Rio Tinto Underlines Australia's Opportunity For Uranium
02 February 2007
Source Reliability 7.5
-TomRio Tinto Underlines Australia's Opportunity For Uranium
02 February 2007
Source Reliability 7.5
-TomDocuments and interviews show that one of the first things energy officials did, after restructuring its program to retrieve bomb fuel, was to make their job easier: They quit trying to remove bomb fuel from eight reactors that proved to be difficult cases, including one in Russia using four nuclear bombs' worth of fuel a year. In all, the Bush administration is trying to remove weapons-grade fuel from 60 research reactors worldwide, often speaking of this list as if it were complete. However there are at least 41 more reactors using highly enriched uranium fuel that the U.S. is not addressing.
Only 7 percent of the known quantities of U.S.-supplied spent fuel has been shipped back to America. Eighteen tons remain spread worldwide. Much of that fuel is in Europe and other parts of the developed world, but experts say the material is a potential threat no matter where it is.
The week of 21 January 2007 provided a fresh reminder. Georgian authorities disclosed they caught a man trying to sell highly enriched uranium he had hidden in plastic bags inside his pocket.
He came from the nation with the largest supply of vulnerable bomb fuel: Russia. Source: chicagotribune.com
29 January 2007
REUTERS (NEW YORK) -- Public Service Enterprise Group Inc.'s (PSEG) will shut down its 1,049-megawatt
http://tinyurl.com/3e552j
Source Reliability: 9
-Ryan
Renova And Tekhsnabexport Team Up With Uranium
22 January 2007
KOMMERSANT (MOSCOW)— Viktor Vekselberg's Renova Group and OAO Tekhsnabexport (TENEX) on Friday 19 January 2007 announced a joint venture to conduct uranium exploration and production in South Africa, Namibia and Gabon. Renova partner Mark Buzuk told Kommersant that the venture may later extend to the Dordon-Aimak and Gurvan-Bulag deposits in Mongolia. An industry source said that Renova may receive up to a 50-percent share in the African joint ventures with Tekhsnabexport, the latter’s first deal with another Russian firm and the most lucrative for a partner since a 25-percent deal with the Japanese firm Mitsui. Buzuk told Kommersant that Renova would completely finance the project, adding that Tekhsnabexport would handle sales of uranium, while Renova would have the right to sell accompanying metals, such as gold. Kommersant quoted unnamed analysts as applauding Renova’s uranium deal, where profitability can reach 80 percent. Source: http://www.kommersant.com/p735629/Renova_Tekhsnabexport_uranium/
Source Reliability: 7.5
Comment: Tekhsnabexport has not indicated any plans over processing the fuel at conversion facility at