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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

Philippine Steel Plant in Davao Raided: Radioactive Isotopes Detected in Finished Rebar and Multiple Materials at the Facility

On August 14, Philippine authorities conducted a raid on Davao Mighty Steel Corp., a steel manufacturing plant located in Barangay Ilang, Bunawan District, Davao City. The operation followed an investigation launched by the National Bureau of Investigation (NBI) after receiving reports that the company was involved in the production and sale of substandard steel rebar, with the scope of the investigation subsequently expanding after radioactive isotopes were detected in commercially sold DMS rebar. The operation was led by the National Bureau of Investigation, with the participation of the Presidential Anti-Organized Crime Commission (PAOCC), and was supported by the Philippine Nuclear Research Institute (PNRI), the Philippine Air Force, the Philippine Coast Guard's Chemical, Biological, Radiological and Nuclear emergency response units, the Coast Guard Special Operations Group, and the Army's 10th Infantry Division.

2026-08-15

Canada's Rook 1 Uranium Mine Breaks Ground, Could Contribute One-Fifth of Global Uranium Production

The Rook 1 uranium mine project in northern Saskatchewan, Canada, has officially commenced construction. The project, advanced by NexGen Energy, is located south of the Athabasca Basin, approximately 130 kilometers north of La Loche. Saskatchewan Premier Scott Moe, former Canadian Prime Minister Stephen Harper, Secretary of State for Rural Development Buckley Belanger, and local Indigenous representatives attended the groundbreaking ceremony. The total project investment is approximately CAD 2.2 billion, with an expected construction period of four years. External infrastructure work has already begun, shaft sinking is planned for 2027, and the on-site runway will be expanded to 1,780 meters. Rook 1 is regarded as one of the world's largest uranium mine projects. NexGen estimates...

2026-08-14

Uzbekistan and Japan Discuss Expanding Cooperation in Peaceful Uses of Nuclear Energy

The Atomic Energy Agency of Uzbekistan recently held talks with a Japanese delegation, with both sides exchanging views on expanding cooperation in the peaceful uses of nuclear energy, focusing on nuclear technology, joint projects in related industries, and energy security cooperation. The Japanese delegation comprised representatives from Japan's Ministry of Economy, Trade and Industry (METI), the Japan Organization for Metals and Energy Security (JOGMEC), and ITOCHU Corporation, led by Abe Yoshimitsu, Deputy Director of the Nuclear Energy International Cooperation Office at METI. During the talks, both sides explored possibilities for advancing cooperation in nuclear technology applications, collaboration in related industries, and experience exchange. The Japanese side expressed its willingness to continue dialogue with Uzbekistan in the peaceful uses of nuclear energy on the basis of mutual respect and common interests, and to promote practical cooperation. The Atomic Energy Agency of Uzbekistan (Uzatom) stated that it would continue to expand international cooperation with countries and organizations possessing experience in the peaceful application of nuclear technology. Uzbekistan and Japan already have a foundation for cooperation in the nuclear energy and uranium resource sectors. ITOCHU Corporation previously signed a uranium concentrate supply agreement with Navoi Mining and Metallurgy Combinat, and JOGMEC has also been involved in the development of uranium deposits in Uzbekistan. In December 2025, during Uzbek President Shavkat Mirziyoyev's visit to Japan, both sides confirmed directions for expanding cooperation, including the export of critical minerals and the introduction of advanced technologies. The current talks continue the momentum of bilateral cooperation in the energy and resource sectors.

2026-08-14

Construction Advances at Denison's Phoenix Uranium Project in Canada

Denison Mines Corp. of Canada recently filed its quarterly and semi-annual financial documents for the period ending June 30, 2026, and disclosed the latest progress on its Phoenix uranium project construction, uranium sales, and exploration activities. According to the company's disclosure, site preparation work has continued to advance since on-site construction commenced at the Phoenix project in March 2026. To date, more than 20% of the site civil works have been completed, with roadbed civil works for the process plant and wellfield areas nearing full completion. Construction management facilities and temporary camp facilities have also been installed and put into operation. With the temporary camp now in service, accommodation capacity at the Wheeler River project site has increased to nearly 400 people, providing conditions for a larger construction workforce in the coming phases. Denison stated...

2026-08-13

Dong Baotong, Director of the National Nuclear Safety Administration: China's nuclear safety level remains among the top internationally, and during the "15th Five-Year Plan" period, the number of operating nuclear power units in China will rank first in the world

The State Council Information Office held a series of press conferences on August 13 themed "Starting the '15th Five-Year Plan' with a Strong Beginning," introducing the progress of comprehensively advancing the construction of a Beautiful China. Dong Baotong, Vice Minister of Ecology and Environment and Director of the National Nuclear Safety Administration, stated at the conference that ecological environment safety encompasses several key aspects, including ecological security, nuclear safety, and environmental risk prevention and control. The Ministry of Ecology and Environment serves as the lead coordinating body for both the national ecological security work coordination mechanism and the nuclear safety work coordination mechanism. Over the years, together with relevant departments, we have actively responded to various risks and challenges, effectively safeguarding the bottom line of ecological environment safety. Among these, in the area of nuclear safety, we have consolidated the primary responsibility of nuclear facility operators...

2026-08-13