WARSAW (Reuters) – Poland will decide later this year whether to build its first nuclear power plant to lower carbon emissions as part of a plan to reduce dependence on coal in the long term, the country’s Energy Minister Krzysztof Tchorzewski said on Monday. Poland, which uses polluting coal to generate most of its electricity, …
Uranium production from the Inkai joint venture in Kazakhstan is forecast to increase by more than 25% this year, according to a new NI 43-101 technical report filed by 40%-owner Cameco. The operation is forecast to reach maximum production of 10.4 million pounds U3O8 per year in 2020. According to the new report – filed …
The Namibian Husab Uranium Mine operated by China’s State-owned China General Nuclear Power Corp had produced over 1,000 metric tons of uranium oxide in 2017. The Husab mine, the third-largest uranium mine, will continue to be optimized in 2018. The company will ramp up its throughput to ensure the mine reaches its design capacity by …
SEOUL, Jan. 23 (Yonhap) — South Korea’s energy minister vowed Tuesday to support local companies’ overseas sales of nuclear reactors, even as the Asian country reduces use of nuclear power as part of its renewable energy initiative. Under the energy transformation policy, South Korea plans to increase use of renewable energy from 7 percent in …
IDAHO FALLS, Idaho (KIFI/KIDK) – Idaho Falls will soon be home to brand new nuclear technology. NuScale Power, a nuclear power company, has created a new nuclear technology to provide energy to cities and Idaho Falls is getting the first power plant. The plant for small modular reactors will be built on the Idaho National Lab site. It will contain …
“It is critical that we maintain a strong domestic nuclear sector; this begins by keeping our existing plants operating,” the NEI’s vice-president for policy development and public affairs told the Forum. Much of the action to preserve existing plants will take place at the state level, he said. New York, Illinois and Connecticut have “shown …
New Areva announced today it has been renamed Orano. New Areva comprises Areva’s nuclear fuel cycle activities that remained after the spin-off and subsequent sale of its reactor business. New NP – Areva’s former reactor business – was renamed Framatome earlier this month. Orano is focused on nuclear materials development and waste management and its activities encompass …
Russia and Argentina signed Tuesday a memorandum of understanding to advance uranium exploration and production in the South American country, which already generates 5% of its electricity with three heavy-water nuclear reactors. The deal, sealed during a visit by Argentine President Mauricio Macri to Moscow, could bring up to $250 million in investments into the country’s sector, according …
(Reuters) – Uranium producers’ deliberate cuts to production should finally begin to prop up prices next year as reserves of the rare metal dwindle and nuclear power generators rush to lock-in long-term contracts, according to sector veteran John Borshoff. Shares in uranium producers briefly rose late last year after the world’s biggest listed producer Cameco …
VANCOUVER (miningweekly.com) – “The disconnect between price and value is as stunning as I’ve ever seen,” founder of The Stock Catalyst Report Michael Alkin told attendees at the Vancouver Resource Investment Conference (VRIC) on Sunday. Industry participants seemed to agree. “If you’re on the fence on getting into uranium… Do you want it for free? The value proposition is so compelling …