The US Nuclear Regulatory Commission has approved a licence amendment allowing Urenco to expand its Eunice enrichment plant.

The US Nuclear Regulation Commission (NRC) has found no significant environmental impact from a proposed expansion of capacity for the Urenco USA uranium enrichment facility with the flexibility to use depleted uranium feedstock.

Centrus Energy has announced its first quarterly results since emerging from the restructuring of USEC last year, which interim president and CEO John Castellano said was "a year of transition."

The Uranium Processing Facility project in Tennessee has celebrated its first major milestone with the completion of site readiness work, the National Nuclear Security Administration has said.

The Urenco group posted a net income of €404.5 million ($439.3 million) for 2014, 20.2% up on the previous year. The company plans to slow the rate of installation of new capacity at its US plant from 2016, while the start date for a UK facility for deconversion has been pushed back to 2017.

Industrias Nucleares do Brasil will provide enriched uranium for the first time for unit 1 of the country's sole nuclear power plant. Previously, the Resende plant was entirely engaged with foreign companies.

Work to deactivate the former Paducah gaseous diffusion enrichment plant can begin in earnest after Centrus Energy subsidiary United States Enrichment Corporation formally handed back full control of the Kentucky complex to the US Department of Energy (DoE).

Fundamental changes in the nature of uranium supply, demand and the market itself over the last ten years may have largely gone unrecognized, but the market of 2014 is in a better position to support nuclear energy growth than it was a decade ago according to Ux Consulting Company's Jeff Combs.

Front-end fuel cycle companies are ready, willing and able to provide the services needed to ensure a secure supply of nuclear fuel for a growing nuclear generation sector, and are looking to a future with innovative safety-assured fuel designs.

The bankruptcy court for the District of Delaware has confirmed USEC Inc's plan of reorganization, which becomes effective later in September. USEC will then emerge from Chapter 11 restructuring under the name Centrus Energy Corp.

An International Atomic Energy Agency report has confirmed that Iran has completed steps to convert its inventory of 20% enriched uranium hexafluoride into forms that are less of a proliferation risk as political leaders agree to a six-month extension of an action plan aimed at curbing Iranian enrichment activities.

Areva has proved that financing nuclear industry projects can be an attractive prospect for the banking sector, Jérôme Guttieres, vice president of the French group's financial operations and treasury department, tells World Nuclear News.