UComps: Project Generation Capability for Uranium Explorers

EXCLUSIVE TO SIGHTLINE U3O8 – This month’s UComparables edition will focus on the Uranium Explorers’ ability to be project generators and de-risk exploration by accessing capital from partners to fund the high-risk and expensive drilling phases of exploration.  A project generator (“PG”) is defined as a company that acquires and maintains a portfolio of multiple …

UComps: Uranium Developers’ Stage

EXCLUSIVE TO SIGHTLINE U3O8 –This month’s UComparables edition will focus on the Uranium Developers and the simple metrics of their key project’s stage of development – specifically, resource size, grade and mining method. As stated in the past, it is not our intention to provide analysis or opinion as to the investment potential of these …

Keeping Score of Canada’s Infamous Uranium Reservoir – The Athabasca Basin

EXCLUSIVE TO SIGHTLINE|U3O8 – Anyone who follows the uranium market is familiar with Canada’s legendary Athabasca Basin (the “Basin”) – host to the “world’s richest uranium deposits with U3O8 grades reaching 10 times that seen around the rest of the world”. Most, however, may not be familiar the true bounty of the region’s uranium stores …

Uranium Underfeeding: Big Price Factor? (Part 1)

EXCLUSIVE TO SOURCELINE U3O8 – Since 2007, U3O8 prices have largely been moving in one direction – down. With long-term and spot prices languishing at 12-year lows, the uranium sector has been struggling over the past few years. Many analysts will cite uranium underfeeding and the subsequent sale of additional enriched uranium on the spot …

Uranium Week: Ups And Downs

The importance of nuclear energy for the transition toward a clean and affordable energy system was highlighted at the 24th World Energy Congress in Abu Dhabi this week, industry consultant TradeTech reports. During a nuclear industry panel, Mohamed Al Hammadi, CEO of Emirates Nuclear Energy Corp, noted that nuclear technologies are “proven, economically viable, safe, …

IAEA Concludes Long Term Operational Safety Review at South Africa’s Koeberg Nuclear Power Plant

An International Atomic Energy Agency (IAEA) team of experts has completed a review of long term operational safety at the Koeberg Nuclear Power Plant (NPP) in South Africa. The Pre-SALTO (Safety Aspects of Long Term Operation) review mission was requested by the Government of South Africa’s Department of Energy. Koeberg is South Africa’s only nuclear …

Russian ship-borne nuclear power plant towed to Arctic port

The first-ever floating nuclear power plant, built by Russia, has arrived at its Arctic port in the nation’s far east. The Rosatom nuclear agency reported that the Akademik Lomonosov ship-borne reactor plant is at the Pevek port and nearly ready for commercial operation. Power Engineering reported in April that the Lomonsov passed a series of tests …

IAEA and ASEAN Strengthen Cooperation in Nuclear Science, Technology and Applications, and Nuclear Safety, Security and Safeguards

The use of nuclear science and technology for peaceful purposes is to become more widespread in Southeast Asia, following the signature of Practical Arrangements between the IAEA and the Association of Southeast Asian Nations (ASEAN) on the margins of the IAEA’s General Conference today. These Practical Arrangements, which were signed by IAEA Acting Director General …

Fuel assembly for world’s first Hualong One reactor ships out

CNNC began shipping Chinese-made fuel assemblies for the Fuqing Nuclear Power Plant, the world’s first HPR1000 (Hualong One) nuclear reactor, on Sept 10. The assemblies first had to pass inspection. Construction on the world’s first HPR1000 nuclear reactor is progressing according to schedule. The fuel assembly shipment marks that CNNC is now capable of mass …

Kazatomprom signs agreement with Brazilian nuclear utility

JSC National Atomic Company “Kazatomprom” (“Kazatomprom” or “the Company”) announces today that it has signed a commercial agreement to supply natural uranium to the Brazilian state company, Indústrias Nucleares do Brasil (INB). Kazatomprom was successful in winning INB’s commercial competition to supply natural uranium hexafluoride for the needs of the Brazilian nuclear power industry (http://www.inb.gov.br/Acesso-a-Informacao/Licitacoes-e-contratos/Licitacoes). …

US nuclear lab partners with utilities to produce hydrogen

The U.S. government’s primary nuclear lab is partnering with three energy utilities to find an economical way to use nuclear energy to produce hydrogen that can be stored and used to power everything from industry to personal vehicles, officials said Wednesday. The U.S. Department of Energy said the Idaho National Laboratory will work with Ohio-based …

Disputing colleague, new Japan minister calls no-nukes policy ‘unrealistic’

Ridding Japan of nuclear power completely is unrealistic, the new industry minister said on Thursday, toeing the government’s line but contradicting comments made a day earlier by the new environment minister. “There are risks and fears about nuclear power,” industry and trade minister Isshu Sugawara told reporters a day after his appointment by Prime Minister …

Kazakhstan Eyes Cooperation With European Organization for Nuclear Research

Officials from Central Asia’s largest country announced this week the government’s intent to join the European Organization for Nuclear Research (CERN) to develop the country’s nuclear research. “Great opportunities in the field of nuclear research are opening up for our scientists,” said Sungat Yesimkhanov, Kazakhstan’s Vice-Minister of Energy, while addressing an extended meeting held Tuesday in the …