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14 April 2021 Share The business case behind the decision to restart the USA s only domestic uranium conversion facility announced earlier this year rested on suitable answers to several puzzle piece questions falling into place, ConverDyn s Malcolm Critchley told the World Nuclear Fuel Cycle forum yesterday. Puzzle pieces needed to come together for MTW restart (Image: Converdyn) Price had not been the only reason behind Honeywell s November 2017 decision to place its Metropolis Works (MTW) plant, which is in Illinois, on idle standby , Critchley said. An alarming picture of the nature of conversion supply was at that time beginning to emerge, with a significant overhang of secondary supplies making a temporary shutdown the best option. ....
Athabasca Uranium Junior Skyharbour Resources Well Positioned for Sector Liftoff Contributed Opinion Streetwise Reports (4/8/21) Skyharbour Resources CEO Jordan Trimble speaks with Peter Epstein of Epstein Research to discuss the uranium market and provide an update on his company s Canadian projects. Many uranium juniors have had nice share price gains over the past few months. This, despite the underlying spot uranium price being stuck around US$30/lb. The reason for the gains can be traced back to electricity consumption, which is poised to move a lot higher in coming decades as electrifying global modes of transportation really takes off. And of course, there s also the massive effort to decarbonize the planet s economies. With the possible exception of hydroelectric generation, nuclear energy is the only base load, low-emission, always on power source. ....
Uranium Energy Corp Establishes Physical Uranium Initiative and Provides Balance Sheet Update News provided by Share this article $65.8 million in cash and equity holdings; Establishing a physical uranium inventory to take advantage of spot purchases below most industry production costs, adding additional asset value to the balance sheet; Uranium inventory will provide greater marketing flexibility for utilities, while freeing up UEC s domestic mine production for the U.S. Uranium Reserve, and other U.S. origin specific opportunities; Entered into agreements totaling $10.9 million to purchase 400,000 pounds of uranium concentrates at ConverDyn in Metropolis, Illinois at a volume weighted average price of $27.29 per lb. U3O8; ....
Article The photography by Mary F. Calvert was supported by the Pulitzer Center and funding from the Lena Grant sponsored by HumanEYES USA and WPOW (Women Photojournalists of Washington) If, as widely expected, New Mexico Rep. Deb Haaland survives her U.S. Senate confirmation hearing Tuesday and is sworn in as secretary of the interior, she will make history as the first Native American ever to serve in a presidential Cabinet. But representation is only half the battle. From day one, Haaland will also be expected to address a festering backlog of problems left behind by predecessors who lacked her perspective as a citizen of the Laguna Pueblo, one of America’s 574 federally recognized tribes. ....
A $75 million fund for domestically mined uranium came after years of lobbying and campaign contributions from the industry, including Energy Fuels, which owns and runs the White Mesa mill in southeastern Utah. sltrib.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sltrib.com Daily Mail and Mail on Sunday newspapers.