From the pages of Nuclear News : Industry update

November 1, 2021, 3:01PMNuclear News

Here is a recap of industry happenings over the course of the past month:

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Terrestrial Energy and Cameco examine partnership for deploying IMSR Generation IV nuclear power plants

  • Terrestrial Energy and Cameco Corporation have signed a non-binding and non-exclusive memorandum of understanding to examine potential partnership opportunities to deploy Terrestrial Energy’s Integrated Molten Salt Reactor (IMSR) Generation IV nuclear power plants in North America and worldwide. The partnership would also evaluate possible opportunities for the supply of uranium, fuel, and other services. As part of these activities, the companies are investigating the potential of Cameco’s Port Hope uranium conversion facility in Ontario, Canada, for IMSR fuel salt supply.

DOE moves on sale and disposal of depleted uranium

June 11, 2020, 2:05PMRadwaste Solutions

The Department of Energy has signed an amendment to a 2016 sales agreement with Global Laser Enrichment (GLE) that will provide the company with access to large stockpiles of DOE-owned depleted uranium hexafluoride (DUF6) tails as GLE looks to build its proposed uranium enrichment facility at the DOE’s Paducah site in Kentucky. As announced on June 5, the amendment is one of the conditions of a 2019 agreement by Australia’s Silex Systems Limited, Canada’s Cameco Corporation, and GE Hitachi Nuclear Energy for the restructuring of GLE, the exclusive licensee of Silex’s laser uranium enrichment technology.

Separately, the DOE announced on June 5 that it has issued a formal record of decision for the shipment and disposal of depleted uranium oxide from the former gaseous diffusion plants at the department’s Paducah and Portsmouth sites in Ohio to one or more disposal facilities in the western United States.

Pandemic halts or slows work at uranium facilities

April 20, 2020, 5:53PMNuclear News

Several companies involved in the front end of the nuclear fuel cycle have announced temporary shutdowns or staffing reductions in response to the COVID-19 pandemic. While the modest increase in uranium spot prices triggered by production cuts could be a silver lining, uranium prices are still below a level that would prompt idled mines to get back in production once public health mandates are lifted.

The uranium market is global, and it should come as no surprise that a global pandemic is having an impact on facilities around the world, including in the following countries.