Kazakhstan plans to produce 10% less uranium in 2017 than previously planned in response to ongoing oversupply in the uranium market, Kazatomprom chairman Askar Zhumagaliyev announced today.

Developing production capacity to meet the world's uranium needs, rather than the availability of uranium resources, is a likely challenge over coming years according to the latest edition of the OECD Nuclear Energy Agency and International Atomic Energy Agency joint report on uranium resources, production and demand.

The US Department of Energy has agreed to sell around 300,000 tonnes of depleted uranium hexafluoride to GE Hitachi Global Laser Enrichment for re-enrichment at a proposed plant to be built near DOE's Paducah site in Kentucky. The agreement paves the way for commercialisation of Silex laser enrichment technology.

Western Uranium Corporation has signed a letter of intent with Pinon Ridge Corporation to use its ablation mining technology at uranium recovery facilities at the Pinon Ridge mill site in Colorado. The technology is currently being assessed by state regulators.

US uranium producer Energy Fuels Inc has entered into a contract to secure additional quantities of a uranium-bearing alternate feed material for its White Mesa mill in Utah, the company announced today.

Askar Zhumagaliyev, chairman of KazAtomProm, and Igor Nasalik, Ukraine's energy and coal industry minister, have held their second meeting on future cooperation in the nuclear energy sector. The world's biggest uranium producer said in a statement yesterday the meeting focused on production of fuel for Ukrainian nuclear power reactors.

Energy Fuels will prioritize work at its Canyon mine in Arizona under a revised business plan, which focuses on sustaining the company's production capabilities whilst ensuring it is able to respond quickly to any changes in market conditions.

The Western Australian Environmental Protection Authority has today recommended for approval Toro Energy's proposal to extend the Wiluna uranium project, the second uranium approval by the regulator within a month.

Rio Tinto will fund up to AUD5 million ($3.8 million) in exploration expenditure to earn a 90% stake in one of Eclipse Metals' uranium projects in Australia's Northern Territory. It will also have right of first refusal over various other Eclipse uranium tenements in the state.

The US produced more uranium in the second quarter of 2016 than in the first, according to the latest update from the US Energy Information Administration (EIA). Production for the first half of 2016 remained lower than the same period in 2015.

Western Australia's Environmental Protection Authority has today recommended Vimy Resources' Mulga Rock uranium project for approval by the state's environment minister.

Areva Resources Canada said it is "very disappointed" with a decision by Canadian ministers not to approve the proposed Kiggavik uranium project. The project has been placed in in care and maintenance while the company considers its next steps.