Articles Tagged "Uranium Articles"

Japan’s Sendai Reactors Receive Final Approval for Restart

Uranium – Japan's Nuclear Regulation Authority has approved the operational safety plans for the Sendai nuclear power station's two reactors. Sendai is owned by Kyushu Electric Power.

China Looking to Grow its Stake in the Uranium Market

Uranium – More than one big announcement from China hit the uranium space this week. First, China National Nuclear and China General Nuclear Power Group announced plans to obtain stakes in French nuclear company Areva. Then CNNC subsidiary CNNC International said it plans to seek acquisition opportunities to help meet growing Chinese uranium demand.

Cameco Declares Commercial Production at Cigar Lake

Uranium – Cameco has faced some difficulties at its Cigar Lake mine. However, the company announced Friday that the operation was in commercial production as of May 1. The mine remains on track to achieve its annual production target of 6 to 8 million packaged pounds of uranium for the year, and its long-term production target of 18 million pounds by 2018 also remains in place,

TEPCO’s Uranium Stockpile Sale Likely a ‘One-Off’ Move

Uranium – News surfaced recently that Tokyo Electric Power, or TEPCO, which has not consumed uranium since the 2011 Fukushima nuclear crisis, is planning to sell part of its uranium stockpile during its 2015 fiscal year in an effort to cut costs. The sale could add 6.56 million pounds of U3O8 equivalent to the spot market.