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French state bailout may not remedy Areva nuclear woes

Location:

FRANCE

The deal, which values Areva NP at 2.7 billion euros (3 billion dollars), is in effect a bailout designed to secure the survival of Areva and the French nuclear supply chain.

Geopolitical tensions cloud uranium market

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INTERNATIONAL

Uranium prices initially reacted strongly to Russia’s February invasion of Ukraine, rising briefly above USD60 per pound (0.45 kilogram) earlier this year before settling at…

Romania will boost its nuclear industry

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ROMANIA

The two reactors will add 1,440 megawatt (MW) capacity to the Romanian grid. The upgrade, and associated development of domestic nuclear fuels and waste management, promises to…

India-Japan ties will grow despite bullet train delay

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INDIA/JAPAN

India's first bullet train and India-Japan relations.

There is no easy solution to Cuba’s fuel challenges

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CUBA

Cuba's energy troubles.

Russia will build nuclear power plant in Uzbekistan

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UZBEKISTAN

UZBEKISTAN: Russia will build nuclear power plant

Russian exports of nuclear power plants will grow

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RUSSIA

RUSSIA: Exports of nuclear power plants will grow

Russia’s Rosatom will be a target for more sanctions

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RUSSIA

On May 13, US President Joe Biden signed a bipartisan draft bill called the Prohibiting Russian Uranium Imports Act (PRUIA). The bill ends Washington’s historical dependence on…

Trade will tighten Gulf-South Korea relations

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GULF STATES/SOUTH KOREA

Previously, in December 2023, South Korea signed a landmark free trade agreement (FTA) with the six-nation Gulf Cooperation Council (GCC), only the bloc’s second with a major…

Demand for uranium will continue to outpace supply

Location:

INTERNATIONAL

Two trends are driving the price rise: the planned increase in global nuclear capacity, led by China; and Western states' efforts to reduce their dependence on Russia, which…