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Uranium, an element utilized in the generation of nuclear energy, is said to be one of the best nonrenewable sources of energy because it doesn’t emit any greenhouse gases. Figures from the World Nuclear Association (WNA) show that global uranium production slightly increased by 1% from 47,731 tons in 2020 to 48,303 tons in 2021. … Continue reading “The Top-Five Countries Producing Uranium Globally”

Nuclear energy is said to cut down the number of atmospheric carbon emissions by more than 470 metric tons every year. The G7 nations are now being asked to leverage this technology in their own countries to aid in the global goal of achieving low-carbon emissions and securing a reliable supply of clean energy. Furthermore, … Continue reading “G7 Asked to Support Nuclear Energy Use in Fighting Against Climate Change”

Wyoming’s once-booming uranium industry could be poised for a resurgence due to the geopolitical fallout of the Russia-Ukraine war. Once the largest in America, the uranium industry in Wyoming operated several mines and employed thousands of workers. However, the industry was hit hard by a drop in uranium prices in the 1980s coupled with cheap … Continue reading “Wyoming’s Nuclear Industry May Benefit from Ukraine War”

Russia’s invasion of Ukraine has had negative geopolitical consequences that will last for years. As countries around the world raced to place sanctions on Russia for its unprovoked invasion, it became pretty clear that the energy sector was bound to take a major hit. Russia, which is a major supplier of uranium, provides an estimated … Continue reading “U.S. Government Wants Billions Allocated to Wean Itself Off Uranium from Russia”

Idaho National Laboratory’s associate lab director Jess C. Gehin believes that there exists enough energy in nuclear waste in America to power the whole nation for a century. This, he says, could help solve the issue of how to dispose of nuclear waste. A fast nuclear reactor, which is the technology required to convert nuclear … Continue reading “National Lab Director Believes Energy Can Be Harnessed from Nuclear Waste to Power Reactors”

Jennifer Granholm, the U.S. Secretary of Energy, is seeking funding from Congress that will be used to establish a domestic source of enriched uranium. In the letter, requesting the funds, the Department of Energy stated that America’s reliance on imports from Russia created a vulnerability to the country’s economic and national security. This letter comes … Continue reading “DOE Asks Congress to Fund Domestic Uranium Enrichment”

Dr. Adrienne Hanly of the International Atomic Energy Agency stated recently at the World Nuclear Fuel Cycle conference that inventory levels for uranium fuel for nuclear utilities in the United States hadn’t hit the 2+ years recommended minimum. Hanly, who is a uranium production specialist at the agency, stated that at 16 months’ worth of … Continue reading “IAEA Says Uranium Stockpiles Are Worryingly Low”

Energy security is an issue that has plagued countries across the globe, especially in the last couple of years with the coronavirus pandemic highlighting just how fragile supply chains are during global health crises. This was highlighted again when Ukraine was invaded by Russia earlier this year, which left the supply of gas and oil … Continue reading “Is it Time for US to Have a Strategic Uranium Stockpile?”

The Nuclear Innovation Alliance believes that an increase in the domestic production of nuclear energy in America will help the country achieve 100% clean energy by 2050. The organization believes that this increase is achievable, which is why it’s urging the Department of Energy to launch an advanced nuclear energy program under its Energy Earthshots … Continue reading “Nuclear Organization Calls for Increased Domestic Production of Nuclear Energy”

Uranium is an essential commodity needed as the world transitions from the use of fossil fuels. Despite this need, the U.S. Securities Exchange Commission (SEC) rejected an application made by the Sprott Physical Uranium Trust that would have allowed the trust to become the first fund to trade on the exchanges in the United States. … Continue reading “Uranium Still Lures Investors Despite SEC Turning Down Sprott’s Listing Application”