. “In the event that mine production or the ability to physically deliver material is impacted, Kazatomprom’s production decisions and …