Search Results for: uuuu

Last week, the U.S. Department of Energy (“DOE”) requested information for its plans to establish commercial quantities of high-assay, low-enriched uranium. Currently, the National Nuclear Security Administration under this department makes uranium for its nonproliferation and defense missions only. The information gathered will be used in a report the Department of Energy has to present … Continue reading “DOE Seeks Information on Next-Gen Nuclear Reactors”

The Sprott Physical Uranium Trust was established roughly six months ago and is the only publicly listed fund in North America to invest in physical uranium. Currently, the Canadian-listed fund holds about one-third of the global annual supply of uranium, which is set to increase as time goes by. The trust’s establishment and significant growth … Continue reading “Newly Launched Uranium Fund Sending Shockwaves Through Nuclear Fuels Market”

Recently, ecoAmerica, an environmental not-for-profit organization focused on building political will, public support and institutional leadership for climate solutions, released its annual survey, which focused on Americans’ current perspectives on clean energy use. The survey looks into how sentiment has shifted from 2018 to 2021. The organization drew its survey sample from a panel of … Continue reading “US Study Documents Shift in Attitudes to Nuclear Energy”

As we shift from the use of fossil fuels, the need for more sources of clean energy grows. Nuclear power is a zero-emission clean source of energy that uses uranium to generate power. Uranium is a limited resource, and with the high demand for cleaner energy sources growing, finding better ways to obtain more uranium … Continue reading “New Material Could Greatly Improve Uranium Extraction from Seawater”

Kazatomprom, a uranium producer in Kazakhstan, has decreased its expected figures for uranium production for this year because of delays in well-field exploration and development activity. The company points to supply chain issues related to the coronavirus pandemic that have had a significant impact on its schedules for production. The company’s announcement came a few … Continue reading “Uranium Extractors Stare Supply Chain Issues in the Eye”

BNF Capital director Sean Benson has revealed that the Perrodo family decided to invest into Rolls Royce’s small modular reactor technology plans as the energy transition will not be possible without the use of nuclear power. The billionaire French oil family, whose fortune was built on investments in gas and oil, is one-half of the … Continue reading “Billionaires Bankroll Planned Rolls-Royce Modular Uranium Reactors “

The U.S. Geological Survey has suggested that uranium be removed from the national list of critical minerals. The draft list of critical minerals published by the agency in the Federal Register earlier in September of this year highlights 50 minerals that have been deemed essential to ecoomic security and national defense. Uranium is a radioactive … Continue reading “U.S. Geological Survey to Remove Uranium from Critical Minerals List”

Last week, North Shore Indices entered into an agreement with Sprott Asset Management. The agreement involves Sprott acquiring an exclusive license that will allow the company to utilize the North Shore Global Uranium Mining Index. This transaction between the two companies hasn’t yet been approved by the shareholders of North Shore Global Uranium Mining ETF … Continue reading “Sprott Asset Management LP to Acquire North Shore’s Uranium Mining ETF”

As more countries adopt the use of renewable energies and cut down on fossil fuel use in order to meet their carbon neutrality goals, the debate on whether nuclear energy should be used continues. Nuclear energy doesn’t emit high levels of carbon dioxide such as other renewable energies, which makes it a good option to … Continue reading “Why Nuclear Energy Isn’t Growing Fast in America”

Researchers have found that radiation from nuclear fuel that has already been used can be utilized in the creation of a fuel additive required for renewable biodiesel. The research, which was conducted by researchers at the Aston University and Lancaster University in the UK as well as the Jožef Stefan Institute in Slovenia, was reported … Continue reading “Study Finds Radiation May Create Valuable Fuel Additive”