Archive

Uranium Enrichment & Fuel Cycle

News on domestic uranium enrichment capacity — including HALEU supply and policy — fuel fabrication, and the broader nuclear fuel supply chain serving both existing and advanced reactors.

  • Centrus Chief Cites Oak Ridge D&D Contract as Sign of Diversification

    The $15 million contract Centrus Energy was awarded last month for decontamination and decommissioning (D&D) at the Energy Department’s Oak Ridge Reservation in Tennessee demonstrates the company is tapping new markets while riding out tough times in the nuclear fuel business, managers said Thursday. The work authorization to prepare the K-1600 facility at the East […]

  • BWXT, Centrus to Release Latest Earnings This Week

    Lynchburg, Va.-based BWX Technologies will issue its quarterly earnings report for the three months ended Sept. 30 after market close Tuesday, then will discuss the results in a conference call at 8:30 a.m. EST Wednesday. In August, BWX Technologies reported $439 million in revenue for the second quarter of 2018, a 7.1 percent uptick from […]

  • Wrap Up: Utah Panel Nixes EnergySolutions Exemption for Depleted Uranium Disposal

    A panel of the Utah Department of Environmental Quality on Thursday rejected a request for an exemption to state rules to enable EnergySolutions to move ahead with potential disposal of depleted uranium at its facility near the unincorporated community of Clive. The Waste Management and Radiation Control Board voted against the Salt Lake City-based nuclear […]

  • BWXT Subsidiary Gets $505M Contract to Downblend Uranium for NNSA Tritium Production

    Nuclear Fuel Services, of Erwin, Tenn., will downblend 20.2 metric tons of uranium needed to produce tritium for U.S. nuclear warheads under a roughly seven-year National Nuclear Security Administration (NNSA) contract worth $505 million, parent company BWX Technologies announced Friday. The NNSA needs to turn some of its stock of highly enriched uranium into low-enriched […]

  • NNSA Budget Slides Uranium Downblending Funds Into Tritium Program

    In a move first proposed by the Senate this summer, the final fiscal 2019 budget for the National Nuclear Security Administration (NNSA) moves funding for uranium downblending into the agency’s tritium sustainment account. The move was contrary to the Donald Trump administration’s request, which grouped money for uranium downblending under the NNSA domestic uranium enrichment […]

  • Wrap Up: Paducah Site Briefly Lost Power Saturday

    The Energy Department’s Paducah Site in Kentucky lost power for about three hours Saturday. A failed piece of electrical equipment caused one Tennessee Valley Authority power line to fall into other power lines that morning, Scott Brooks, a spokesman for the federal utility, said by email Wednesday. The TVA system provides electricity to the Paducah […]

  • Paducah Site Briefly Lost Power Saturday

    The Energy Department’s Paducah Site in Kentucky lost power for about three hours Saturday. A failed piece of electrical equipment caused one Tennessee Valley Authority power line to fall into other power lines that morning, Scott Brooks, a spokesman for the federal utility, said by email Wednesday. The TVA system provides electricity to the Paducah […]

  • NNSA Budget Slides Uranium Downblending Funds Into Tritium Program

    In a move first proposed by the Senate this summer, the final fiscal 2019 budget for the National Nuclear Security Administration (NNSA) would move funding for uranium downblending into the agency’s tritium sustainment account. The move was contrary to the Donald Trump administration’s request, which grouped money for uranium downblending under the NNSA domestic uranium […]

  • Conference Spending Bill Ends Uranium Barter Program for DOE Cleanup at Portsmouth

    The appropriations package agreed upon by a House-Senate conference committee this week makes it official: The Energy Department will not barter excess government uranium in fiscal 2019 to fund environmental remediation at the Portsmouth Site in Ohio. The multi-agency appropriations bill would provide $841 million for DOE’s Uranium Enrichment Decontamination and Decommissioning Fund, which pays […]

  • Centrus Winds Down Centrifuge Project D&D, Reports Higher Net Loss in 2Q

    Maryland-based nuclear fuel provider Centrus Energy is working toward termination of the Nuclear Regulatory Commission license for its American Centrifuge Lead Cascade demonstration project at the Department of Energy’s Portsmouth Site in Ohio. Most decontamination and decommissioning at the site was finished by June 30, Centrus said in a 10-Q quarterly report filed Thursday with […]

  • Orano Earnings Mixed for First Half of 2018

    French nuclear company Orano’s revenue dipped by nearly $100 million over the first half of 2018, while operating income posted a large gain even as net income fell even further into the red. The Paris-based nuclear fuel cycle specialist, part of what remains of the former AREVA, reported 1.71 billion euros ($1.99 billion) in revenue […]

  • Orano Earnings Mixed for First Half of 2018

    French nuclear company Orano’s revenue dipped by nearly $100 million over the first half of 2018, while operating income posted a large gain even as net income fell even further into the red. The Paris-based nuclear fuel cycle specialist, part of what remains of the former AREVA, reported 1.71 billion euros ($1.99 billion) in revenue […]

  • Orano to Begin Prepping Used Fuel Processing Facility in China

    French nuclear fuel company Orano said Monday it is moving ahead with operations to prepare for construction of a used nuclear fuel processing and recycling facility in China. Orano engineering subsidiary Orano Projets sealed a deal with China National Nuclear Corp. branch CNLA to move ahead with the work. The agreement “marks a new step […]

  • Senate Approps Bill Gets More Money for Nuclear Fuel Recycling, Isotope Production as Vote Nears

    By John Stang The Senate appears set to vote Monday on its version of a fiscal 2019 “minibus” appropriations bill that merges three funding measures covering the Department of Energy, Nuclear Regulatory Commission, and a number of other agencies. The upper chamber of Congress closed up shop for the week on Thursday, but not before scheduling […]

  • Senate Backs Nuclear Fuel, Isotope Production Amendments in Appropriations Bill

    Amendments added Wednesday to federal funding legislation being considered on the Senate floor would provide $35 million more for U.S. programs for production of a key medical isotope and recovery of usable nuclear reactor fuel from spent fuel. The measures are among more than 80 amendments submitted to the “minibus” appropriations bill covering energy and […]

  • International Isotopes’ Revenue, Earnings Spike in 1Q

    International Isotopes grew its sales by nearly $1 million in the first quarter of 2018, driving the company to positive net income after a decade of losses, according to the company’s May 18 10-Q filing with the U.S. Securities and Exchange Commission. Net income for the Idaho Falls, Idaho, nuclear medicine provider came in at […]

  • International Isotopes’ Revenue, Earnings Spike in 1Q

    International Isotopes grew its sales by nearly $1 million in the first quarter of 2018, driving the company to positive net income after a series of losses, according to the company’s 10-Q filing Friday with the U.S. Securities and Exchange Commission. Net income for the Idaho Falls, Idaho, nuclear medicine provider came in at $98,240 […]

  • Centrus Revenue Increases, Legal Fight With DOE Ends

    Centrus Energy reaped far more revenue in the first quarter of 2018 than it did during the same period of 2017, but still reported a net loss during for its latest earnings period. The Rockville, Md.-based uranium fuel provider reported $35.7 million in revenue for the first three months of 2018 compared to $7.2 million […]

  • Centrus Revenue Rises as Legal Fight With DOE Ends

    Centrus Energy reaped far more revenue in the first quarter of 2018 than it did during the same period of 2017, but still reported a net loss during for its latest earnings period. The Rockville, Md.-based uranium fuel provider reported $35.7 million in revenue for the first three months of 2018 compared to $7.2 million […]

  • Centrus Seeks Final NRC OK for Portsmouth Cascade Decommissioning Project

    Centrus Energy is asking the Nuclear Regulatory Commission (NRC) to amend its nuclear material license at the Energy Department’s Portsmouth Site in Ohio. The application was filed as the company is closing out decommissioning of its American Centrifuge uranium enrichment demonstration project. In a May 1 Federal Register notice, the NRC is seeking comments on […]

  • Centrus Files Final Portsmouth Cascade Decommissioning Paperwork with NRC

    Centrus Energy is asking the Nuclear Regulatory Commission (NRC) to amend a nuclear material license at the Energy Department’s Portsmouth Site in Ohio. The application was filed as the company is closing out decommissioning of its American Centrifuge uranium enrichment demonstration project. The nuclear material license was originally issued in February 2004 when Centrus (then […]

  • URENCO Uranium Enrichment Plant Gets Strong Marks in Latest NRC Review

    URENCO USA’s uranium enrichment plant in New Mexico passed the U.S. Nuclear Regulatory Commission’s latest performance review in all operational areas. The review covered safety, safeguards, radiological controls, facility support, and additional matters from Jan. 1, 2016, to Dec. 31, 2017, the agency said Wednesday in a press release. “The NRC staff review determined that […]

  • Judge Orders UPF Lawsuit Moved From D.C. Court

    Days after the Department of Energy (DOE) gave the go-ahead to start building key parts of a $6.5 billion facility to process uranium for U.S. defense programs, a federal judge ordered a venue change in a lawsuit aimed at stopping the plant’s construction. Three environmental groups and four individuals filed suit in July 2017 in […]

  • Uranium Casting Halted at Y-12

    The Y-12 National Security Complex had not cast any enriched uranium for national defense programs for about a week as of Friday, after an unspecified quantity of the fissile material leaked into casting machinery at the National Nuclear Security Administration plant in Oak Ridge, Tenn. Casting furnaces at Y-12’s 9212 building — operated by the […]

  • Judge Orders UPF Lawsuit Moved From D.C. Court

    Days after the Department of Energy (DOE) gave the go-ahead to start building key parts of a $6.5 billion facility to process uranium for U.S. defense programs, a federal judge ordered a venue change in a lawsuit aimed at stopping the plant’s construction. Three environmental groups and four individuals filed suit in July 2017 in […]

  • NNSA Green Lights Bulk of Construction on UPF

    The National Nuclear Security Administration gave Bechtel National the go-ahead to begin about $4 billion worth of construction on the Uranium Processing Facility in Oak Ridge, Tenn., marking the official start of the busiest, costliest years of the project to date. However, the agency still has not divulged the official cost and schedule estimate for […]

  • DOE Authorizes Construction Start on Keystone Next-Gen Uranium Plant

    The Department of Energy has authorized the start of construction on key parts of the Uranium Processing Facility at the Y-12 National Security Complex in Oak Ridge, Tenn.: a crucial cog in the government’s 30-year nuclear deterrent-modernization effort. In a Friday press release, DOE said it cleared its semi-autonomous National Nuclear Security Administration (NNSA) to […]

  • Perry Wants to Kill Uranium Barter in Near Term

    Energy Secretary Rick Perry told a Senate panel Tuesday he would like to end his agency’s uranium barter program, possibly as soon as fiscal 2019. Testifying before the Senate Energy and Natural Resources Committee on DOE’s $30.6 billion budget request for fiscal 2019, Perry said trading excess government uranium is a bad policy and should […]

  • Perry Says He Supports Ending DOE Uranium Barter

    U.S. Energy Secretary Rick Perry on Thursday expressed his opposition to continuing sales of excess government uranium to help finance cleanup of the Portsmouth Gaseous Diffusion Plant in Ohio, an issue that is holding up confirmation of Anne Marie White to head the Energy Department’s Office of Environmental Management. The topic came up in the […]

  • Centrus Almost Done with D&D for American Centrifuge Demonstration

    Centrus Energy is almost finished with decontamination and decommissioning of its American Centrifuge demonstration project at the Energy Department Portsmouth Site in Ohio, President and CEO Daniel Poneman said Thursday. “All the machines and plant equipment have been removed and are set for disposal, we have a few more limited tasks to wrap up,” Poneman […]