United States rss

Managing financing risks for new nuclear


23 May 2016

Developers of new nuclear power plants can draw on the experience of other large-scale infrastructure projects to help identify and reduce financing risks, a senior corporate banker told delegates at a recent conference.

Lightbridge and Areva join forces on metallic nuclear fuel

Uranium and Fuel

16 March 2016

Lightbridge Corporation has entered into a Joint Development Agreement with Areva NP to assess establishing a joint venture this year for the development, manufacture and commercialization of fuel assemblies based on Lightbridge's "next generation" metallic nuclear fuel technology.

Obama seeks to terminate MOX project at Savannah River

Uranium and Fuel

10 February 2016

MFFF - January 2016 - 48US President Barack Obama wants to scrap the Department of Energy's project at the Savannah River Site in South Carolina that was designed to take plutonium no longer needed for nuclear weapons and turn it into fuel for commercial nuclear reactors.

KazAtomProm and ConverDyn join forces in UF6 supply

Uranium and Fuel

04 April 2016

Kazatomprom-Converdyn - 48KazAtomProm and ConverDyn have signed an agreement whereby the world's largest uranium producer and the "leading provider" of uranium hexafluoride (UF6) conversion services will jointly and immediately offer uranium in the form of natural UF6 to global utilities. UF6 is the natural uranium feedstock for the enrichment step in the nuclear fuel cycle.

Idaho National Laboratory site permit issued for SMR project

New Nuclear

19 February 2016

The US Department of Energy has agreed to grant a permit to support a small modular reactor project within the boundary of its Idaho National Laboratory site. In a statement yesterday, the DOE said its newly signed agreement with Utah Associated Municipal Power Systems builds on President Barack Obama's plan "to advance America's leadership in clean energy innovation".

Peninsula completes first uranium delivery via Strata

Uranium and Fuel

07 January 2016

Peninsula Energy Ltd has announced first delivery of uranium under its wholly owned subsidiary Strata Energy Inc's 2011 sale and purchase agreement with an unnamed US utility. In-situ uranium recovery operations began from the Ross Permit Area of the Lance Projects in Wyoming, USA on 2 December.