TerraPower partners with UEC for uranium supply

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.
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 spot price jumps in June
Uranium provider Cameco has calculated an end-of-June spot price of $78.50 for uranium—a substantial jump from the $71.55 the previous month. Cameco continues to list a long-term price of...
More good news for TerraPower on Kemmerer construction permit
The Nuclear Regulatory Commission has whittled down the timeline for reviewing TerraPower’s construction permit application for Kemmerer Power Station Unit 1 in Wyoming. Announcing a new,...
Argonne to work with Shine on cost-effective recycling technology
The Department of Energy’s Argonne National Laboratory will collaborate with Wisconsin-based fusion technology company Shine to design new chemical processes for separating valuable...
DOE extends Centrus’s HALEU production contract by one year
Centrus Energy has secured a contract extension from the Department of Energy to continue—for one year—its ongoing high-assay low-enriched uranium (HALEU) production at the American...
DOE opens pilot program to authorize test reactors outside national labs
Details of the plan to test new reactor concepts under the Department of Energy’s authority but outside national laboratory boundaries—first outlined in one of the four executive orders on...
NRC announces hearing opportunity on Long Mott construction permit
The Nuclear Regulatory Commission is providing the opportunity to request a hearing on Dow Chemical Company’s application to construct a 320-MWe nuclear power plant at the company’s...
Smarter waste strategies: Helping deliver on the promise of advanced nuclear
At COP28, held in Dubai in 2023, a clear consensus emerged: Nuclear energy must be a cornerstone of the global clean energy transition. With electricity demand projected to soar as we...
TerraPower and ASP Isotopes agree on loan and HALEU supply terms
ASP Isotopes Inc. announced on May 19 that it now has conditional commitments from TerraPower for a loan that could partially finance a new uranium enrichment facility in South Africa. The...
Urenco USA feeds UF6 into new U.S. commercial enrichment cascade
Urenco USA has initiated production of enriched uranium in its newest gas centrifuge enrichment cascade—the first in a planned expansion of its Eunice, N.M., facility announced in July 2023....
High-temperature plumbing and advanced reactors
The use of nuclear fission power and its role in impacting climate change is hotly debated. Fission advocates argue that short-term solutions would involve the rapid deployment of Gen III+...