How Does Uranium Price Increase Affect Nuclear Power Plant Profitability?

Credit to Author: Aaron Larson| Date: Wed, 23 Nov 2022 18:52:31 +0000

uranium-bull-market-chart-with-events-labels-Sprott

Uranium has been one of the best-performing asset classes in 2022, according to data supplied by HANetf’s Sprott Uranium Miners UCITS ETF (URNM). In fact, the uranium spot price has increased 24.12% during the year through Oct. 31, according to the fund. October was a particularly strong month for uranium oxide (U3O8), which is used […]

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China Approves Commissioning of Thorium-Powered Reactor

Credit to Author: Sonal Patel| Date: Tue, 01 Nov 2022 04:13:00 +0000

China’s Ministry of Ecology and Environment on Aug. 2 gave Shanghai Institute of Applied Physics (SINAP) the green light to commission the experimental 2-MWth thorium-based molten salt reactor (TMSR-LF1) at

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Pressure on U.S. Nuclear Power Could Mount if Sanctions Imposed on Russian Uranium

Credit to Author: Sonal Patel| Date: Thu, 10 Mar 2022 16:14:04 +0000

Russia’s invasion of Ukraine and ensuing sanctions may have a limited immediate impact on the U.S. nuclear industry, despite its reliance on uranium imports. Potential implications over the longer term, however, require urgent action, officials from the Nuclear Energy Institute (NEI) said. NEI CEO and President Maria Korsnick told reporters at the ongoing CERAWeek by […]

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Ban on Russian Energy Imports Gains Bipartisan, Bicameral Steam in Congress

Credit to Author: Sonal Patel| Date: Mon, 07 Mar 2022 14:25:32 +0000

Eighteen bipartisan U.S. Senators are backing a bill that would direct the president to declare a national emergency and prohibit imports of Russian energy commodities, including crude oil, petroleum products, liquefied natural gas (LNG), and coal. While the measure does not include Russian uranium, a senior Department of Energy official said addressing U.S. reliance on […]

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New Boosts for Commercial Production of HALEU Advanced Nuclear Reactor Fuel 

Credit to Author: Sonal Patel| Date: Thu, 07 Nov 2019 15:24:50 +0000

The post New Boosts for Commercial Production of HALEU Advanced Nuclear Reactor Fuel  appeared first on POWER Magazine.

Efforts to commercialize production of high-assay, low-enriched uranium (HALEU) fuel, which is needed for an array of advanced reactors, ramped up this week with two major announcements.  As the Department of Energy (DOE) contracted Centrus Energy to demonstrate production of HALEU fuel for advanced reactors at the DOE’s American Centrifuge Plant in Piketon, Ohio, private […]

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Trump says he will not impose uranium quotas

Credit to Author: ggaviola| Date: Sat, 13 Jul 2019 23:04:38 +0000

Trump says he will not impose uranium quotas

WASHINGTON – President Donald Trump says he will not impose quotas on importing uranium, backing away from a possible trade confrontation and breaking with a Commerce Department assessment that America’s use of foreign uranium raises national security concerns.

The post Trump says he will not impose uranium quotas appeared first on Inquirer News.

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France’s Macron trying to save Iran nuclear deal by July 15

Credit to Author: ggaviola| Date: Sat, 06 Jul 2019 22:55:23 +0000

France's Macron trying to save Iran nuclear deal by July 15

PARIS  – French President Emmanuel Macron says he is trying to find a way by July 15 to resume dialogue between Iran and Western partners.

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Iran speeds up uranium enrichment as Mideast tensions mount

Credit to Author: ggaviola| Date: Mon, 17 Jun 2019 22:42:47 +0000

Iran speeds up uranium enrichment as Mideast tensions mount

TEHRAN, Iran – Iran will surpass the uranium-stockpile limit set by its nuclear deal in the next 10 days, an official said Monday, raising pressure on Europeans trying to save the accord a year after the U.S. withdrawal lit the fuse for the heightened tensions now between Tehran and Washington.

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Iran threatens more uranium enrichment if no new nuke deal

Credit to Author: kadraneda| Date: Wed, 08 May 2019 14:10:59 +0000

Iran threatens more uranium enrichment if no new nuke deal

Iran has threatened to resume higher enrichment of uranium in 60 days if world powers fail to negotiate new terms for its 2015 nuclear deal

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