Uranium & Fuel

Uranium & Fuel
TerraPower and Centrus team up for HALEU production

TerraPower and Centrus team up for HALEU production

TerraPower has announced plans to team with nuclear fuel and services provider Centrus Energy to establish commercial-scale, domestic production capabilities for high-assay, low-enriched uranium. This, it says, will be needed to fuel many next-generation reactor designs, including the recently announced Natrium Power Storage System designed by TerraPower and GE Hitachi Nuclear Energy.

Uranium & Fuel 16 September 2020


TVEL supplies fuel for Hungarian research reactor

TVEL supplies fuel for Hungarian research reactor

TVEL, the fuel manufacturer subsidiary of Russia's Rosatom, has supplied fuel for the Budapest Research Reactor in Hungary. The VVR-M2 fuel assemblies - manufactured by the Novosibirsk Chemical Concentrates Plant - were supplied under a contract signed in 2019 with the Centre for Energy Research of Hungarian Academy of Sciences.

Uranium & Fuel 15 September 2020


US DOC, Rosatom initial uranium agreement extension

US DOC, Rosatom initial uranium agreement extension

The US Department of Commerce and Russian state nuclear corporation Rosatom have initialled a draft amendment to extend the Agreement Suspending the Antidumping Investigation on Uranium from the Russian Federation, which expires this year. The amendment, if finalised, will extend the deal to 2040 and "reduce US reliance on uranium from Russia" for the next 20 years.

Uranium & Fuel 14 September 2020


First European reactor loads EnCore accident tolerant fuel

First European reactor loads EnCore accident tolerant fuel

Lead test assemblies of EnCore accident tolerant fuel have been installed in Engie Electrabel's Doel unit 4 in Belgium, Westinghouse Electric Company and ENUSA Industrias Avanzadas have announced. Doel 4 is the second commercial nuclear power plant in the world, and the first in Europe, into which EnCore assemblies have been installed.

Uranium & Fuel 09 September 2020


USNC opens SMR fuel development laboratory

USNC opens SMR fuel development laboratory

Ultra Safe Nuclear Corporation has established a new facility in Salt Lake City, Utah, to support the development of its proprietary Fully Ceramic Microencapsulated fuel. Materials developed at there will be used in USNC's Micro Modular Reactor and other nuclear reactors, including gas-cooled reactors, light water reactors, CANDU reactors and molten salt cooled reactors.

Uranium & Fuel 02 September 2020


Pirmatov highlights shifting market sentiment

Pirmatov highlights shifting market sentiment

Kazatomprom CEO Galymzhan Pirmatov highlighted changing sentiment in the uranium market when announcing the Kazakh uranium producer's half-yearly financial results yesterday. The impact of reductions in Kazatomprom's operations due to COVID-19 measures will not be seen until the second-half of this year, he said, and the company expects its inventory levels to fall below its target of six to seven months of annual attributable production in 2020 and 2021.

Uranium & Fuel 28 August 2020


Rosatom plans REMIX fuel fabrication at Seversk facility

Rosatom plans REMIX fuel fabrication at Seversk facility

Rosatom has approved a project to upgrade an experimental shop-floor for nuclear fuel fabrication at the site of the Siberian Chemical Combine, which is in Seversk, in the Tomsk region of Russia. The move will enable SCC to manufacture fuel assemblies with uranium-plutonium REMIX (regenerated mixture) fuel matrix for VVER-1000 reactors.

Uranium & Fuel 27 August 2020


Refreshed DFS improves Mulga Rock economics

Refreshed DFS improves Mulga Rock economics

A newly completed update to Vimy Resources' definitive feasibility study for the Mulga Rock Project in Western Australia has demonstrated stronger financial returns than previously forecast for the uranium project, the company says. The DFS Refresh indicates an 8% decrease in cash operating costs over the first five years to USD23.33 per pound, and a 7% decrease over life-of-mine.

Uranium & Fuel 26 August 2020


Kazatomprom extends uranium production cuts into 2022

Kazatomprom extends uranium production cuts into 2022

Kazakhstan's JSC National Atomic Company Kazatomprom says it will continue to "flex down" production by 20% through 2022. The company is also maintaining its 20% reduction in 2021, with no additional production planned to replace volumes lost in 2020 due to the measures taken to combat COVID-19.

Uranium & Fuel 19 August 2020


Berkeley granted land use permit for Salamanca

Berkeley granted land use permit for Salamanca

The Municipality of Retortillo has issued Berkeley Energia a land use permit, known as an Urbanism Licence, for construction works at the Salamanca uranium project in western Spain. The project still requires a construction permit for the uranium processing plant before full construction of the mine can begin.

Uranium & Fuel 12 August 2020