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Citing “improving market sentiment,” Tim Gitzel, president and chief executive officer of the Canadian uranium mining company Cameco, announced on February 9 the planned restart of operations at the McArthur River mine in Saskatchewan.
X-energy raises $700M in latest funding round
Advanced reactor developer X-energy has announced that it has closed an oversubscribed Series D financing round of approximately $700 million. The funding proceeds are expected to be used to...
U.S. and Saudi Arabia reach deal on nuclear energy cooperation
As President Trump hosted Saudi Crown Prince Mohammed bin Salman at the White House on November 19, Energy Secretary Chris Wright confirmed that the United States and Saudi Arabia have signed...
DOE-NE opens comments on new fuel consortium agreements
The Department of Energy’s Office of Nuclear Energy is requesting comments on a draft voluntary agreement for the Nuclear Fuel Cycle Defense Production Act (DPA) Consortium, with a short...
New, efficient way to extract uranium from seawater reported
A new type of material has been demonstrated to greatly enhance the ability to recover uranium from seawater, according to a study published recently in Sustainable Carbon Materials. The...
NRC extends comment period for X-energy’s TX-1 fuel facility
Due to the days lost to the government shutdown, the Nuclear Regulatory Commission has extended the public comment period for a draft environmental impact statement for the TX-1 advanced...
Construction begins on X-energy’s Oak Ridge advanced fuel facility
Small modular reactor developer X-energy and its subsidiary TRISO-X announced yesterday the start of aboveground construction for its TX-1 advanced nuclear fuel fabrication facility in Oak...
Uranium market prices reflect higher demand
An end-of-October spot price for uranium of $80.00 per pound—down from the year high of $82.63 per pound in September—is still substantially higher than the year’s lowest price of $64.23...
In my August column in Nuclear News, I reflected on the importance of ANS’s annual conferences for bringing together our nuclear community at the national level. In September, after speaking...
Construction begins on UNITY-2 fusion fuel cycle test facility
Canada’s Fusion Fuel Cycles Inc. (FFC), a joint venture between Canadian Nuclear Laboratories and Japan’s Kyoto Fusioneering, announced that it has officially entered the construction...
ANS announces 2026 Presidential Citations
One of the privileges of being president of the American Nuclear Society is awarding Presidential Citations to individuals who have demonstrated outstanding effort in some manner for the...
