Uranium enrichment rss

Russia’s Tenex sees $500 million rise in export revenue

Uranium and Fuel

30 December 2015

Russia's Techsnabexport (Tenex) has said that it expects the value of its exports this year to outstrip that of 2014 by $500 million. The Rosatom subsidiary's preliminary results for 2015 indicate that its revenue from the global market will be worth about $2.7 billion.

Paks units clear to switch to 15-month fuel cycle

Uranium and Fuel

10 December 2015

Paks 48The Hungarian Atomic Energy Authority has authorised the introduction of a 15-month fuel replacement interval at units 1-4 of the Paks nuclear power plant, the plant's owner MVM NPP Ltd announced on 8 December. The move licenses the switch to a new type of fuel assembly with an average enrichment of 4.7%.

Uranium inventories driving markets

Uranium and Fuel

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).

Centrus, Tenex extend cooperation to 2026

Corporate

23 December 2015

Centrus Energy Corp has reached agreement with Russian uranium enrichment company Techsnabexport (Tenex) to modify the terms of the long-term supply contract they signed in 2011 and to extend their contractual relationship until 2026.

Argentina inaugurates enrichment plant

Uranium and Fuel

02 December 2015

Pilcaniyeu plant inauguration - Dec 2015 - 48Argentine president Cristina Fernández de Kirchner led the official opening ceremony of the Pilcaniyeu uranium enrichment plant on 30 November.

Funding cuts to American Centrifuge

Uranium and Fuel

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.