Uranium and Fuel rss

Nuclear fuel report sees growth and gaps

14 September 2017

World nuclear generating capacity is set to continue to grow according to the World Nuclear Association's newly published biennial report on the nuclear fuel market. Projections of installed capacity - and the uranium required to fuel it - have been revised downwards since the 2015 edition but still represent a higher growth rate than any seen since 1990.

Salamanca uranium project fully financed

31 August 2017

Salamanca_road_construction_(Berkeley)-48The Sultanate of Oman is to become a long-term strategic investor in Berkeley Energia through an investment agreement worth up to $120 million. The investment means that the Salamanca uranium project in western Spain is now fully funded and can proceed to production.

Kyrgyzstan ratifies remediation agreement

18 August 2017

Mailuu-Suu_(European_Commission)-48All the basic conditions are now in place for remediation work to begin at several uranium legacy sites in Kyrgyzstan after the country ratified a framework agreement with the European Bank for Reconstruction and Development. The European Union is to provide an initial contribution of €16.5 million ($19.4 million) for the work.

Advanced fuel agreements signed

07 September 2017

Two separate innovative nuclear fuels are closer to deployment thanks to agreements signed yesterday. Lightbridge Corporation and Areva NP signed a binding agreement to set up a joint venture to develop, manufacture and commercialise Lightbridge's advanced metallic fuel technology, while a memorandum of understanding between X-energy and Centrus Energy will see the companies work toward the development of a facility to fabricate Triso fuel.

Fuel bank site inaugurated

29 August 2017

IAEA LEU Fuel Bank at inauguration of storage facility, August 2017 (NTI) 69x48The storage facility for a low-enriched uranium fuel bank was inaugurated today in a ceremony involving Nursultan Nazarbayev, the President of Kazakhstana and Yukiya Amano, the director general of the International Atomic Energy Agency.

Ukraine hosts 'zero-failure fuel' working group

18 August 2017

Ukrainian state nuclear corporation Energoatom has this week hosted the working group created five years ago to achieve a zero-failure rate of nuclear fuel. The group visited the Khmelnitsky nuclear power plant.

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