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 …
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 …
EXCLUSIVE TO SIGHTLINE U3O8 – When engaging with various members of sightlineu3o8.com, we are often asked about the models we use to predict long-term and spot U3O8 prices. With uranium prices at all time lows and suppliers implementing production cuts to incentivize prices back up, regular readers are anxious to integrate our forecasts into their …
In 1981, the Cigar Lake uranium deposit was discovered in Saskatchewan’s Athabasca Basin. A monster in its day, eventually sizing up at 290MM lbs. of U3O8 at a mine grade of 15%! Seven years later and 45 km (28 miles) away the McArthur River deposit was found, dwarfing Cigar with its 500MM lbs. of U3O8 …
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 …
EXCLUSIVE TO SIGHTLINE U3O8 – With major uranium producers committing to supply cuts in response to record low U3O8 prices, the industry is poised for a strong price trend reversal. As producers take steps to drive U3O8 prices upward, examining the demand side of the U equation becomes critical. Many headlines would suggest that Uranium …
EXCLUSIVE TO SIGHTLINE U3O8 – As discussed last month in Part 1, many analysts will cite uranium underfeeding (enrichment of tail assays) and subsequent sale of low-enriched uranium (LEU) on the spot market as one of the key drivers behind the fall of U3O8 prices. Lower demand drove enrichers to increase underfeeding to prop up …
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 …
Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR), a leading U.S.-based critical materials company, today announced that construction has begun on an expansion of its White Mesa Mill in Utah (Mill) to enable the large-scale production of heavy rare earth oxides, which are planned to be used by Energy Fuels to produce rare earth metals, …
Tata Power Co. expects to build its first nuclear plant as early as 2032, after India ended a decades-old state monopoly in atomic power to bolster its energy security while decarbonizing. The company has shortlisted sites in at least three states to build nuclear projects and will start work after the government finalizes the rules for …
ZAMBIA • Exploration drilling at Chisebuka continued to expand known uranium mineralisation outside the existing Mineral Resource area at the Muntanga Uranium Project in Zambia. Results announced during the quarter included: o 12.7m at 673ppm eU3O8 from 18.0m (CHDTH2193) o 24.0m at 448ppm eU3O8 from 32.2m (CHDTH2192) o 15.9m at 361ppm eU3O8 from 4.7m (CHDTH2192) …
Denison Mines Corp. (“Denison” or the “Company”) (TSX: DML) NYSE American: DNN) is pleased to announce that activities at the Phoenix In-Situ Recovery (“ISR”) uranium mine (“Phoenix” or the “Project”) have transitioned from site preparations to full-scale construction, including initiation of the perimeter freeze wall installation for Phase 1 of the mine. View PDF Version Since the …
The Department of Energy (DOE) has selected Utah, Tennessee, Oklahoma, Louisiana, and Idaho as initial contenders to host Nuclear Lifecycle Innovation Campuses—voluntary federal–state partnerships designed to co-locate fuel fabrication, enrichment, spent fuel reprocessing, and waste disposition within integrated, full‑cycle nuclear ecosystems. U.S. Secretary of Energy Chris Wright signed non-binding memorandums of understanding (MOUs) with the …
Update: WITF News added a disclosure to this story noting that Constellation Energy is a financial supporter of WITF. The newsroom was not aware of Constellation’s support until after publication. Three Mile Island is on schedule to receive nuclear material by the end of the year. The material will be held in storage until the …
These experimental ship designs rely on smaller and potentially safer molten salt nuclear reactors. Massive artificial intelligence data centers and their extreme energy damages are fuelling renewed interest in nuclear power. But it turns out one of the more impactful uses of this atomic-age technology may not come from Three Mile Island or the American heartland. Instead, the hulls of giant cargo ships …
Lower Saxony blames Berlin; Berlin points to the European Commission A subsidiary of Russia’s Rosatom will provide the technology, licences and equipment to produce hexagonal nuclear fuel rods in Germany in a joint venture with state-owned Électricité de France (EDF), extending the Kremlin’s role in the EU nuclear supply chain. Lingen, a town of fewer …
Illinois has opened the door to a new era of nuclear energy generation, but a question remains: Where would new nuclear power plants go? It’s an issue that Gov. JB Pritzker directed state agencies to explore this spring, when he signed his first executive order of the year and as the state seeks to stave …
Framatome’s nuclear fuel manufacturing facility in Richland, Washington, achieved a major licensing milestone with the U.S. Nuclear Regulatory Commission (NRC) approval of a license amendment request (LAR) enabling the site to manufacture fuel with uranium enrichment levels up to 10%. This approval expands domestic capacity for advanced reactor fuel and supports the acceleration of deployment …