IAEA, Russia sign agreement on uranium transportation to Kazakhstan

International Atomic Energy Agency and the Russian Federation have signed Sept. 17 an implementing agreement on the transportation of low enriched uranium (LEU) and equipment necessary for the functioning of the IAEA’s LEU Bank in Kazakhstan, RIA Novosti reported. The agreement has been signed by Oleg Kozin, Deputy General Director for Logistics of Techsnabexport JSC, …

IAEA highlights nuclear’s role in combating climate change

Nuclear power can make a “vital contribution to meeting climate change targets while delivering the increasingly large quantities of electricity needed for global economic development,” according to a new report by International Atomic Energy Agency (IAEA). The report, Climate Change and Nuclear Power 2018, was published last week and has been updated from the last report …

T.DML Discovers Uranium Mineralization Three Kilometres Northeast of the Huskie Zone, Waterbury Lake Project

Denison Mines Corp. (“Denison” or the “Company”) (DML: TSX, DNN: NYSE American) is pleased to report a new discovery of uranium mineralization on the Company’s Waterbury Lake project, located in the infrastructure rich eastern portion of the Athabasca Basin region in northern Saskatchewan. Basement-hosted uranium mineralization was intersected in two drill holes, approximately three kilometres …

Here’s why investors are starting to put uranium in the battery metal basket

It’s clear that electric cars will have a huge impact on battery metals — but not many investors realise the impact they will have on demand for uranium. Electric vehicles (or “EVs”) will be charged from mains power around the clock, dramatically increasing power demand from the electricity grid in coming years. Nuclear power is expected to play a crucial role …

America’s National Security Is Undermined by Reliance on Foreign Uranium

Nuclear power generation provides about 11 percent of the world’s electricity from approximately 450 nuclear reactors. The United States is far and away the world’s largest producer of nuclear power, accounting for more than 30 percent of worldwide nuclear generation of electricity. The United States has 99 nuclear reactors, which produced 805 billion kilowatt hours (kWh) in …

Regulator approval nears for Aomori’s Rokkasho nuclear fuel processing plant

A spent nuclear fuel reprocessing plant in Rokkasho, Aomori Prefecture, looks set to gain approval for full operation as the country’s regulator completed most of its safety review Friday. The Nuclear Regulation Authority checked remaining safety measures against the risks of earthquakes and volcanic eruptions, and its members made no objection. Operator Japan Nuclear Fuel …

Rosatom plans to commission two units at Xudabao NPP in China in 2027-2028

Russia’s state-run nuclear corporation Rosatom plans to commission the third and fourth power units of Xudabao nuclear power plant (NPP) in China in 2027-2028, Chief Executive Officer Aleksei Likhachev said at the Eastern Economic Forum. “The plan is to shift to the generation stage already in 2027-2028,” he said, adding that the Russian company is …

Nuclear costs must fall to be competitive, says NEA’s Magwood

If countries are serious about combatting climate change, then they will reform their electricity markets, William Magwood, director general of the OECD Nuclear Energy Agency (NEA), told delegates at the World Nuclear Association Symposium 2018 held in London last week. Magwood highlighted one of the three objectives of the Harmony initiative – a level playing …