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Nuclear Power Industry News

Nuclear Power Industry News
Reports and news on nuclear power industry suppliers, utilities, companies, organizations, and technology.
Results for uranium
  • Blog Post: Usec to Emerge from Bankruptcy With New Name

    Uranium enrichment company Usec announced it has reached a deal with its creditors and will emerge from bankruptcy under a new name later this month. In a release Friday, the company confirmed a court has approved a reorganization plan following Usec's Chapter 11 filing in March. The deal replaces...
  • Blog Post: India and Australia Reach Uranium Trade Deal

    Australia, one of the world's leading uranium producers, has reached a groundbreaking agreement allowing export of the reactor fuel to India. Indian Prime Minister Narendra Modi and Australian Prime Minister Tony Abbott announced the accord on Friday, and India's Economic Times reported that...
  • Blog Post: Nuclear Fuel Services Plant Inspected After Chemical Safety Incident

    Federal regulators are investigating a nuclear fuel facility in Tennessee following a report that safety-related valves were propped open. The incident in question did not involve nuclear material, but the Nuclear Regulatory Commission announced Thursday that it rendered a key safety device ineffective...
  • Blog Post: Investigation Questions Legal Grounds for DOE Uranium Transfers to Support USEC

    The Government Accountability Office has concluded the Department of Energy skirted federal law in its efforts to transfer uranium assets to USEC, essentially picking and choosing which regulations to apply when piecing together a series of complex transactions in 2012 and 2013. Now bankrupt, USEC was...
  • Blog Post: NRC Issues License for South Dakota Uranium Project

    Powertech Uranium Corp. has received a critical regulatory approval for its Dewey-Burdock project in South Dakota, the company announced Tuesday. The Nuclear Regulatory Commission approved a final source and byproduct materials license following a positive environmental impact statement issued in January...
  • Blog Post: Kerr-McGee Settlement Includes $1 Billion for Navajo Uranium Mine Cleanup

    A share of a $5.15 billion settlement related to the environmental legacy of a company acquired by Anadarko will clean up contamination from about 50 Cold War-era uranium mines on Navajo land. The Navajo Nation and the Environmental Protection Agency will use about $1 billion to clean up areas contaminated...
  • Blog Post: Westinghouse, Ukraine Close to Nuclear Fuel Deal

    With tensions high between Ukraine and Russia, its traditional supplier of nuclear fuel, Ukrainian media reported that the country is close to a deal to expand its fuel purchases from Westinghouse. A Westinghouse executive on Friday told the Kyiv Post that the company plans to increase fuel deliveries...
  • Blog Post: NRC Grants Positive EIS for Wyoming Uranium Project

    Federal Regulators are close to granting final approval for an in-situ uranium recovery project in Wyoming owned by Strata Energy. On Friday, the NRC announced it had issued a final supplemental environmental impact statement for the company's Ross site. In January the agency completed a separate...
  • Blog Post: Canadian Regulators OK Restart at Port Hope Uranium Conversion Plant

    The Canadian Nuclear Safety Commission granted the country's only uranium conversion plant permission to restart Monday as regulators continue to investigate an emergency shutdown. On Jan. 28, a hydrogen recirculation valve for a cell room responded in an unexpected fashion during an update to safety...
  • Blog Post: U.S. Uranium Concentrate Production at Highest Level Since 1997

    Partly because the U.S. will no longer import uranium under the Megatons to Megawatts partnership with Russia, last year's domestic production of uranium concentrate reached levels not seen since 1997. The Energy Information Administration reported Tuesday that seven domestic facilities produced...
  • Blog Post: Usec Will File for Bankruptcy

    Usec, a uranium enrichment company spun off the Department of Energy in 1992, announced it will declare bankruptcy next quarter. In a release Monday, the company said it will restructure its debt and force a significant loss on current stock holders. Note holders that own $530 million of the company's...
  • Blog Post: Storm Damages Paducah Enrichment Plant

    USEC's Paducah, Ky., Gaseous Diffusion Plant declared an alert when powerful tornadoes tore through parts of the Midwest Sunday. The plant sustained damage, but it did not create a threat to the public or the environment. The uranium enrichment plant declared the alert at 2:17 p.m. According to a...
  • Blog Post: Russia Sends Last Uranium Shipment Under Megatons to Megawatts Program

    The last delivery of downblended Russian uranium is making its way to the United States as the Megatons to Megawatts program draws to a close next month. Under the program that started 20 years ago, Russia processed highly enriched uranium from decommissioned warheads into LEU shipped to the U.S. in...
  • Blog Post: Canada Reaches Nuclear Agreement With Uranium-Rich Kazakhstan

    Canada plans to enter a civilian nuclear agreement with Kazakhstan, home to 12 percent of the world's uranium deposits and an ambitious fuel cycle industry. Azerbaijani newspaper AzerNews reported Monday that the agreement will be signed in Kazakhstan during a first-ever visit by Canada's foreign...
  • Blog Post: Coalition Meets to Promote Nuclear Industry in Virginia

    A legislatively created board in Virginia met for the first time this week to promote nuclear power in the commonwealth. Earlier this year, Virginia passed a law creating the Virginia Nuclear Energy Consortium Authority "for the purposes of making the commonwealth a national and global leader in...
  • Blog Post: Canada Finalizes Nuclear Export Deal With India

    Canada and India finalized a nuclear cooperation agreement last week, opening Canada's sizeable uranium industry to one of the world's fastest-growing markets for nuclear power. Canada has not shared nuclear technology with the subcontinent since the mid-1970s, when India detonated a nuclear...
  • Blog Post: AREVA Lands €5+ Billion ($6.5 Billion USD) EDF Enrichment Contract

    Agreement constitutes biggest enrichment deal in AREVA's history - By Stephen Heiser - AREVA and EDF have signed a long-term uranium enrichment contract worth more than €5 Billion ($6.5 Billion USD), making it the biggest AREVA has ever signed for this activity. The deal secures EDF's...
  • Blog Post: Cameco Adds New Uranium Supply from Finland

    "The fact that uranium will be produced in Finland for the first time in 50 years meshes well with Finland's plan to produce an increasing percentage of its domestic electricity from clean nuclear power in the years ahead." - Edited By Tom Lamar – Cameco has signed two agreements...
  • Blog Post: Canadian Regulator Issues Favorable Environmental Review for Strateco Uranium Project

    Two Canadian agencies issued approvals for Strateco’s Matoush uranium project last week, paving the way for final approval from the country’s top nuclear regulator. On Thursday the minister of the environment issued a federal environmental assessment favorable to the project and the mitigation...
  • Blog Post: AP: A Virginia Uranium Mining Study Starts this Week

    - Edited By Chris Reed - A one-year study intended to assess the statewide consequences of uranium mining in Virginia begins this week when a National Academy of Sciences panel convenes for two days in Washington, D.C. The 13-member study committee has a broad charge to assess the implications...
  • Blog Post: Nuclear Fusion-Fission Hybrid Could Eliminate Nuclear Waste And Generate Usable Energy

    Proposed nuclear waste destruction system would make waste into fuel - By Linton Levy - Physicists at The University of Texas at Austin have designed a new system that, when fully developed, would use fusion to eliminate most of the transuranic waste produced by nuclear power plants. The invention...
  • Blog Post: Uranium Resources, Inc. Reports Q4 2009 And Full Year Numbers

    Board of Directors adopts strategic plan addressing future of the Company - Edited by Linton Levy - Uranium Resources, Inc. (NASDAQ: URRE) (URI), has provided an update on the Company’s financial position as of the year ended December 31, 2009 and on its strategies and outlook for 2010 and...
  • Blog Post: UEC Advances Permitting At Palangana And Goliad ISR Projects

    Uranium Energy Corp Advances Permitting at Palangana and Goliad ISR Projects - By Linton Levy - Uranium Energy Corp (UEC) is pleased to announce that the public comment period for the Radioactive Material License (“RML”) for the Company’s Palangana ISR Uranium Project in Duval...
  • Blog Post: Cameco Seeks to Expand Throughput at Key Lake Uranium Site

    On Friday, Canadian regulators began soliciting public comment on a Cameco Corp. plan to expand operations at its Key Lake facility in northern Saskatchewan. The proposal would expand storage at the Dielmann Tailings Management Facility and also increase the site’s throughput, the Canadian...
  • Blog Post: Kazakhstan And India Ink Nuclear Fuel Agreement

    By 2030 uranium mining might increase three-fold - By Linton Levy - Kazakhstan President Nursultan Nazarbaev has signed under which the Central Asian nation will supply nuclear fuel to Indian nuclear power plants. Kazakhstan ranks second in the world in explored uranium reserves, and mining output...