Uranium & Fuel

Uranium & Fuel
Study assesses economics of restarting Kayelekera mine

Study assesses economics of restarting Kayelekera mine

Resuming operation of the Kayelekera uranium mine in Malawi will cost an estimated USD50 million, a restart scoping study has concluded. Australian-based exploration company Lotus Resources Ltd bought the mine - currently in care and maintenance - from Paladin Energy earlier this year. Lotus says it now plans to advance to a restart feasibility study.

Uranium & Fuel 22 October 2020


Berkeley opposes move to ban uranium mining in Spain

Berkeley opposes move to ban uranium mining in Spain

A proposed amendment to Spain's draft climate change and energy transition bill that would prohibit the exploration and extraction of uranium is unconstitutional, says Berkeley Energia. The Australian-based company is at an advanced stage in licensing its Salamanca uranium mine.

Uranium & Fuel 16 October 2020


ARMZ starts building ISL pilot site at Dobrovolnoye deposit

ARMZ starts building ISL pilot site at Dobrovolnoye deposit

Rusburmash has completed geophysical surveys at the Dobrovolnoye uranium deposit in the Zverinogolovsky district of the Kurgan region of Russia and JSC Dalur has now started the construction of a pilot site for in-situ leaching of uranium there.

Uranium & Fuel 15 October 2020


TVEL completes development of modified fuel for Paks

TVEL completes development of modified fuel for Paks

The development and validation of modified fuel for use in the four VVER-440 reactors at the Paks nuclear power plant in Hungary has now been completed, Rosatom's nuclear fuel manufacturer subsidiary TVEL announced today. The first consignment of the modified fuel is scheduled to be delivered to the Paks plant later this year.

Uranium & Fuel 13 October 2020


Uranium market is coping with impact of the pandemic

Uranium market is coping with impact of the pandemic

Most respondents to UxC's annual summer survey agreed that the uranium market has so far managed the effects of the COVID-19 pandemic effectively, and is proving robust, despite some initial issues with mine production. There is general consensus that the crisis will not harm the future of nuclear power, UxC said.

Uranium & Fuel 08 October 2020


Rosatom and US DOC welcome change to uranium agreement

Rosatom and US DOC welcome change to uranium agreement

The US Department of Commerce (DOC) and Russian state nuclear corporation Rosatom have confirmed they have signed a final amendment to the Agreement Suspending the Antidumping Investigation on Uranium from the Russian Federation. This extends the agreement through to 2040 and reduces US reliance on uranium from Russia during that time period. It is unchanged from a draft amendment released for public comment on 11 September.

Uranium & Fuel 08 October 2020


US DOC, Rosatom finalise uranium agreement, says law firm

US DOC, Rosatom finalise uranium agreement, says law firm

The US Department of Commerce and Russian state nuclear corporation Rosatom have finalised their agreement to extend the Agreement Suspending the Antidumping Investigation on Uranium from the Russian Federation, to 2040, Hogan Lovells said yesterday. The Washington DC, USA-based law firm represented enrichment services supplier Urenco USA Inc in its effort to extend the agreement, which has governed trade between the two countries in uranium products since 1992.

Uranium & Fuel 06 October 2020


Trump declares mineral supply chain 'national emergency'

Trump declares mineral supply chain 'national emergency'

US President Donald Trump has declared a "national emergency" to deal with the threat to the USA's security, foreign policy and economy from its "undue reliance" on supplies of critical minerals from "foreign adversaries". The country must also expand and strengthen domestic mining and processing capacity for all minerals to guard against the possibility of supply chain disruptions, he said.

Uranium & Fuel 01 October 2020


Brazil plans uranium-phosphate extraction plant in Santa Quitéria

Brazil plans uranium-phosphate extraction plant in Santa Quitéria

The government of Brazil's northeast state of Ceará and the Santa Quitéria Consortium have signed a Memorandum of Understanding for the construction of a uranium and phosphate extraction plant in Itatiaia, Santa Quitéria. The consortium is a partnership between fuel cycle company Indústrias Nucleares do Brasil and fertiliser producer Galvani.

Uranium & Fuel 30 September 2020


Westinghouse signs VVER-440 fuel agreement with Ukraine

Westinghouse signs VVER-440 fuel agreement with Ukraine

Westinghouse Electric Company has signed a contract with Ukraine's Energoatom, for the supply of VVER-440 fuel for the Rovno nuclear power plant. They have also signed a Letter of Intent on further exploring localisation of fuel assembly component production in Ukraine. The signing of both documents was witnessed by Ukrainian President Volodymyr Zelensky.

Uranium & Fuel 30 September 2020