Tonko sees role for nuclear in net-zero emissions push

The New York congressman conceded the Covid-19 pandemic has “disrupted” Democrats’ plans to consider climate change legislation this year. Rep. Paul Tonko (D-N.Y.), who is fine-tuning legislation in the House that aims to push the U.S. toward net-zero greenhouse gas emissions by 2050, said on Tuesday he did not favor banning nuclear power. “Clean energy …

Kazakhstan loosens grip on world’s top uranium miner – MINING.COM

Kazakhstan’s sovereign wealth fund, Samruk Kazyna, said on Wednesday it had sold a 6.27% stake in Kazatomprom, the world’s top state-owned uranium miner, for $206 million in a move that sought to take advantage of improved market sentiment. The fund, created in 2008, said it sold the shares at $13 per global depositary receipt, a discount of …

The US uranium purchases from non-allies exceeded those from allies for the first time

Activity in uranium markets slipped back to more normal levels in May as utilities remain reluctant to commit. -US uranium purchases up 20% in 2019 -Purchases from non-allies exceeded those from allies -Utilities still expected to come to the market this year A recent US Department of Energy report into the US uranium market, which …