Uranium & Fuel

Uranium & Fuel
Centrus Energy, DOE finalise HALEU contract

Centrus Energy, DOE finalise HALEU contract

The first phase of the USD150 million contract will see demonstration production of high-assay low-enriched uranium (HALEU) at Piketon by the end of 2023. Centrus says it could scale up the facility to commercial production capacity, given sufficient funding.

Uranium & Fuel 02 December 2022


Orano to support Uzbek uranium expansion plans

Orano to support Uzbek uranium expansion plans

A newly signed tripartite agreement broadens the scope of the collaboration between Orano Mining and its Uzbek partners and lays the foundations for the development of new uranium mines in Uzbekistan.

Uranium & Fuel 28 November 2022


Peninsula Energy to restart Wyoming uranium operation

Peninsula Energy to restart Wyoming uranium operation

The company's Board of Directors has made the financial investment decision that will see production activities begin at the Lance project during the first quarter of 2023, for delivery into existing offtake contracts in the final quarter of the year.
 

Uranium & Fuel 24 November 2022


Consolidated Uranium buys Virginia uranium project

Consolidated Uranium buys Virginia uranium project

Consolidated Uranium Inc has agreed to buy Virginia Energy Resources, which owns Coles Hill - the largest undeveloped uranium project in the USA - in a transaction worth around USD32.2 million. The company is hopeful Virginia's 40-year moratorium on uranium mining may be overcome.

Uranium & Fuel 18 November 2022


Alta Mesa sale boosts uranium production plans

Alta Mesa sale boosts uranium production plans

Energy Fuels Inc's sale of the Alta Mesa in-situ leach project in Texas to enCore Energy will enable both companies to move forward with their uranium production plans. Energy Fuels plans to use funds from the sale to advance its uranium and other projects, while enCore wants to resume Alta Mesa operations as soon as the transaction is complete.

Uranium & Fuel 16 November 2022


US DOE announces funding for HALEU demonstration

US DOE announces funding for HALEU demonstration

The USD150 million cost-shared award will see a Centrus Energy Corp subsidiary demonstrate US ability to produce high-assay low-enriched uranium (HALEU) for advanced reactors, with an enrichment cascade producing up to 20 kg of HALEU in operation by the end of next year.

Uranium & Fuel 11 November 2022


Ceremony marks start of underground work at Dasa

Ceremony marks start of underground work at Dasa

Underground development has officially begun at the Dasa uranium project in Niger, which is expected to begin producing yellowcake for delivery to utilities early in 2025.

Uranium & Fuel 08 November 2022


Kazatomprom looking to increase quota for trans-Caspian uranium route

Kazatomprom looking to increase quota for trans-Caspian uranium route

NAC Kazatomprom said it is working to increase the 3500 tU quota limit on its trans-Caspian route, an alternative to shipment via St Petersburg. However, shipments via the alternative route may be subject to delays as it passes through different jurisdictions - Cameco said some material from the Inkai joint venture is currently being held up in Azerbaijan.

Uranium & Fuel 27 October 2022


Westinghouse to study UK production of advanced nuclear fuel

Westinghouse to study UK production of advanced nuclear fuel

Westinghouse has been awarded a grant by the UK government to complete a Pre-Front End Engineering Design study, in collaboration with Urenco, for the production of TRISO fuels at its Springfields facility in Preston, Lancashire.

Uranium & Fuel 27 October 2022


New advanced reactor fuel facility for expanding GEH site

New advanced reactor fuel facility for expanding GEH site

Global Nuclear Fuel-Americas and TerraPower are to build the Natrium Fuel Facility at GNF-A's existing site in North Carolina. The facility is part of a major expansion to GE Hitachi Nuclear Energy's Wilmington operations that will also support commercial deployment of the BWRX-300 small modular reactor.

Uranium & Fuel 24 October 2022