Enriched uranium

BWXT Subsidiary Awarded $122 Million Contract Extension for Uranium Downblending Services

Retrieved on: 
Wednesday, February 14, 2024
Aerospace, Manufacturing, Other Energy, Nuclear, Utilities, Other Defense, Defense, Alternative Energy, Contracts, Energy, Engineering, LEU, TVA, Tennessee Valley, Uranium, BWX Technologies, Form 10-K, BWXT, HEU, Annual report, Government, NNSA, Enriched uranium, NFS, Unitary state, Security (finance), Risk, Uranium mining

BWX Technologies, Inc. (NYSE: BWXT) today announced that its Nuclear Fuel Services, Inc. (NFS) subsidiary was awarded a $122 million contract extension from the Tennessee Valley Authority (TVA) for the downblending of highly enriched uranium (HEU) into low enriched uranium (LEU).

Key Points: 
  • BWX Technologies, Inc. (NYSE: BWXT) today announced that its Nuclear Fuel Services, Inc. (NFS) subsidiary was awarded a $122 million contract extension from the Tennessee Valley Authority (TVA) for the downblending of highly enriched uranium (HEU) into low enriched uranium (LEU).
  • Under this contract, NFS will continue to provide downblending services to the TVA in support of the National Nuclear Security Administration’s (NNSA) defense programs objectives.
  • This contract extension continues the current downblending operations from July 2025 to June 2027.
  • “This contract extension also enables operations and engineering continuity with our uranium conversion and purification contract with NNSA.”
    Downblending is a process in which HEU is mixed with natural uranium resulting in LEU needed for various commercial and national defense purposes.

Uranium3o8 launches to the public, forever changing how uranium is traded, bought, and sold

Retrieved on: 
Tuesday, November 21, 2023
Human, Carbon, Negotiation, Climate change, Uranium, RFQ beam cooler, Risk, History, Enriched uranium, Mining, Nuclear energy, Movement, RFP, Person, Communication, U, Cryptocurrency, Uranium mining, The Bahamas, Uniswap

"Uranium markets are ripe for innovation," said Ryan Gorman, head of strategy for Uranium3o8.

Key Points: 
  • "Uranium markets are ripe for innovation," said Ryan Gorman, head of strategy for Uranium3o8.
  • Demand for uranium is growing rapidly, and is expected to keep rising over the next several decades.
  • Redemptions of uranium must meet strict regulatory requirements and are at the sole discretion of our resource partner, Madison Metals.
  • Uranium3o8 makes no representations, nor could it, regarding a $U holders' ability to redeem the token for uranium.

Curium’s Customers to Benefit From Mo-99 Production Restart

Retrieved on: 
Wednesday, November 23, 2022
Curium, HFR, Diagnosis, Nuclear medicine, Molybdenum, Hospital, Patient, Maintenance, HEU, Enriched uranium, Thallium, LEU, Isotopes of molybdenum, SPECT, Investment, Uranium, Medical imaging

Re-establishing a reliable supply of Mo-99 is critically important for the 40 million patients a year who undergo Tc-99m based SPECT scans to diagnose life-critical diseases.

Key Points: 
  • Re-establishing a reliable supply of Mo-99 is critically important for the 40 million patients a year who undergo Tc-99m based SPECT scans to diagnose life-critical diseases.
  • To address this supply shortage, Curium was forced to reroute, adjust, and in some cases postpone customer orders, with production capacity for some cyclotron products such as Thallium pushed to its maximum, and Curiums PET Europe business unit supporting with additional capacity where possible (e.g.
  • Providing additional generators over the coming weeks to help decrease the patient backlog that may have built up in November.
  • While this scheduling ensures the best possible coverage for the reliable production of these radionuclides, it cannot predict unplanned outages.

Nuclear Medicine Outlook: Proven Molybdenum-99 Supply Chain Reliability and New Planned Capacity Continue to Benefit Patients

Retrieved on: 
Tuesday, November 8, 2022
Enriched uranium, GLOBE, Hospital, Molybdenum, BR2, Investment, Uranium, HEU, Nuclear medicine, HFR, Diagnosis, SPECT, Risk-based testing, NTP, LEU, Maintenance, Patient, Industry, SAFARI, Renewable energy, Animal, Oil, PALLAS, Health

This shortage will also impact Xe-133, and to some extent I-131.

Key Points: 
  • This shortage will also impact Xe-133, and to some extent I-131.
  • Despite the industrys robust supply chain security programs in place, the shortage in November is a result of planned outages and unscheduled maintenance programs at individual facilities that unfortunately have overlapped in November.
  • While this scheduling ensures the best possible coverage for the reliable production of these radionuclides, it cannot predict unplanned outages.
  • This shortage of Mo-99 follows more than ten years of Mo-99 supply chain resilience with longer-term initiatives in place and investments to ensure a reliable supply of Mo-99 for hospitals and nuclear pharmacies ultimately serving the patients awaiting diagnosis.

CNL Employees Recognized With John S. Hewitt Team Achievement Award

Retrieved on: 
Monday, June 13, 2022
U.S. Department of Defense Strategy for Operating in Cyberspace, Atomic energy, HEU, Goal, Research, Transport, Enriched uranium, AECL, Safety, Chalk River Laboratories, TRM, CNL, CEO, Canadian Nuclear Society, DOE, Atomic Energy of Canada Limited, Solution, Investment, Royal, Royal Military College of Canada, SLOWPOKE, Student, GLOBE, Uranium, Technology, Safe, National Nuclear Laboratory, CNA, World Nuclear Association, Canadian Nuclear Safety Commission, CNS, Government of Canada, Canadian Nuclear Association, RMC, Rare-earth element, Renewable energy, Medicine

CHALK RIVER, Ontario, June 13, 2022 (GLOBE NEWSWIRE) -- Canadian Nuclear Laboratories (CNL), Canadas premier nuclear science and technology organization, is pleased to announce that several members of its team have been recognized with the 2022 John S. Hewitt Team Achievement Award.

Key Points: 
  • CHALK RIVER, Ontario, June 13, 2022 (GLOBE NEWSWIRE) -- Canadian Nuclear Laboratories (CNL), Canadas premier nuclear science and technology organization, is pleased to announce that several members of its team have been recognized with the 2022 John S. Hewitt Team Achievement Award.
  • Our employees contributions to Canadas nuclear field are truly commendable, and these two projects are no exception, said Joe McBrearty, CNL President & CEO.
  • The reactor was re-commissioned by CNL on September 10, 2021, after a three-year process that saw the replacement of its spent core by a multi-disciplinary team of CNL employees.
  • For more information on the 2022 John S. Hewitt Team Achievement Award, please visit: https://www.cns-snc.ca/about-cns/honours-and-awards/john-s-hewitt-team-a... .

NRC Approves Centrus Energy's License Amendment for HALEU Production

Retrieved on: 
Monday, June 14, 2021
Nuclear technology, Nuclear physics, Nuclear technology in the United States, Centrus Energy, Leu, Isotope separation, Nuclear energy in the United States, Nuclear history of the United States, Enriched uranium, Piketon, Ohio, Nuclear Regulatory Commission, Portsmouth Gaseous Diffusion Plant

BETHESDA, Md., June 14, 2021 /PRNewswire/ --Centrus Energy Corp. (NYSE American: LEU) today announced that the U.S. Nuclear Regulatory Commission (NRC) approved the Company's license amendment request to produce High-Assay, Low-Enriched Uranium (HALEU) at the Piketon, Ohio, enrichment facility.

Key Points: 
  • BETHESDA, Md., June 14, 2021 /PRNewswire/ --Centrus Energy Corp. (NYSE American: LEU) today announced that the U.S. Nuclear Regulatory Commission (NRC) approved the Company's license amendment request to produce High-Assay, Low-Enriched Uranium (HALEU) at the Piketon, Ohio, enrichment facility.
  • "This approval is a major milestone in our contract with the Department of Energy," said Daniel B. Poneman, Centrus President and CEO.
  • "We appreciate the dedicated and rigorous work of the NRC staff and Commissioners in their review and approval of our license amendment request."
  • Under a 2019 contract with the U.S. Department of Energy's Office of Nuclear Energy, Centrus is constructing a cascade of sixteen AC100M centrifuges a U.S.-origin technology to demonstrate production of HALEU.

BWXT Awarded $35 Million in Uranium Processing and Research Reactor Fuel Contracts

Retrieved on: 
Thursday, March 11, 2021
Research, Technology, Contracts, Other Technology, Aerospace, Manufacturing, Energy, Nuclear, Science, Defense, Nuclear technology, Nuclear physics, Nuclear fuels, Uranium, BWX Technologies, Lynchburg, Virginia, Nuclear materials, Enriched uranium, Research reactor, Natural uranium

BWX Technologies, Inc. (NYSE: BWXT) announced today that its BWXT Nuclear Operations Group, Inc. (BWXT NOG) subsidiary has been awarded a total of $35 million in contracts under two separate programs uranium recovery and conversion as well as construction of a new research reactor fuel line.

Key Points: 
  • BWX Technologies, Inc. (NYSE: BWXT) announced today that its BWXT Nuclear Operations Group, Inc. (BWXT NOG) subsidiary has been awarded a total of $35 million in contracts under two separate programs uranium recovery and conversion as well as construction of a new research reactor fuel line.
  • Naval Nuclear Propulsion Program has awarded BWXT NOG a $17.4 million contract for uranium recovery and conversion.
  • The contract funds the repurposing of a portion of the Lynchburg uranium processing facility to be used to manufacture uranium-molybdenum alloy High Assay Low Enriched Uranium (U-Mo HALEU) fuel.
  • This fuel will facilitate conversion of high-performance U.S. research reactors that currently use high enriched uranium.

BWXT Subsidiary Awarded $57.5 Million Contract to Prepare for Uranium Conversion and Purification Services

Retrieved on: 
Monday, March 1, 2021
Nuclear, Energy, Nuclear technology, Uranium, Nuclear physics, Nuclear fuels, Nuclear Fuel Services, Nuclear technology in the United States, Nuclear materials, BWX Technologies, Enriched uranium, National Nuclear Security Administration, Depleted uranium

BWX Technologies, Inc. (NYSE: BWXT) announced today that its Nuclear Fuel Services, Inc. (NFS) subsidiary has received a $57.5 million contract from the National Nuclear Security Administration (NNSA) to prepare for future highly enriched uranium (HEU) conversion and purification services.

Key Points: 
  • BWX Technologies, Inc. (NYSE: BWXT) announced today that its Nuclear Fuel Services, Inc. (NFS) subsidiary has received a $57.5 million contract from the National Nuclear Security Administration (NNSA) to prepare for future highly enriched uranium (HEU) conversion and purification services.
  • Under this contract, NFS will provide a final design and pilot process demonstration using natural or depleted uranium (DU) to convert oxide to purified HEU metal.
  • Because NNSA needs a bridging capability for conversion of oxide to purified HEU metal, NFS will design a process that could provide uranium purification and conversion services during the bridge period until the Y-12 National Security Complex re-establishes a future oxide conversion capability.
  • In that announcement, NNSA stated, To support its full range of mission needs, the NNSAs Uranium Program Office is seeking an industry partner to provide Uranium purification capabilities.

CNL Completes Repatriation of HEU Target Residue Material to United States

Retrieved on: 
Monday, January 25, 2021
Nuclear technology, Nuclear physics, Nuclear reactors, Atomic Energy of Canada Limited, Neutron, Research reactor, Enriched uranium, Chalk River Laboratories

CHALK RIVER, Ontario, Jan. 25, 2021 (GLOBE NEWSWIRE) -- Canadian Nuclear Laboratories (CNL), Canadas premier nuclear science and technology organization, is pleased to announce that it has safely completed all shipments of Highly Enriched Uranium (HEU) Target Residue Material (TRM) from Canada to United States, bringing its TRM Repatriation Project to a safe and successful conclusion.

Key Points: 
  • CHALK RIVER, Ontario, Jan. 25, 2021 (GLOBE NEWSWIRE) -- Canadian Nuclear Laboratories (CNL), Canadas premier nuclear science and technology organization, is pleased to announce that it has safely completed all shipments of Highly Enriched Uranium (HEU) Target Residue Material (TRM) from Canada to United States, bringing its TRM Repatriation Project to a safe and successful conclusion.
  • Along with CNLs HEU Fuel Repatriation Project, which was safely concluded in 2019, the completion of the TRM Repatriation Project officially fulfills Canadas commitments under the U.S.-Origin Foreign Research Reactor Spent Nuclear Fuel Acceptance Program.
  • Congratulations to everyone involved in this incredible achievement, including our partners in the United States.
  • HEU TRM is one of the by-products of Molybdenum-99, a medical isotope that was previously produced at the Chalk River Laboratories.

President Trump Announces that the Significant Challenges Facing U.S. Uranium Mining Are a National Security Issue

Retrieved on: 
Saturday, July 13, 2019
Nuclear technology, Nuclear fuels, Physical sciences, Universe, Nuclear materials, Actinides, Uranium, Nuclear power, Enriched uranium, Peak uranium, Nuclear program of Iran

We commend President Trump for recognizing the significant challenges facing the American uranium mining industry.

Key Points: 
  • We commend President Trump for recognizing the significant challenges facing the American uranium mining industry.
  • The American uranium mining industry will produce less than 1 percent of the uranium needed to fuel U.S. nuclear power plants this year.
  • The only domestic uranium conversion facility in the U.S. shut down in 2017, and we lack any domestic uranium enrichment capability for national security applications.
  • The Trump administration has identified uranium as critical to the nation's security and economic prosperity, but the U.S. overwhelmingly relies on imported uranium.