Uranium and Fuel rss

Westinghouse expands fuel production capacity

29 April 2016

Westinghouse Electric Company has announced the expansion of its nuclear fuel factory in Västerås, Sweden. The US-based firm, which is majority-owned by Japan's Toshiba, said the expansion is a response to growing demand for nuclear fuel supply diversification for VVER-1000 reactors in Europe.

Cameco scales back uranium production

22 April 2016

Rabbit_Lake_(Cameco)-48Cameco is suspending production at the Rabbit Lake uranium mine in northern Saskatchewan, curtailing production at its US uranium operations, and reducing production at McArthur River/Key Lake in response to market conditions, the company announced yesterday.

Robust economic assessment for Wheeler River

05 April 2016

Denison Mines Corp is to begin a pre-feasibility study at the Wheeler River project in Canada's Athabasca Basin after a newly published preliminary economic assessment (PEA) found "robust" economics for a proposed underground mining operation based on current uranium prices.

US producers call for suspension of federal inventory transfers

26 April 2016

An organization representing US uranium producers has called on the Department of Energy (DOE) to cease transfers of excess uranium from federal inventory until the uranium market recovers from its current oversupplied state.

GE-Hitachi to exit laser enrichment JV

19 April 2016

Australian company Silex Systems is considering taking an equity position in Global Laser Enrichment, the exclusive licensee for its laser uranium enrichment technology, after GE-Hitachi Nuclear Energy announced its intention to exit the company.

KazAtomProm and ConverDyn join forces in UF6 supply

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.

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