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NANO Nuclear Energy signs an agreement with GNS Gesellschaft für Nuklear-Service mbH to develop a comprehensive HALEU fuel transportation system. The collaboration will focus on safe and optimized transport for various nuclear fuel types, including uranium oxide,...
Turkey is negotiating with the US to develop large-scale nuclear reactors and SMRs to diversify its energy mix and reduce dependency. Although Turkey currently lacks operational nuclear power plants, the Akkuyu plant, developed by Russia's Rosatom, is under...
HALEU (5-20% U-235) and LEU (3-5% U-235) are vital uranium fuels for nuclear reactors, medical research, and naval propulsion. The U.S. banned Russian uranium imports in May 2024, aiming to sanction Russia and boost domestic uranium production, which has significantly...
Uranium stocks surged after President Biden signed the Prohibiting Uranium Imports Act, banning Russian uranium imports to enhance U.S. energy security and boost domestic uranium production, creating thousands of jobs. The U.S. government announced a $3.4 billion...
The US government plans to invite bids for $3.4 billion in contracts to enhance domestic nuclear fuel production, aiming to reduce reliance on Russian imports. Centrus Energy Corp. and other companies, including ConverDyn and Global Laser Enrichment, are expected to...