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Uranium enrichment services provider Urenco has broken ground on an expansion of its plant in Almelo in the Netherlands. The move came as the company signed a new long-term supply contract with Korea Hydro & Nuclear Power.
Ontario Power Generation has selected suppliers Cameco, Urenco USA, Orano and Global Nuclear Fuel-Americas for the first fuel contracts for its planned small modular reactor units at the Darlington New Nuclear Project, while TerraPower and uranium producer Uranium Energy Corp are to work together on the fuel supply chain ahead of the construction of the first-of-a-kind Natrium plant.
Key players from the front end of the fuel cycle came together at World Nuclear Symposium 2022 to discuss where they see the pinch points in meeting the needs of expanding nuclear generating capacity to meet decarbonisation goals, and the certainty they need to ensure future needs can be met.