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IsoEnergy Signs Agreement with Kineepik Métis Local to Advance Uranium Exploration in Saskatchewan, Canada

On August 24, 2026, IsoEnergy Ltd. announced that it has signed an exploration agreement with Kineepik Métis Local Inc. to support its responsible uranium exploration activities in Saskatchewan, Canada. Under the agreement, the two parties will establish mechanisms for ongoing communication, information sharing, and collaboration around IsoEnergy's exploration activities in the relevant region. The agreement also provides that Kineepik community members and local businesses may participate in exploration-related work through business partnerships, employment opportunities, and training programs. Kineepik Métis Local Inc. represents Métis rights holders residing within the Kineepik use and occupancy area, including...

2026-08-26

Russia's Khiagda Uranium Enterprise Passes Routine Regulatory Inspection

Khiagda JSC, part of the mining division of Russia's State Atomic Energy Corporation (Rosatom), has completed a routine on-site inspection by the Federal Service for Environmental, Technological and Nuclear Supervision (Rostekhnadzor). The inspection covered the company's uranium mining-related facilities and its nuclear energy utilization activities. The inspection team was led by Mikhail Morev, Head of the Department for Assessment, Licensing and Inspection of Industrial Nuclear Reactors and Spent Nuclear Fuel Management Facilities at Rostekhnadzor. The team inspected the railway freight yard in Chita, as well as the central production site in the Bauntovsky District of the Republic of Buryatia...

2026-08-25

Kazakhstan's Kazatomprom Says the Era of "Cheap Uranium" Is Fading

Meirzhan Yussupov, CEO of Kazakhstan's national atomic company Kazatomprom, said during a semi-annual financial results conference call that the global uranium market is entering a new supply-demand phase and the era of cheap uranium is fading. The company also disclosed arrangements for natural uranium concentrate trading and the latest updates on the delay of the TQZ sulfuric acid plant project. Yussupov said that 38 countries worldwide have signed commitments to support tripling nuclear power capacity by 2050, with these countries collectively accounting for more than 70% of global GDP. In his view, nuclear energy development has moved beyond policy discussions and entered the stage of actual deployment...

2026-08-25

Madouela Uranium Project Rights in Niger Re-Secured

Atomic Eagle Limited has reached a new mining agreement with the Republic of Niger to re-secure the rights to the Madouela uranium project. The project is located in Niger, and its mining rights were revoked in 2024 from the previous holder, GoviEx Uranium Inc. Phil Hoskins, CEO of Atomic Eagle Limited, stated that re-acquiring the Madouela mining rights will significantly expand the company's resource base and add a more advanced-stage uranium project to its portfolio. He noted that Madouela is a large-scale, high-grade uranium project with substantial historical...

2026-08-25

Expansion Project Advances at Centrus Energy's Uranium Enrichment Facility in Piketon, Ohio

Centrus Energy said on August 24 that Ohio Governor Mike DeWine, Lieutenant Governor Jim Tressel, JobsOhio CEO J.P. Nauseef, along with state, federal, and local stakeholders, visited the company's uranium enrichment facility in Piketon, Ohio, to discuss the development of the U.S. domestic nuclear fuel supply chain and Ohio's role in it. In September 2025, Centrus Energy announced a multi-billion-dollar expansion of the Piketon uranium enrichment plant. Currently, the expansion...

2026-08-25

Argentina advances uranium mine restart to support nuclear power program

The Argentine government is incorporating the resumption of domestic uranium mining into its nuclear energy development plan. The government of Javier Milei proposed a nuclear program in June this year, covering uranium resource development, support for the operation of existing nuclear power units, and the construction of modular reactors. Argentina has a long history of uranium mining. According to data, the Huemul uranium mine in Mendoza Province operated from 1955 to 1975, and the Sierra Pintada uranium mine operated from 1975 to 1997. Since then, Argentina has relied mainly on imports for the uranium fuel needed to operate its nuclear power plants. Currently, nuclear power accounts for about 7% of the country's electricity generation. Argentine official data shows that the country has identified recoverable uranium resources of 34,250 tonnes.

2026-08-23

Kazakhstan's Kazatomprom to Supply Natural Uranium Concentrate to Russian and Chinese Companies

Kazakhstan's National Atomic Company Kazatomprom recently announced on the Astana International Exchange (AIX) that it has reached agreements with Russia's Uranium One and State Nuclear Uranium Resource Development Company (SNURDC) for the sale of natural uranium concentrate (U3O8). Under the relevant arrangements, Kazatomprom plans to deliver a batch of natural uranium concentrate to the Siberian Chemical Combine, with the shipment intended for Uranium One; simultaneously, the company also plans to deliver a batch of natural uranium concentrate to Alashankou Railway Station, intended for SNURDC. Kazatomprom stated that it plans to review the relevant major transactions at an extraordinary general meeting of shareholders to be held in September...

2026-08-22

Ur-Energy Ships First Uranium from Shirley Basin Mine to Lost Creek Processing Plant

U.S. uranium producer Ur-Energy announced that on August 19, 2026, its Shirley Basin uranium mine in Wyoming shipped its first uranium to the Lost Creek processing plant in the same state. This marks the company's second in-situ recovery (ISR) uranium mine entering full production and beginning its ramp-up phase. Ur-Energy President and CEO Matt Gili stated that the shipment of first uranium signifies the full commissioning of the Shirley Basin project and represents the company's transition into a multi-asset U.S.-based uranium producer. According to him, the Shirley Basin project took approximately two and a half years from planning and construction to production. The Shirley Basin uranium mine is Ur-Energy's second in-situ uranium...

2026-08-21

US LIS Technologies Initiates Site Preparation for Oak Ridge Laser Uranium Enrichment Project

LIS Technologies Inc. (LIST) announced on August 20 that it has initiated preliminary site preparation work on the "LIST Island" parcel at the Heritage Center of the East Tennessee Technology Park in Oak Ridge, Tennessee. The 206-acre parcel is located within the former K-25 gaseous diffusion plant site. This phase of work includes environmental characterization, environmental assessment, and technical feasibility studies tailored to site conditions. These efforts will provide the preliminary basis for the company's planned commercial laser uranium enrichment headquarters and technology campus, LEU-3. Under current plans, the LEU-3 facility will host the company's FUEL project, namely the Future Uranium Enrichment by Laser project, and support its long-term operations and research...

2026-08-21

IsoEnergy and DISA Complete Transaction to Launch U.S. Uranium Recovery and Production Company DISA Uranium

On August 19, IsoEnergy Ltd. and DISA Technologies, Inc. announced the completion of their previously disclosed transaction to form DISA Uranium Corporation. The new company is positioned as a technology-driven U.S. uranium enterprise, aiming to strengthen domestic uranium supply and serve the growing demand for domestically sourced nuclear fuel. Under the definitive agreement, IsoEnergy transferred its portfolio of permitted and previously producing conventional uranium assets in Utah, U.S., to DISA Uranium in exchange for 1,677,350 common shares of DISA Uranium. The asset portfolio includes the Tony M Mine, Daneros Mine, Rim Mine, Sage Plain Project, and Flatiron Project. Upon completion of the transaction...

2026-08-20

Energy Fuels' Utah Plant's Terbium Oxide Certified by Japanese Rare Earth Permanent Magnet Manufacturer

On August 19, U.S. critical materials producer Energy Fuels Inc. announced that the terbium oxide produced at its White Mesa plant in Utah has passed all certifications from a Japanese rare earth permanent magnet manufacturer, enabling its use in commercial rare earth permanent magnet production without further qualification or verification. According to the company, this Japanese manufacturer is one of the world's largest rare earth permanent magnet producers outside China. Energy Fuels stated that the certification of its terbium oxide demonstrates that its heavy rare earth product quality and rare earth processing capabilities have been recognized by downstream users. The company's previously produced neodymium-praseodymium oxide and dysprosium oxide have also obtained qualification certifications for use in rare earth permanent magnet manufacturing. Terbium is one of the important heavy rare earth elements, primarily used to enhance the heat resistance and performance of high-strength neodymium-iron-boron permanent magnets. Neodymium-iron-boron permanent magnets are widely used in automotive, advanced electronics, robotics, aerospace, and other sectors. According to Benchmark Mineral Intelligence's European CIF price data, the current market price of terbium oxide is approximately $5.5 million per metric ton.

2026-08-20

Urenco USA Breaks Ground on National Enrichment Facility Expansion, Plans to Add 2.1 Million SWU Capacity

On August 18, local time, Urenco USA held a groundbreaking ceremony in Eunice, New Mexico, United States, to launch the future expansion of its commercial uranium enrichment facility. U.S. Secretary of Energy Chris Wright, Urenco Group Chief Executive Officer Boris Schucht, and company management attended the ceremony. Urenco USA is the only commercial-scale uranium enrichment producer in the United States, operating the National Enrichment Facility (NEF). The company announced in June this year that it would increase the facility's capacity by nearly 50%. This expansion is part of a multi-billion-dollar investment, with plans to build a new...

2026-08-19

NANO Nuclear and QNI Sign Memorandum of Understanding to Advance Domestic HALEU Fuel Supply Cooperation in the U.S.

NANO Nuclear Energy Inc. (NANO Nuclear) and Quadrant Nuclear Industries, Inc. (QNI) announced on August 18 that the two companies have signed a memorandum of understanding (MOU) establishing a non-binding framework for future high-assay low-enriched uranium (HALEU) fuel supply cooperation. Under the MOU, the parties will engage in discussions regarding the supply of HALEU to be produced by QNI in the future and long-term offtake arrangements. The fuel in question is planned to come from QNI's proposed Vanguard facility at Idaho National Laboratory (INL). QNI stated that once the facility operates at full capacity, its annual HALEU production...

2026-08-19

Terra Clean Energy Receives Exploration Permit for Marysvale Uranium Project in Utah, USA

Terra Clean Energy Corp. recently announced that it has received the relevant permit from the Utah Division of Oil, Gas and Mining under the Utah Department of Natural Resources to carry out planned exploration work at its wholly-owned Marysvale Uranium Project. Under the approved work plan, the company will construct 5 drill pads to support subsequent diamond core drilling, and excavate 7 exploration trenches to expose and evaluate known uranium-bearing outcrops. Terra stated that this permit represents a significant milestone in advancing this historic uranium project. The trenching work will help the company's technical team map mineralized structures, collect samples, and validate existing geological interpretations. The results will...

2026-08-18

South Korea's Nuclear Expansion Faces Fuel Supply Pressure as Enriched Uranium Costs Surge Nearly Sixfold in Seven Years

Against the backdrop of accelerating global nuclear power construction and surging electricity demand from AI data centers, the nuclear fuel supply chain is facing new tensions. Due to limited uranium enrichment capacity and sanctions affecting Russian-related supplies, international uranium enrichment prices have risen sharply over the past seven years. South Korea's nuclear expansion plans are consequently facing fuel procurement pressure, with industry experts concerned that if mid- to long-term nuclear fuel security proves insufficient, newly built nuclear units could face operational risks in the future. Korea Hydro & Nuclear Power (KHNP) recently disclosed that South Korea's domestic annual enriched uranium consumption is expected to increase from approximately 460 tons currently to about 540 tons next year. The rising demand mainly stems from the overlap between life-extension operations of some older nuclear units and the commissioning of new units...

2026-08-18