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TerraPower and Uranium Energy announced today that they have signed a memorandum of understanding to “explore the potential supply of uranium” for TerraPower’s demonstration reactor in Kemmerer, Wyo.
Who’s in the running for DOE Nuclear Lifecycle Innovation Campuses?
Today is the Department of Energy’s deadline for states to respond to a request for information on proposed Nuclear Lifecycle Innovation Campuses. Issued on January 28, the RFI marks the...
60 Years of U: Perspectives on resources, demand, and the evolving role of nuclear energy
Recent years have seen growing global interest in nuclear energy and rising confidence in the sector. For the first time since the early 2000s, there is renewed optimism about the industry’s...
X-energy forms partnership with Talen Energy to assess Xe-100 deployment
X-energy announced Thursday that it has signed a letter of intent with Talen Energy to assess the deployment of X-energy’s Xe-100 reactor in Pennsylvania and throughout the market area of...
General Matter to supply enriched uranium to Japan and South Korea
American enrichment start-up General Matter is to export nuclear fuel to Japan and South Korea, backed by up to $4.2 billion in potential debt financing from the Export-Import Bank of the...
Oklo, Centrus collaborate on HALEU deconversion-enrichment initiative
A newly announced potential joint venture between reactor and fuel-recycling developer Oklo and uranium enricher Centrus Energy could be coming to Ohio. The two companies have agreed to pursue...
DOE Nuclear Energy Launch Pad “extends and expands” pilot programs
The Department of Energy is set to expand on its Reactor Pilot Program and Fuel Line Pilot Program by introducing the Nuclear Energy Launch Pad, a DOE-led program to integrate the...
Cameco uranium agreement a highlight of Canada-India deals
The governments of Canada and India agreed to multiple long-term deals this month, extending a partnership that will impact sectors including energy and critical minerals, technology and AI,...
Argonne updates: Fuel research and materials lab
Over the past two weeks, Argonne National Laboratory has announced numerous significant advancements being made by its staff to push forward nuclear fuels and materials research. Those...
NRC approves TerraPower construction permit
Today, the Nuclear Regulatory Commission announced that it has approved TerraPower’s construction permit application for Kemmerer Unit 1, the company’s first deployment of Natrium, its...
U prices fall in February, remain relatively high
The end-of-February spot price for uranium was $86.95 per pound, down from last month’s $94.28—which was a two-year high—according to uranium fuel provider Cameco. Though down, this...
