Uranium and Fuel rss

US reactors increase Kazakh uranium purchases

06 October 2015

US_uranium_purchases_2007-2014_(EIA)_48 Kazakhstan became the leading supplier of uranium to US nuclear power plants in 2014, overtaking Australia, according to the US Energy Information Administration (EIA). Of the uranium purchased by US reactor owners and operators, 23% was of Kazakh origin, while 20% came from Australia and 18% from Canada.

Success for Kvanefjeld refinery pilot plant

25 September 2015

Kvanefjeld_refinery_pilot_plant_(GMEL)_48The first phase of a refinery pilot plant to extract uranium and rare earth metals from the Kvanefjeld deposit in Greenland has met or exceeded its targets during a 250-hour test run.

Uranium inventories driving markets

15 September 2015

Jonathan_Hinze_Sympo_2015_(WNN)_48Global uranium inventories upwards of 1.1 billion pounds U3O8 equivalent (423,100 tU) are likely to drive the uranium markets for some time to come, affecting not just uranium suppliers but also the conversion and enrichment industries, according to the Ux Consulting Company (UxC).

Alliance focuses on Chilean uranium

30 September 2015

Alliance Resources is to put funds from the sale of the Four Mile uranium project in Australia towards exploration in Chile, the company said in its annual report.

Cigar Lake celebrates operations

24 September 2015

Cigar_Lake_ceremony_230915_(Cameco)_48Cameco and Areva have officially marked the start of production at the Cigar Lake uranium mine and McClean Lake mill in northern Saskatchewan. The mine has been in commercial operation since May.

Funding cuts to American Centrifuge

14 September 2015

A funding cut of some 60% will allow continued development of the American Centrifuge uranium enrichment technology at Oak Ridge, but will not support ongoing centrifuge operations in Piketon, Centrus Energy announced on 11 September.

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