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,” …
There’s nothing to be too concerned about at uranium miner Cameco Corp (NYSE: CCJ) right now. It’s still the best pure-play uranium miner around and remains a very conservatively run company. But you need to keep an eye on its contracts. They are helping the miner immensely today, but as the long uranium downturn drags on they inch …
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 …
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 …
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 …
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 …
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 …
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 …
Russia hopes to finalize all necessary licenses and permits for Akkuyu, Turkey’s first nuclear plant, by the end of the year, Russian Energy Minister Alexander Novak has said. Contracting parties are working to obtain the last of the licenses for Akkuyu, Novak told state-run Anadolu Agency over the Aug. 19-20 weekend. Russia’s Rosatom and Turkish consortium Cengiz-Kolin-Kalyon …
By the end of 2017, solar PV capacity will rival nuclear. By 2022, it could more than double nuclear capacity. The global solar market has been downgraded for 2017. A worrying sign? Hardly. Even with a 4-gigawatt downward adjustment in projected installations, it’s still going to be a record-breaking year for new solar capacity additions …