GLE picks natural U over HALEU for now, and more updates from U.S. enrichers
ANS » Uranium
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1M ago
On March 26, Silex Systems Ltd. that Global Laser Enrichment’s test loop pilot demonstration facility and operational safety programs have been reviewed by the Nuclear Regulatory Commission and approved for loading uranium hexafluoride feed material in preparation for the next phase of GLE’s enrichment technology demonstration in the second quarter of 2024 ..read more
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Japanese gangster charged with trafficking nuclear materials
ANS » Uranium
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1M ago
of nuclear materials trafficking against a Japanese gangster who has been in federal custody since 2022. In a case filled with international espionage, along with alleged weapons and drug trafficking, Takeshi Ebisawa has been charged with attempting to sell uranium and weapons-grade plutonium. The 60-year-old Japanese national—who is believed to be a leading figure in the , the Japanese organized crime syndicate—faces a long list of federal charges that carry sentence of life in prison ..read more
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Can uranium extraction from seawater make nuclear power completely renewable?
ANS » Uranium
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2M ago
America, Japan, and China are racing to be the first nation to make nuclear energy completely renewable. The hurdle is making it economical to extract uranium from seawater, because the amount of uranium in seawater is truly inexhaustible. log in or create a free account ..read more
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Iran plans four new nuclear plants
ANS » Uranium
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2M ago
A ceremonial ground-breaking event took place last week at the site where the Atomic Energy Organization of Iran (AEOI) says four new nuclear reactors will be built over the next 20 years ..read more
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U.K. backs advanced reactor future with £300 million for HALEU enrichment
ANS » Uranium
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3M ago
The United Kingdom’s Department for Energy Security and Net Zero plans on January 7 to invest £300 million (about $383 million) to build a high-assay low-enriched uranium (HALEU) enrichment facility in northwest England. The goal? To “end Russia’s reign as the only commercial producer of HALEU.” Britain is now the first European country to declare that it will begin HALEU enrichment in a bid for supply chain security ..read more
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Bull market continues for uranium stocks
ANS » Uranium
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3M ago
Investors continue to be bullish on uranium, according to a number of recent news reports. recently trumpeted, “Uranium has started 2024 the same way it ended 2023—like a bull in a china shop. Spot prices are now agonizingly close to US$100/lb for the first time since 2008, with term pricing not far behind.” Similarly, noted, “The spot price of uranium continues to rise, boosted by pledges to triple nuclear power by mid-century, supply hiccups from producers such as Cameco . . . , and the looming threat of a ban on Russian exports to the West ..read more
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Amidoximes aid in extraction of uranium from seawater
ANS » Uranium
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3M ago
A new material based on amidoxime chemical groups may allow electrochemical extraction technology to extract uranium ions from seawater more efficiently than previous methods, according to a recent study published by the American Chemical Society’s . If put into practical use, the new method, which was developed by researchers in China, could offer an environmentally sustainable source of fuel for nuclear power plants ..read more
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DOE rolls out simplified HALEU enrichment RFP, opens door to LEU from allies
ANS » Uranium
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3M ago
issued a final request for proposals (RFP) on January 9 for uranium enrichment services to help establish a commercial domestic supply of high-assay low-enriched uranium (HALEU) to fuel a potential fleet of advanced reactors. Without HALEU, advanced reactors will not be able to proceed past the demonstration stage. And given the investments of capital and time required to license and build a nuclear power plant—even a smaller, more efficient advanced reactor—eliminating fuel uncertainty could be what a utility needs to invest in new construction ..read more
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TerraPower partners with UEC for uranium supply
ANS » Uranium
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5M ago
that they have signed a memorandum of understanding to “explore the potential supply of uranium” for TerraPower’s demonstration reactor in Kemmerer, Wyo ..read more
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White House backs HALEU enrichment with a request for $2.2 billion
ANS » Uranium
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6M ago
hours after a new Speaker of the House long-term ban on enriched uranium from Russia ..read more
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