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Canada's Cameco Signs Exclusive Offtake Agreement to Lock Up All Future Output from U.S. Paducah Laser Enrichment Plant

Canadian nuclear fuel giant Cameco has signed a new exclusive offtake agreement with Global Laser Enrichment (GLE), under which Cameco will purchase all nuclear fuel products from the future production of the Paducah Laser Enrichment Facility (PLEF) that GLE plans to build in Kentucky, United States. This major agreement was formally announced by Australia's Silex Systems. GLE was founded in 2007 to develop and commercialize laser-based uranium enrichment technology in the United States. The company is currently 51% owned by Silex Systems, the developer of SILEX laser enrichment technology, and 49% by Cameco. Silex Chief Executive Officer and Managing Director Mike...

2026-09-17

Canadian uranium exploration company Triton Uranium advances Atlas project, identifies 46.56 million pounds of potential uranium resources

Canadian uranium exploration company Triton Uranium recently announced that it has completed four technical reports compliant with NI 43-101 and S-K 1300 standards for its Atlas project located in Saskatchewan. The reports indicate that satellite mineralized occurrences and exploration target areas within the project area exhibit low-grade open-pit potential resources of up to 46.56 million pounds of triuranium octoxide (U₃O₈). This major technical breakthrough comes as the United States and Canada accelerate the construction of a continent-wide critical minerals supply chain under the U.S.-Canada Critical Minerals Action Plan. Meanwhile, Canada is fully advancing its nuclear energy strategy, with new reactor construction, small modular reactor (SMR) development, and the refurbishment of existing units...

2026-09-17

Eagle Nuclear Energy Corp. Expands Government Affairs and Uranium Advisory Capabilities to Support the U.S. Domestic Nuclear Fuel Supply Chain

On September 9, Eagle Nuclear Energy Corp., a next-generation nuclear energy company that owns one of the largest measured and indicated conventional uranium deposits in the United States, announced in Reno, Nevada, that it has engaged LSN Partners (LSN) to provide government affairs, strategic advisory, and stakeholder communications services. The company also announced the appointment of Blake Steele as a strategic advisor. As a government affairs consulting firm, LSN will assist Eagle in advancing its public-sector development objectives at the federal and state levels. The collaboration will focus on U.S. domestic uranium production, advanced nuclear technology, critical minerals policy, energy...

2026-09-16

Syria Places 73 Tonnes of Uranium Under IAEA Safeguards

Syrian Foreign Minister Asaad al-Shaibani recently announced that Damascus has placed 73 tonnes of natural uranium under International Atomic Energy Agency (IAEA) supervision, marking the closure of Syria's 15-year nuclear non-compliance file and the beginning of renewed cooperation with the watchdog. According to the Syrian state news agency SANA, al-Shaibani told the IAEA General Conference via video that the Board of Governors unanimously decided on September 9 to close Syria's nuclear file. The file had remained open since 2011. He noted that Damascus sent an official letter to the IAEA on July 17 disclosing that it possessed nuclear material at an undeclared location, and subsequently on July...

2026-09-16

Saudi Arabia Discovers Massive Rare Earth Mineral and Uranium Deposits

Saudi Arabia has recently made a major resource discovery in the Medina region, with estimated reserves of approximately 110 million tons, containing abundant rare earth minerals and uranium resources. This discovery will undoubtedly have a profound impact on Saudi Arabia's energy strategy and international cooperation. This discovery was formally announced by Saudi Arabia's Minister of Energy, Prince Abdulaziz bin Salman, at the International Atomic Energy Agency conference. Exploration and geological studies in the Jabal Sayid project indicate that the region has an extremely high content of rare earth elements, with particularly notable concentrations of heavy rare earth minerals, as well as uranium resources with development potential. It is worth noting that this discovery

2026-09-15

Russia's Second Depleted Uranium Hexafluoride Processing Plant Officially Commissioned, Uranium Conversion Capacity Expected to Double

The depleted uranium processing facility at the Zelenogorsk Electrochemical Plant in Krasnoyarsk Krai has been officially commissioned recently. According to a statement by Alexey Likhachev, Director General of Rosatom, the commissioning of this new facility has doubled Russia's capacity for depleted uranium hexafluoride (DUHF) processing. This is also the second such DUHF processing plant built in Russia, with an annual capacity of 10,000 tonnes, while the first plant of the same type previously operating at the same site had already been commissioned earlier. In his statement, Likhachev said that the commissioning of the new depleted uranium hexafluoride processing facility is of great significance for the Electrochemical Plant, Rosatom's fuel division...

2026-09-14

Canada Promotes Uranium Resources and Nuclear Industry to the UK

Recently, Scott Moe, Premier of the Canadian province of Saskatchewan, led a trade and investment delegation to the United Kingdom, focusing on promoting the province's abundant uranium resources and its expertise and experience in the nuclear energy sector. The visit aimed to demonstrate to the UK side that Saskatchewan possesses the resource reserves, research and development infrastructure, and complete industrial chain conditions to advance nuclear energy development, and to create opportunities for local enterprises to expand into overseas markets. Scott Moe stated in an official statement that the province has abundant uranium resources, well-established nuclear energy research infrastructure, and mature supply chain capabilities, and is fully equipped to become a world leader in nuclear energy development....

2026-09-14

BWXT Awarded $4 Million Conceptual Design Contract for Y-12 Lithium Processing Facility

Recently, BWX Technologies, Inc. (BWXT), a nuclear technology, nuclear components, and nuclear fuel manufacturing company headquartered in Lynchburg, Virginia, USA, announced that it has been awarded the conceptual design contract for the first module of the first lithium processing facility at the Y-12 National Security Complex by the U.S. Department of Energy National Nuclear Security Administration (DOE/NNSA). It is understood that the Y-12 National Security Complex, located in Oak Ridge, Tennessee, USA, is managed by the National Nuclear Security Administration (NNSA) under the U.S. Department of Energy. Its core business...

2026-09-14

KHNP and France's Orano Expand Nuclear Fuel Supply Chain Cooperation

On September 8, Korea Hydro & Nuclear Power (KHNP) and France's Orano SA (Orano) signed a letter of intent for long-term cooperation in uranium enrichment at the Élysée Palace in Paris. The signing ceremony was witnessed by the leaders of both South Korea and France. This letter of intent represents a further extension of the existing cooperation between the two parties. In April this year, during French President Emmanuel Macron's visit to South Korea, KHNP and Orano had signed a memorandum of understanding on global, mutually beneficial cooperation in the nuclear fuel cycle sector. Under the letter of intent, the two parties plan to deepen cooperation in the front-end of the nuclear fuel cycle. KHNP...

2026-09-09

Destroyed Syrian Nuclear Reactor May Have Had Capability to Produce Nuclear Weapons Material

International Atomic Energy Agency (IAEA) Director General Rafael Grossi said on September 7 that a Syrian nuclear reactor, which was destroyed in an Israeli airstrike in 2007 while it was nearly complete, was of a type capable of relatively quickly producing fissile material that could be used in nuclear weapons. The IAEA recently concluded its investigation into Syria's past covert nuclear activities. The investigation found approximately 73 tons of natural uranium metal, primarily in the form of reactor fuel. In a report submitted to member states, the agency confirmed that its previous assessment remained unchanged: the destroyed facility in Deir ez-Zor Province in eastern Syria was a nuclear reactor under construction, and the associated fuel had also been manufactured within Syria.

2026-09-08

UK Report Says Russia's Uranium Supply Share Could Rise to 36% by 2040

The UK-based non-governmental organization Center for Strategic Advantage (CSA) recently released a report stating that if countries advance uranium production according to existing plans and operate all deposits at full capacity, Russia's share of global uranium supply could rise from roughly one-quarter at present to 36% by 2040. The report argues that Western countries face issues such as insufficient investment and delays in permitting new mine development, making it difficult to meet future demand. Meanwhile, Russia's uranium mining capacity is expected to continue growing. Project director Gareth Heywood stated that by 2040, some countries' dependence on Russian uranium production could approach the level of their dependence on Russian natural gas and oil around 2022.

2026-09-08

South Korean President to Visit France for Nuclear Energy Cooperation Talks

At the invitation of French President Emmanuel Macron, South Korean President Lee Jae-myung will pay a state visit to France from September 6 to 9. The South Korean side stated that during the visit, the two sides will hold discussions on cooperation in high-tech fields such as artificial intelligence, aerospace, nuclear energy, and biotechnology, with nuclear energy cooperation listed as one of the key agenda items. South Korean National Security Advisor Wi Sung-lac said at a press conference on the 4th that this visit will serve as an opportunity to consolidate the Korea-France global strategic partnership. The South Korean side hopes to expand bilateral cooperation in areas such as nuclear energy through joint research and development, corporate collaboration, and market access...

2026-09-05

State Nuclear Uranium Industry Achieves 100% Localization of Electron Linear Accelerator Development

Recently, the first fully domestically produced 10 MeV/20 kW electron linear accelerator developed by the Technology Center of State Nuclear Uranium Industry (Nuclear Power Tongchuang) completed its 20 kW beam extraction test, with performance meeting design specifications. This marks a significant breakthrough for State Nuclear Uranium Industry in the field of electron accelerator development and elevates its capability in developing nuclear technology application equipment to a new level. Main unit of the 10MeV/20kW electron irradiation accelerator As a versatile high-energy electron linear accelerator, the 10MeV/20kW electron linear accelerator is widely used in multiple sectors of the national economy, including medical device sterilization, traditional Chinese medicine pest control, food preservation, and polymer material modification. During the current process of engineering application and industrial promotion, its core components such as klystrons, waveguide windows, and water loads have a relatively low localization rate, with some models still relying on imports, facing challenges such as long procurement cycles, high costs, and difficulties in spare parts support. The R&D team of State Nuclear Uranium Industry has focused on industry pain points, adhered to a problem-oriented approach, overcome difficulties, efficiently resolved various technical challenges, and successfully achieved 100% localization of this model of electron linear accelerator with significantly reduced overall machine costs, breaking the reliance on imported core components. As a key R&D project for differentiated layout in the nuclear technology industry, State Nuclear Uranium Industry will continue to improve its processes and standards systems, accelerate the application of research achievements in typical scenarios, bridge the chain from R&D to industrial application, and promote the steady development of the nuclear technology industry.

2026-09-05

IAEA Confirms Undeclared Nuclear Facilities in Syria

A confidential report by a United Nations agency reveals that after IAEA inspectors visited multiple locations in Syria in August this year, they confirmed that the former Syrian authorities had failed to declare relevant nuclear materials, nuclear facilities, and nuclear activities as required by the safeguards agreement under the Treaty on the Non-Proliferation of Nuclear Weapons. The report states that the information includes a nuclear reactor that was under construction in Deir ez-Zor, a fuel fabrication facility, and another site used for fuel storage during the former government era. For a long time, there has been external suspicion that Syria had secretly pursued a nuclear program, with a facility in Deir ez-Zor province believed to be a nuclear reactor built with assistance from North Korea. The facility was destroyed by an Israeli airstrike in 2007...

2026-09-03

Verdera Energy to Sell 100% Interest in Treeline Uranium Project in New Mexico, USA

Verdera Energy Corp. recently announced that it has entered into a mineral property purchase and sale agreement with Americas Uranium Corp. to sell 100% of its interest in the Treeline uranium project located in New Mexico, USA, with the transaction remaining subject to related royalty arrangements. Under the agreement, Americas Uranium will acquire all interests in the Treeline mineral properties and related titles. The consideration includes US$100,000 in cash payable at closing, and Americas Uranium common shares totaling C$2 million payable in installments over 36 months following closing, with 90% of the share consideration to be paid in stages within that period. In addition, Verdera will retain a 1.5% net proceeds royalty on uranium from the project and a 1.5% net smelter returns royalty on other minerals produced from the project. The royalty can be reduced to 1.0% upon payment of C$400,000 to Verdera.

2026-09-03