Uranium & Fuel

Uranium & Fuel
More funding needed to complete Central Asian remediation

More funding needed to complete Central Asian remediation

A renewed call has been made for additional donor funding in order to tackle the most urgent problems caused by radioactive and toxic waste at legacy uranium sites in Central Asia, with the International Atomic Energy Agency estimating an additional EUR40 million (USD47 million) is required. The call came as all parties directly involved in the project signed a revised Strategic Master Plan.

Uranium & Fuel 22 September 2021


Uranium mining goes digital in Russia

Uranium mining goes digital in Russia

'Digital' mining has started at the Khokhlovskoye uranium deposit in Russia, Rosatom subsidiaries announced. Operators have full information on the process and its environmental effects, as well as simulation of their options.

Uranium & Fuel 22 September 2021


Trial of advanced fuel begins at Rostov

Trial of advanced fuel begins at Rostov

Advanced fuel assemblies have begun an operational trial at Russia's Rostov nuclear power plant. Fuel manufacturer TVEL said if successful they would provide a higher level of performance and safety. "Fuel irradiation in a commercial reactor is an important step for the further commercialisation of this product," said Natalia Nikipelova, president of TVEL, adding: "It is symbolic that this milestone is achieved when TVEL celebrates its 25th anniversary."

Uranium & Fuel 21 September 2021


Investment funds change the shape of uranium market

Investment funds change the shape of uranium market

Investment funds are shaping the uranium spot market leading to an unprecedented level of demand. How those funds will affect the availability of secondary supplies of uranium to consumers remains to be seen, and the spot market should not be seen as a reliable source for significant purchases of uranium ore in the long term, according to speakers and panellists at World Nuclear Association Annual Symposium 2021.

Uranium & Fuel 10 September 2021


Nuclear fuel report sees positive long-term future

Nuclear fuel report sees positive long-term future

World nuclear generating capacity is set to continue its upward trend with demand for uranium fuel increasing over the period to 2040, according to the projections in the latest edition of World Nuclear Association's Nuclear Fuel Report. Uranium resources are more than enough to meet that demand, but intense development of new projects will be needed in the current decade to avoid potential supply disruptions.

Uranium & Fuel 08 September 2021


Kazatomprom considers making purchases to rebuild inventory

Kazatomprom considers making purchases to rebuild inventory

Kazatomprom may buy additional material in the spot market during the second half of this year to keep its inventories within its targeted range and to meet sales commitments for the rest of 2021, CEO Galymzhan Pirmatov said as the company's half-year results were released yesterday. Pirmatov is to step down as CEO with effect from 2 September.

Uranium & Fuel 27 August 2021


Mulga Rock project management plan approved

Mulga Rock project management plan approved

The Western Australian Department of Mines, Industry Regulation and Safety has approved the Project Management Plan for the Mulga Rock uranium project, Vimy Resources announced today. Having already received approval from State and Federal governments, this is the first of three state government departmental approvals required to implement the project.

Uranium & Fuel 27 August 2021


Niger government expresses support for uranium project

Niger government expresses support for uranium project

Toronto-based Global Atomic is to set up a 90%-owned Niger mining subsidiary after the Government of Niger formally confirmed it will not increase its ownership stake in the Dasa project beyond the legally mandated 10% minimum. The company plans to bring the project into full production by the end of 2024.

Uranium & Fuel 26 August 2021


Partnership set up for IMSR fuel supply

Partnership set up for IMSR fuel supply

Westinghouse, the UK National Nuclear Laboratory and Terrestrial Energy have announced a partnership in the UK to advance the industrial scale up and commercial supply of enriched uranium fuel for use in Terrestrial's Integral Molten Salt Reactor. An agreement between the three defines the process for delivering IMSR fuel for commercial use, concurrent with schedules for commercial operation of IMSR power plants.

Uranium & Fuel 18 August 2021


ISL development of Russian uranium deposit given regulatory approval

ISL development of Russian uranium deposit given regulatory approval

VNIPIpromtechnologii, JSC - the engineering centre of Rosatom's mining division ARMZ Uranium Holding Co - has received a "positive opinion" on design work and engineering surveys for in-situ leach development at the Kolichikan uranium deposit from the Russian State Expert Examination Board, Glavgosekspertiza. This means development of the deposit, in the Khiagda orefield, can proceed.

Uranium & Fuel 05 August 2021