TVEL, the fuel manufacturer subsidiary of Russia’s Rosatom, has signed a contract with India’s Department of Atomic Energy for supplies of uranium fuel pellets for the Tarapur boiling water reactors (BWRs). A key component of nuclear fuel, a pellet consists of pressed-powder uranium dioxide that has previously been enriched with the U-235 isotope. Such fuel …
The focus on tackling the electricity supply deficiency in Sub-Saharan Africa has been on renewable energy over the last decade. In particular, the potential of solar and wind energy has been most loudly heralded as the solutions for the hundreds of millions of Africans without access to any electricity. The ability to use innovative, off-grid …
Kazakhstan exported 14,200 tons of uranium in January-September 2018, which in money amounted to $699.1 million, Trend reports referring to EnergyProm.kz. Thus, uranium exports in physical terms decreased by 18.8 percent, and in money by 17 percent year-on-year due to a decrease in demand in the market of uranium products. The largest supplies of uranium …
Five countries have submitted their requests for the establishment of two nuclear reactors in Saudi Arabia on the Arabian Gulf coast. The bid was made after the peaceful Saudi nuclear project met the requirements of the International Atomic Energy Agency (IAEA). The oil-rich Kingdom launched a tender to define specifications of sites that will host …
China’s nuclear power generation increased in 2018 as the country installed more reactor units, official data showed. Altogether 294.4 billion kWh of nuclear power was generated last year, up 18.6 percent year on year, according to the China Electricity Council (CEC). It accounted for 4.2 percent of the country’s overall electricity generation, saving 90 million …
The Japanese firm Hitachi has shelved a planned new nuclear plant at the Wylfa site on Anglesey in Wales, leaving a large hole in the UK government’s climate and energy strategy. The news comes just months after the planned Moorside plant in Cumbria was scrapped by Toshiba, another Japanese conglomerate. Hitachi’s UK subsidiary, Horizon, has also suspended …
The uranium market is prompting cautious optimism for observers after a 30% price rally since spring 2018, but developing a uranium mine remains a risky proposition for a host of reasons. With the market at a crossroads and high-profile mining projects encountering difficulties at various stages of development, is the optimism justified? After years of …
Hitachi’s decision to freeze its $28 billion nuclear power project in Britain strengthens the hand of France’s EDF and its Chinese partner in talks with the government on how to finance new reactors. Funding new nuclear plants has become critical as Hitachi became the second Japanese firm to say its British nuclear power project had …
China’s southern Guangdong province is on a spree constructing nuclear power plants, with the latest addition to the province’s nuclear plant cluster in the city of Huizhou, 90 kilometers northeast of Hong Kong. Six reactors there will generate 50 billion kilowatt-hours per year to quench the province’s thirst for electricity. The 120 billion yuan (US$17.74 billion) …
Happy New Year and thank you for your readership. We appreciate your interest!! Listed below are the most read articles on SIGHTLINE U3O8 in 2018. The Global X Uranium ETF resets their expectations – May 2, 2018 Uranium Demand: Is it coming or going? – February 6, 2018 UComps: Uranium Development Stage Projects: Show me the money? – October 4, …
