IAEA conducts first nuclear security assessment on China

BEIJING, Aug. 28 (Xinhua) — The International Atomic Energy Agency (IAEA) Monday started its first nuclear security assessment of China, at the request of China Atomic Energy Authority (CAEA). During the ten-day assessment, the agency will review China’s nuclear security system, laws and government supervision, and visit nuclear plants in Zhejiang Province, according to the …

Kazakhstan seeks to further promote global nuclear security, set to launch LEU Bank to boost nuclear power industry

ASTANA – The International Atomic Energy Agency’s (IAEA) Low Enriched Uranium (LEU) Bank will be launched Aug. 29 at the Ulba Metallurgical Plant in Ust-Kamenogorsk, said Parliament Senate Chairman Kassym-Jomart Tokayev at the opening of the 62nd Pugwash Conference on Science and World Affairs here on Aug. 25. The conference titled “Confronting New Nuclear Dangers,” …

Here’s How Warren Buffett Bankrolled A Uranium Bank In Kazakhstan

An international nuclear watchdog agency will open the first independent “bank” for nuclear reactor fuel on Aug. 29 in Kazakhstan, a bid to forestall developing nations from building their own nuclear capabilities. Uranium can both make electricity and make bombs, a key dilemma of the nuclear age. The International Atomic Energy Agency’s low-enriched uranium (LEU) bank is intended to …

U.S. Energy Dept grid study calls for boost to coal, nuclear power

WASHINGTON (Reuters) – A U.S. Energy Department report calls for incentives to boost coal-fired and nuclear power plants following a slew of closures that it said undermined reliable sources of electricity. The findings of the study, released late on Wednesday, drew scorn from renewable energy advocates but praise from the coal and nuclear industries. The …

Energy Fuels lifts Canyon Mine uranium resource, adds copper

A new independent mineral resource estimate for uranium junior Energy Fuels’ Canyon Mine project, in Arizona, has increased the uranium oxide (U3O8) resource by one-million pounds, and for the first time outlined a copper resource. The TSX-V- and NYSE MKT-listed miner said on Wednesday that the bulk of the resource growth was a function of upgrading inferred resources to the measured and …

Ukraine Buys Nuclear Fuel for $213 Mln in Six Months of 2017

KYIV. Aug 22 (Interfax-Ukraine) – Ukraine in January-June this year purchased nuclear fuel for a total of $212.808 million. According to the State Statistics Service, during this period Ukrainian nuclear power plants purchased Russian fuel for $130.076 million, Swedish products worth $82.732 million. Thus, the share of purchases of nuclear fuel by Ukraine in January-May …

Uranium bank will mitigate ‘growing risk’ of nuclear fuel being weaponised

Former US Senator Sam Nunn co-founded the Nuclear Threat Initiative, a non-profit aimed at preventing attacks from weapons of mass destruction. And he claims the imminent opening of the UN atomic watchdog’s Uranium bank in Kazakhstan next week will help increase global security from the risk of possible atomic warfare. The International Atomic Energy Agency …

Uranium sale talks at advanced stage

Australian official rejects reports of delay, and says move won’t slow down coal exports Discussions are at a ‘well-advanced’ stage for Australia’s uranium sale to India, to fuel nuclear power plants in the energy-starved developing nation, according to an Australian government body’s top official. Dismissing allegations that uranium supply was facing ‘delays’ due to the …