Researchers make a splash with uranium extraction from seawater

They say the discovery could be competitive with the costs of land-based uranium mining

EU investigates Romanian aid for uranium company

State-owned National Uranium Company has been in financial difficulty since the loss of its main client Nuclearelectrica

Kazakhstan to cut uranium output by 10%

Kazakhstan is to cut its uranium output by 10% in 2017. The world’s biggest producer of the nuclear fuel plans to make the reduction in the face of a prolonged supply glut that has seen its price fall from $50 (£40.6) to 20$ (£16.25) a pound over the last five years. This drop is thought […]

US continues to import uranium for nuclear reactors

Most of the uranium used to power nuclear reactors in the US is imported. According to the Energy Information Administration (EIA), owners and operators of nuclear power plants bought 57 million pounds of uranium last year. Nearly half of the purchases were from Canada and Kazakhstan, which provided 17 million pounds and 11 million pounds […]

Kazakhstan signs deal for nuclear fuel bank

Kazakhstan has signed an agreement to set up a nuclear fuel bank in Oskemen. The country will operate the bank which will be a physical reserve of Low Enriched Uranium (LEU) for International Atomic Energy Agency (IAEA) Member States. It follows the project announcement made last month. LEU is the basic ingredient of nuclear fuel. The bank […]

npower’s Wayne Mitchell on nuclear’s future

Does thorium have the answer to our energy needs? As we move to a low-carbon economy, generating sufficient carbon-free energy to make the use of fossil fuels a true thing of the past is a huge challenge. Nuclear is often touted as the most viable large scale source of low carbon electricity to support other […]

Government to flog uranium firm Urenco

The Government is planning to flog some or all of its share of the uranium company Urenco, it announced yesterday. Urenco enriches uranium which is used for fuel in nuclear power stations around the world. It has around 50 customers across 18 countries which makes up roughly 31% of the global market share. Any cash […]

India’s nuclear plant to be commissioned this month

India’s much-delayed nuclear power project in the state of Tamil Nadu (pictured) is expected to be commissioned by the end of the month. The Nuclear Power Corporation of India Limited (NPCIL) is building two 1,000MW reactors and got approval from the Atomic Energy Regulatory Board (AERB) to load Uranium in the first reactor earlier this […]

One dead in India’s anti-nuclear protest

One person was killed during an anti-nuclear protest in India yesterday. According to reports, protestors turned violent when police tried to stop them from preventing uranium fuel to be loaded in the first of the two 1,000MW reactors. A 44-year old fisherman was killed when police opened fire at a group of people who clashed […]

Japan pledges to reduce Iranian oil imports

Japan has announced it is supporting America’s sanctions on Iran and will begin to reduce the amount it imports. Japan currently imports 10% of its oil from the Middle Eastern country. After meeting with U.S. Treasury Secretary Timothy Geithner in Tokyo Japan’s Finance Minister Jun Azumi told reporters “We plan to start reducing this 10% […]