To Revive U.S. Nuclear Power, Learn From Canada

While the U.S. commercial nuclear power sector continues to suffer major contraction, the outlook in Canada is much brighter. Since October 2012, U.S. nuclear operators have announced they are closing more than 20 reactors at 16 plants. By contrast, Canadians are spending more than $25 billion to refurbish 10 nuclear reactors. Ontario Power Generation, owned by …

Kazatomprom delivers uranium to Brazil

The National Atomic Company of Kazakhstan (Kazatomprom) has expanded the sales geography in the world nuclear fuel market, with a contract to sell uranium to Brazil. Kazatomprom said on Wednesday that it had won the bid for the supply of natural uranium concentrates to State-owned nuclear fuel company Indústrias Nucleares do Brasil. The uranium miner said that the contract was significant in the context …

Take Advantage Of The Reduced Supply Among Uranium Producers

Summary Global uranium supply is decreasing, and the long-term demand is increasing. Cameco is testing the depth of the spot market with significant purchases to fulfill long-term delivery commitments. Cameco is one of the few companies that remain consistently cash flow positive in the industry. Energy Fuels’ spare capacity makes them an interesting investment in …

Europe and Iran reiterate commitment to JCPOA

Miguel Arias Cañete and Ali Akbar Salehi meet in Tehran (Image: European Union/EC-Audiovisual Service) The European Commission and the Atomic Energy Organisation of Iran (AEOI) have confirmed their continuing commitment towards implementation of the Joint Comprehensive Plan of Action (JCPOA), following a visit by European commissioner for climate action and energy Miguel Arias Cañete to Tehran. …

Russia’s Floating Nuclear Power Plant Heads for the Bering Strait

Russia’s got a floating nuclear plant on a barge, and it’s heading for the Bering Strait — just a short hop from Alaska. The “Akademik Lomonosov,” according to a statement from Russian nuclear energy company Rosatom, docked in the Russian port of Murmansk on Saturday (May 19). There it will receive its supply of nuclear fuel. Tugboats will …

Review of Japanese nuclear fuel reprocessing plant resumes

Japan’s nuclear regulator has resumed its review of an under-construction nuclear fuel reprocessing plant, following a suspension of 8 months because of a maintenance problem discovered last summer. The Nuclear Regulation Authority on Thursday resumed its review of the plant in Rokkasho Village in Aomori Prefecture. The resumption came after the plant’s operator, Japan Nuclear …

Rosatom expands overseas links with new agreements

Rosatom, the Russian state nuclear corporation, yesterday signed a series of agreements with overseas companies during the Atomexpo conference and exhibition being held this week in Sochi, Russia. The agreements, with Chile, China, Cuba, Finland, Hungary, Iran, Italy, Kazakhstan, Saudi Arabia, Serbia, Spain and Zambia, include the engineering and medical sectors, among others. Rosatom and …