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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: 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: Cameco Cuts Uranium Sales Forecast for 2010

    "We know very well that the planet and its inhabitants are going to need ever-increasing supplies of clean energy." said company CEO Jerry Grandey - Edited By Chris Reed - Cameco Corporation, the world's largest listed uranium producer, says it expects to sell 30Mlb (13,612t) of uranium...
  • Blog Post: Nuclear Power Growth To Accelerate The Pace Of Uranium Mining

    New industry report from Research and Markets finds uranium mining industry in an advantageous position - By April Murelio - Research and Markets has announced the addition of GlobalData's new report +ACI-Reemerging Nuclear Power to Accelerate the Growth of Uranium Mining Industry+ACI- to their...
  • Blog Post: Senator Voinovich Speaks Out About DOE-USEC Loan Guarantee Momentum

    I am encouraged to hear that the Department of Energy and USEC are moving forward toward loan guarantee success - By Mark McFadden - U.S. Senator George V. Voinovich (R-OH) has issued a statement on the U.S. Department of Energy’s (DOE) loan guarantee momentum for USEC Inc.’s American...
  • Blog Post: Cameco Raises USD$360 Million In Equity Deal

    Cameco Completes Bought Deal Offering of Common Shares Gross Proceeds of Approximately $360 Million USD/ $460 Million CDN - By Jack Bryar - Cameco Corporation has announced that it has completed its previously announced bought deal public offering of common shares of Cameco at a price of $17.25...
  • Blog Post: NRC Recertifies USEC’s Gaseous Diffusion Ops

    Plants comply with all NRC safety, public health, environmental and security regulations By April Murelio USEC Inc. has announced that the U.S. Nuclear Regulatory Commission (NRC) has recertified USEC's operations at the gaseous diffusion uranium enrichment plants in Paducah, Ky., and Piketon...
  • Blog Post: AECL Wants To Build Nuclear Power Plant In Saskatchewan

    AECL wants to build first skatchewan nuclear plant - By Abby Gessner - According to a Canadian News report, the day after Bruce Power announced plans to study the potential for nuclear power in Saskatchewan, “Canada’s nuclear energy company” made a pitch to build the province’s...
  • Blog Post: AREVA: MOX Fuel Provides Electricity For The Second Time In Japan

    Following the contract signed in 2006 between AREVA* and Mitsubishi Heavy Industries Ltd. (MHI), a fuel assemblies delivery took place on May 2009 - By Linton Levy - The Ikata nuclear plant, operated by Japanese electric power company SHIKOKU Epco on the Shikoku Island (Ehime Prefecture) has started...
  • Blog Post: Moscow Times: Russia to Capitalize on its Fast Reactor Technology Investment

    "I would say Russia is certainly the leader in fast reactor technology," said Michael Driscoll, professor emeritus of nuclear engineering at Massachusetts Institute of Technology. - Edited By Tom Lamar - The idea to build more efficient and environmentally friendly nuclear reactors, which...
  • Blog Post: New Uranium Production Cycle Assessment Service Debuts

    International Experts Conclude IAEA Peer Review of the Brazil Uranium Production Site - Edited by Linton Levy - A new IAEA service for the promotion of best practices and safety in the uranium production cycle, the Uranium Production Site Appraisal Team (UPSAT), was first used to review the uranium...
  • Blog Post: TEPCO, Toshiba And Japan Bank For International Cooperation To Acquire 19.95% Stake In Uranium One

    Deal means long-term strategic alliance and uranium offtake agreement - By Linton Levy - The Tokyo Electric Power Company, Incorporated (TEPCO), Toshiba Corporation, and the Japan Bank for International Cooperation (JBIC), the international wing of the Japan Finance Corporation, today announced...
  • Blog Post: NRC To Hold Meeting To Discuss License Review Of Proposed Uranium De-Conversion Plant

    The meeting will be held in the Banquet Hall of the Lea County Events Center, 5101 N. Lovington Hwy., in Hobbs, from 5 p.m. to conclusion. NRC staff members will be available beginning at 4 p.m. for informal discussions with interested members of the public. - By Stephen Heiser - The Nuclear Regulatory...