Uranium & Fuel

Uranium & Fuel
Kazakhstan-based physical uranium fund begins operations

Kazakhstan-based physical uranium fund begins operations

Kazakh national nuclear company Kazatomprom has signed a framework agreement with Genchi Global to invest in the newly established ANU Energy OEIC Limited physical uranium fund, meaning the fund can begin operations. Meanwhile, Kazatomprom has exercised an option to buy back uranium previously sold to Yellow Cake plc.

Uranium & Fuel 23 November 2021


Oklo and Centrus team up for HALEU supply chain

Oklo and Centrus team up for HALEU supply chain

Oklo Inc and Centrus Energy Corp have signed a non-binding Letter of Intent to cooperate in the deployment of a production facility for high-assay low-enriched uranium to support the commercialisation of advanced fission plants, such as Oklo's Aurora. The companies say they are "committed" to working towards establishing domestic US HALEU production capabilities.

Uranium & Fuel 18 November 2021


Development of Dobrovolnoye uranium mine begins

Development of Dobrovolnoye uranium mine begins

Construction work has begun at Dobrovolnoye in Russia, developing the uranium deposit beyond the pilot operation on which work started a year ago. The mine should create 300 jobs, with mining operations scheduled to begin in December 2022.

Uranium & Fuel 12 November 2021


REMIX fuel ready for final test

REMIX fuel ready for final test

Russia is ready to test a batch of fuel assemblies made from recycled uranium and plutonium. The REMIX fuel concept could be used with any reactor and promises a step-change in resource efficiency and waste reduction, according to Rosatom.

Uranium & Fuel 11 November 2021


Joint venture fuel assembly plant opens in Kazakhstan

Joint venture fuel assembly plant opens in Kazakhstan

The official opening of a new fuel assembly plant at the Ulba Metallurgical Plant, in Ust-Kamenogorsk, Kazakhstan, was marked today at a ceremony attended by high-level representatives from Samruk-Kazyna JSC, NAC Kazatomprom JSC, UMP JSC, China Atomic Energy Authority, China General Nuclear Power Corporation, Framatome, and the East Kazakhstan regional administration. The plant is a Kazakh-Chinese joint venture and will supply fuel to China General Nuclear subsidiary CGNPC-URC.

Uranium & Fuel 10 November 2021


UEC to buy Uranium One's USuranium assets

UEC to buy Uranium One's US uranium assets

Texas-based Uranium Energy Corp has agreed to buy Uranium One Americas Inc from Rosatom's Uranium One Group. The acquisition will create "hub-and-spoke" operations in Wyoming for UEC, centred on U1A's Irigaray plant, and will position it as the largest American uranium mining company, UEC said.

Uranium & Fuel 09 November 2021


Mining test showcases SABRE potential

Mining test showcases SABRE potential

A five-year test programme on an innovative mining method that could potentially be used to access high-grade orebodies that are either too small or too deep to be mined economically using conventional methods has been completed by Denison Mines Corp and Orano Canada Inc. The patented Surface Access Borehole Resource Extraction - SABRE - mining method has been tested on the McClean Lake property in Saskatchewan, Canada.

Uranium & Fuel 04 November 2021


First 'complete' Framatome ATF assembly loaded in PWR

First 'complete' Framatome ATF assembly loaded in PWR

Framatome yesterday announced its first 100% accident tolerant fuel assembly has been delivered to Exelon Generation's Calvert Cliffs nuclear power plant in Maryland, USA. The assembly - described by the company as a nuclear industry "first" - was loaded into one of the plant's two pressurised water reactors during a recent refuelling outage.

Uranium & Fuel 03 November 2021


INL-developed device opens door for advanced fuel safety studies

INL-developed device opens door for advanced fuel safety studies

Researchers at the US Department of Energy's Idaho National Laboratory have developed a new method of simulating what happens to a nuclear fuel pin when it overheats, using a newly developed detector which they plan to use in future tests of advanced light-water reactor fuel designs, beginning next year.

Uranium & Fuel 03 November 2021


Preliminary design of TRISO-X fuel plant completed

Preliminary design of TRISO-X fuel plant completed

The preliminary design of X-energy's TRISO-X Fuel Fabrication Facility to produce tri-structural isotropic fuel on a commercial scale has now been completed, X-energy and Centrus Energy Corp announced today. The companies have also signed a contract for nuclear fuel and services provider Centrus to continue its work as the project enters its next phase.

Uranium & Fuel 02 November 2021