Thursday, 21 November 2024

Focus on Orano SA

entrus Energy's Technology and Manufacturing Center in Oak Ridge, Tenn., Wednesday, Nov. 20, 2024, after the company announced an expansion of its production of centrifuges at the Tennessee facility to be used for to enrich uranium, which fuels nuclear power plants, at its operations in Piketon, Ohio. (AP Photo/Jonathan Mattise)
AnalysisBusinessCritical MineralsElectricityNuclear PowerPoliticsRegulationsSmall Modular Reactors

As US ramps up nuclear power, fuel supplier plans to enrich more uranium domestically

Centrus Energy's $60M Tennessee expansion boosts U.S. uranium enrichment amid nuclear power growth and reduced reliance on Russia.

ElectricityNewsNuclear PowerSmall Modular Reactors

Uranium prices jump after Russia restricts exports to US

Uranium prices gained on Friday after Russia imposed temporary restrictions on the export of enriched uranium to the United States.

FILE PHOTO: The logo of Stellantis is seen outside the company's building in Chartres-de-Bretagne near Rennes, France, September 20, 2024. REUTERS/Stephane Mahe/File Photo
BusinessCritical MineralsElectric Vehicles (EVs)ManufacturingNews

Stellantis and Orano drop planned JV to recycle electric car batteries

Automaker Stellantis and nuclear fuels firm Orano have dropped their planned joint venture to recycle electric car batteries.

FILE PHOTO: The logo of Orano is pictured at the World Nuclear Exhibition (WNE), the trade fair event for the global nuclear community in Villepinte near Paris, France, December 1, 2021. REUTERS/Benoit Tessier/File Photo
Critical MineralsEconomyNewsNuclear PowerPoliticsTrade

France’s Orano aims to enrich uranium in US in early 2030s, says executive

Orano plans to begin enriching uranium in a new U.S. plant by early 2030s, aiming to reduce reliance on Russian supplies.

FILE PHOTO: The logo of Orano is pictured at the World Nuclear Exhibition (WNE), the trade fair event for the global nuclear community in Villepinte near Paris, France, December 1, 2021. REUTERS/Benoit Tessier/File Photo
EconomyElectricityNewsNuclear PowerPolitics

France’s Orano selects Tennessee site to build uranium enrichment plant

Orano selects Oak Ridge, TN, for a U.S. uranium enrichment plant, reducing reliance on Russian uranium and creating 300+ jobs.

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