KazAtomProm is making progress in its transition to become a market-led, flexible supplier, the company’s Chief Commercial Officer Riaz Rizvi said today at the World Nuclear Association’s Symposium. The company is transforming its approaches to both production and marketing. Uranium is not alone among extractive industries that are currently experiencing difficult market conditions, Rizvi said. Most …
Russia’s Rosatom expects to sell a 49 percent stake in its Turkish nuclear project to a consortium of Turkish companies by the end of the year, and aims to start construction of the Akkuyu plant by the end of March, a company executive said. Kirill Komarov, Rosatom’s first deputy chief executive for corporate development and …
The nation’s nuclear watchdog gave conditional approval Sept. 13 to Tokyo Electric Power Co.’s application to resume operations of its Kashiwazaki-Kariwa nuclear plant. It marks the first time that reactors operated by TEPCO, which manages the crippled Fukushima No. 1 nuclear plant, have passed more stringent reactor regulations imposed by the Nuclear Regulation Authority after …
Japan’s nuclear policy-setting Atomic Energy Commission has issued a report calling for nuclear power to remain a key component of the country’s energy mix despite broad public support for a less nuclear-reliant society. By MARI YAMAGUCHI, Associated Press TOKYO (AP) — Japan’s nuclear policy-setting Atomic Energy Commission called Thursday for nuclear power to remain a …
Saudi Arabia is expected to launch a tender process for its first nuclear reactors as early as next month and will reach out to potential vendors from countries including South Korea, France and China, industry sources said. The world’s top oil exporter wants to start construction next year on two plants with a total capacity …
World Nuclear Association Director-General Agneta Rising today called on governments, expert bodies and the nuclear industry to do more to ensure that nuclear energy can make the full contribution that society requires to meet its future clean energy needs. Rising was speaking at a press event at the World Nuclear Association Symposium, being held this …
The first of three steam generators has been installed at Karachi unit 2. The unit is the first of two Chinese-designed Hualong One nuclear power reactors being constructed at the site in Pakistan. The operation to raise the steam generator – some 21 meters in length and weighing about 365 tonnes – over the reactor …
China National Nuclear Power Co Ltd (CNNP), a unit of one of the country’s three largest State-owned nuclear operators, has announced plans to establish a Hebei-based company to promote the development of traveling-wave reactor, or TWR, technology. The move will be carried out in partnership with Huadian Fuxin Energy Limited Company, Zhejiang Zheneng Electric Power Co Ltd, …
Energy Fuels, a leading US producer of uranium, expects to be the country’s top producer at about 650,000 lb in 2017 and could triple its annual output if prices rose from the current $20/lb, a company official said Monday. In comments webcast on the company’s website Monday afternoon, Curtis Moore, vice president of markets and …
FUKUOKA – Kyushu Electric Power Co. is planning to restart two nuclear reactors at its Genkai power plant in Saga Prefecture next year, the utility’s president said Tuesday. The Nos. 3 and 4 reactors are tentatively scheduled for January and March restarts, respectively, and would bring the number of the utilities’ reactors back online to four, …