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.
Uranium provider Cameco has calculated an end-of-July spot price for uranium of $71.10—a decline from the $78.50 of the previous month. Cameco lists a long-term price of $81.00 for July,...
General Matter to build Kentucky enrichment plant under DOE lease
The Department of Energy’s Office of Environmental Management announced it has signed a lease with General Matter for the reuse of a 100-acre parcel of federal land at the former Paducah...
Savannah River Site could produce 3.1 MT of HALEU as downblending plan okayed
From 2003 to 2011, staff at the Department of Energy’s Savannah River Site downblended high-enriched uranium in the site’s H Canyon, producing over 300 metric tons (MT) of low-enriched...
Test reactor fuel fabrication will be fast-tracked by DOE under new pilot program
The Department of Energy has announced a program to accelerate nuclear fuel fabrication for new test reactors. The Fuel Line Pilot Program would see the DOE approve facilities developed by...
BWXT advances on TRISO project
BWX Technologies (BWXT) has achieved a key milestone in its project to additively manufacture advanced forms of TRISO fuel for Generation IV advanced nuclear reactors. The Lynchburg Technology...
The value of recycled U and Pu brings Standard Nuclear and Shine together
Shine Technologies has been developing fusion-adjacent technologies in Janesville, Wis., including nuclear fuel recycling, since its founding in 2005. Standard Nuclear of Oak Ridge, Tenn., was...
Maritime organizations to consult with the IAEA
The Nuclear Energy Maritime Organization (NEMO) recently announced that it was officially granted nongovernmental organization consultative status with the International Maritime Organization....
House Oversight Committee schedules hearing on nuclear energy
Rep. Eric Burlison (R., Mo.), the chairman of the U.S. House Oversight and Accountability Subcommittee on Economic Growth, Energy Policy, and Regulatory Affairs, has announced a hearing on...
INL to use Microsoft’s AI to streamline nuclear licensing
The Idaho National Laboratory has announced that it will collaborate with Microsoft on the use of artificial intelligence technologies to streamline the nuclear permitting and licensing...
TerraPower awards subcontract for Natrium project
A subcontract has been signed with NQA-1 qualified fabricator AvanTech to support TerraPower’s Natrium project in Kemmerer, Wyo. AvanTech will design advanced sodium processing system...