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A recently published study has outlined a technology that could significantly improve the ability to extract uranium from seawater – a process that's far from commercial viability now but could provide future supplies of the reactor-powering element, should land-based resources become constrained...

Areva executives recently signed a letter of intent with China National Nuclear Corp. to build a nuclear fuel recycling facility in China. Terms of the deal and the potential location for the plant were not announced, but an Areva release said the agreement covers technical specifications, project organization...

Britain has secured permission from its other partners to sell its stake in Urenco, one of the world's largest uranium enrichment companies. The UK currently owns a third of the company, according to Urenco's website, with the Dutch government holding another third and the remainder held by German...

The United States and Russia have helped move the final shipment of highly enriched uranium from a research reactor in the Czech Republic, representing the last of the material in the country that could be used in a nuclear weapon. Since 2004, a partnership under the Global Threat Reduction Initiative...

As it announced earnings this week, Usec also offered an update on the demonstration program at the American Centrifuge uranium enrichment facility in Ohio. It remains on time and on budget, although the company's efforts to finance full build out of the plant remain ongoing. Last year the Department...

China National Nuclear Co. announced last week that it installed a domestically engineered centrifuge at a uranium enrichment plant in Lanzhou. Facilities at the site in Gansu Province have been enriching uranium since the mid-1960s, according to the World Nuclear Association. It has historically used...

(Please visit the site to view this video) While much attention is focused on the waste disposal challenges and recycling possibilities at the tail end of the nuclear fuel cycle, this video produced by the Nuclear Energy Institute explores another crucial step in producing power from today's light...

While reiterating plans to resume reactor construction, the head of one of the largest Chinese nuclear companies has said the country will expand its uranium prospecting abroad. Sun Qin, chairman of the China National Nuclear Corp. that runs more than 40 percent of the country's nuclear sites, said...

Breaking a two-year impasse, heads of state from India and Canada have announced a deal that will allow the export of Canadian uranium to the subcontinent. With roughly 17 percent of the world's production in 2011, Canada is the second largest miner of uranium behind Kazakhstan. According to the...

On Tuesday federal regulators outlined steps Honeywell must take to restart its uranium conversion facility in Metropolis, Ill. The Nuclear Regulatory Commission shut the plant down May 9 following disaster preparedness inspections inspired by Japan's Fukushima accidents. In a release, the agency...

Indian and Australian leaders are expected to announce negotiations on Indian uranium imports next week, India's largest English-language newspaper reported Tuesday. Australian Prime Minister Julia Gillard's Labor government had previously reversed a longstanding ban on uranium sales to India...

Federal Regulators have given the green light to a company that plans to extract fluorine using the first commercial-scale uranium deconversion plant of its kind in the country. In a release Tuesday, the Nuclear Regulatory Commission announced it had granted a license to International Isotopes Fluorine...

British media reported Friday that the UK government has hired Morgan Stanley to study the potential sale of the country's stake in Urenco. The move is the latest indication the government will go forward with its interest, announced this summer, in unloading its share of the uranium enrichment firm...

GE-Hitachi has received approval from the Nuclear Regulatory Commission to build a laser enrichment facility that, if successful, would be the first of its kind in the world. While GEH has not made a decision whether to pursue the technology commercially, the company announced Tuesday that it was awarded...

Cameco has reached an agreement with BHP Billiton to acquire the Yeelirrie uranium project in Western Australia for $430 million. Yeelirrie is a near-surface calcrete-style deposit, amenable to open pit mining techniques. Yeelirrie is one of Australia's largest undeveloped uranium deposits and...

The Department of Energy has agreed to further funding for research at Usec’s American Centrifuge Project under a wide-ranging agreement that reorganizes its oversight and transfers assets to DOE. After the project failed to obtain a $2 billion DOE loan guarantee last year, short bouts of agency...

In the early hours of Friday morning, the House of Representatives passed a measure setting aside $150 million for the American Centrifuge Project in a defense programs bill. USA Today reported the legislation’s sponsors sidestepped anti-earmark rules by leaving the company unnamed in the bill...

USEC Inc. announced yesterday that they have entered into a multi-party arrangement with Energy Northwest, the Bonneville Power Administration (BPA), the Tennessee Valley Authority (TVA) and the U. S. Department of Energy (DOE) to extend uranium enrichment operations at the Paducah Gaseous Diffusion...

Cameco, the world’s largest publicly traded uranium producer, has made a deal to further its resources, offering $136 million for Germany-based Nukem Energy. In buying Nukem from private equity firm Advent International, Canada-based Cameco will acquire a company with expected sales of between...

Cameco Corp - the world's largest uranium producer - reported a 45 percent increase in quarterly profit on Tuesday, selling more uranium at a higher average price, according to a Tuesday release. Net income increased to C$132 million ($133.6 million), or 33 Canadian cents a share, from C$91 million...

Canada’s Denison Mines has agreed to sell its American assets to Energy Fuels in a transaction the companies said will create the “largest 100 percent U.S. pure-play uranium producer and one of the largest holders of National Instrument 43-101 compliant U.S. based uranium resources.”...

As it seeks to significantly expand its nuclear power production, South Africa is also giving thought to restarting uranium enrichment efforts abandoned in the mid-1990s. Reuters quoted a spokeswoman from state nuclear technology company Necsa as saying studies have indicated supply security will necessitate...

Congressional inaction on a highway bill may have temporarily tied up $106 million for research at the American Centrifuge Plant, but USEC said Friday it remains committed to the project. The Department of Energy had asked for the authority to transfer the money in language attached to a long-term transportation...

Trade groups representing the mining and nuclear power industries filed a lawsuit Monday that challenged a 20-year ban on new uranium mining claims for roughly 1 million acres near the Grand Canyon. The Interior Department put the federal land off limits to new hard rock claims in a January decision...

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...