The US is one step closer to a domestic supply chain for high-assay low-enriched uranium (HALEU). Five months after a ban on Russian uranium imports freed up $2.7B in federal funding, the DOE has picked four companies to handle domestic production. Drumroll please…the winners are: Each company will receive a minimum of $2M funded by […]
The China Atomic Energy Authority (CAEA), the federal agency overseeing nuclear energy development, began construction of the country’s largest-ever uranium project in the Ordos region on Friday. The new project ties in nicely with China’s rapid construction of new nuclear as it pursues homegrown green energy.
It’s been a big week for new uranium production prospects around the globe, with three big announcements coming from the US, Kazakhstan, and Kyrgyzstan. We’ve got you covered with the roundup.
It’s official: The US is cutting off the flow of Russian uranium to its fleet of reactors.
The US is shutting its doors to Russian uranium. This week, the Senate unanimously passed a near-total ban on imports of the nuclear fuel from Russia, seeking to sever ties and apply pressure as the country continues its war in Ukraine. “Our bipartisan legislation will help defund Russia’s war machine, revive American uranium production, and […]
This week, the DOE, the Department of the Treasury, and the IRS jointly awarded X-energy’s fuel-focused subsidiary, TRISO-X, a $148.5M tax credit through the Inflation Reduction Act of 2022. The credit is meant to support construction of a tri-structural isotropic (TRISO) fuel production facility in Oak Ridge, TN.
Uranium enrichment via laser sounds like something a Bond villain might cook up, but some view it as the key to boosting America’s competitiveness, attaining energy security, and achieving the Biden administration’s climate change goals all at once.
Despite the ongoing war in Ukraine and heightened geopolitical tensions across the board, the US just hasn’t been able to buck its reliance on Russian uranium imports to feed the ravenous fleet of domestic fission reactors. That’s a problem for the US government as it looks to attain energy independence from foreign adversaries. Last week, […]
A newly reopened US reprocessing plant is shipping its first batch of uranium after a 16-year hiatus. enCore Energy Corp. has produced the first shipment of reprocessed uranium produced at the Rosita plant in South Texas. The Rosita plant is acting as a central processing site for a handful of sites across the state, turning […]
The US doesn’t recycle its nuclear fuel. Instead, once it’s been used for a few years in a light water reactor (LWR), spent uranium sits in dry cask storage at one of the 70+ storage sites in the US, collecting dust. For companies with experience turning spent fuel from reactors into medical isotopes or usable […]
