Nuclear fission

Demand Booming as Global Uranium Mining Market Expected To Reach $11.3 Billion By 2030

Retrieved on: 
Wednesday, February 21, 2024
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It also said that the global uranium mining market is expected to reach US$ 11,388.3 million by 2030, with an annual growth rate of more than 5.0%.

Key Points: 
  • It also said that the global uranium mining market is expected to reach US$ 11,388.3 million by 2030, with an annual growth rate of more than 5.0%.
  • The uranium mining market is estimated to be 53.0 thousand tons (kt) in 2023.
  • The report added: “Uranium mining is the extraction of uranium ore from the ground for use in nuclear power plants and the development of nuclear weapons.
  • Based on the mining method, the open-pit mining segment is the most common method of uranium mining, accounting for over 90% of global uranium production in 2022.

Nuclear Power Plant Construction Boom Fueling Billion Dollar Growth for Uranium Market

Retrieved on: 
Wednesday, January 31, 2024
Lithium, Environmental impact assessment, FS, UEC, News, Powder River Basin, Exercise, Register, TSX, Form, Indian stock exchange, Engineering, PALM, Carbon, Nuclear fission, PLS, Bed size, OTCQX, Growth, Void coefficient, Environmental impact statement, Government, Research, Agent, The Red Bed, Agreement, Good, AS350, TSX Venture Exchange, DNN, Feasibility study, Uranium, NXE, ISR, EIS, Denison Mines, NexGen, Environmental issues, STUD, Luce Irigaray, Mining, Sale, UXC, Electricity, Detailed engineering, Uranium mining

The main types of uranium ore are granite-type uranium deposits, volcanic-type uranium deposits, sandstone-type uranium deposits, and carbonate-siliceous-pelitic rock-type uranium deposits.

Key Points: 
  • The main types of uranium ore are granite-type uranium deposits, volcanic-type uranium deposits, sandstone-type uranium deposits, and carbonate-siliceous-pelitic rock-type uranium deposits.
  • It will grow from $1.11 billion in 2023 to $1.21 billion in 2024 at a compound annual growth rate (CAGR) of 9.5%.
  • The growth in the historic period can be attributed to the nuclear power plant construction boom, the cold war and military demand, the Chernobyl and three-mile island incidents, global economic trends, and changes in the regulatory environment.
  • Business Research concluded: “Rising nuclear fuel consumption is expected to propel the growth of the uranium ore market going forward.

Uranium Mining Market Performance Booming as Demand Skyrockets, Projected to Reach $11 Billion

Retrieved on: 
Wednesday, January 17, 2024
Probability, UXC, Mergers and acquisitions, Luce Irigaray, Federal, Power plant engineering, Sale, Carbon, TSX Venture Exchange, NXE, Soil, Growth, FUU, Void coefficient, PLN, Spin-off (media), UEC, Mining, Environment, ISR, Murphy Lake, Indian stock exchange, PALM, Athabasca, STUD, Arrangement, CFT, Powder River Basin, Conventional weapon, TSX, Water, Nuclear energy, Nuclear fission, SASK, Agent, OTCQB, Canada Business Corporations Act, Stallion, Broach, News, Arrow, Uranium mining

The construction and expansion of nuclear power plants lead to increased uranium demand, driving uranium mining activities.

Key Points: 
  • The construction and expansion of nuclear power plants lead to increased uranium demand, driving uranium mining activities.
  • The report says: “The global uranium mining market is expected to reach US$ 11,388.3 million by 2030, with an annual growth rate of more than 5.0%.
  • The uranium mining market is estimated to be 53.0 thousand tons (kt) in 2023.
  • Based on the mining method, the open-pit mining segment is the most common method of uranium mining, accounting for over 90% of global uranium production in 2022.

Press release - MEPs back plans to boost Europe's Net-Zero technology production

Retrieved on: 
Thursday, October 26, 2023
Zero, Parliament, Research, Universities Canada, Inuit Tapiriit Kanatami v Parliament and Council, Act, Strategic technology plan, Worker standards board, EPP, DE, National Energy Technology Laboratory, Legislation, Energy, Nuclear fission, German Banking Industry Committee, European Parliament Committee on Industry, Research and Energy, Member of the European Parliament, Adoption, STEP, CO2, House, Collection, ETS, United States Air Force Scientific Advisory Board, Renewable energy, Industry, EU

In their amendments, MEPs broadened the scope of the draft legislation to encompass the entire supply chain, including components, materials, and machinery for producing net-zero technologies.

Key Points: 
  • In their amendments, MEPs broadened the scope of the draft legislation to encompass the entire supply chain, including components, materials, and machinery for producing net-zero technologies.
  • Notably, MEPs included nuclear fission and fusion technologies, sustainable aviation fuels (SAFs), and specific industrial technologies.
  • Net-zero industry valleys
    The law retains two project classifications: net-zero technology manufacturing projects and net-zero strategic projects.
  • Quote
    "With the adoption of this proposal, MEPs are showing they are serious about making Europe fit for industrial manufacturing.

TAE Technologies applauds California's landmark fusion energy bill

Retrieved on: 
Thursday, October 12, 2023
Assembly, Nuclear Regulatory Commission, California Energy Commission, International Atomic Energy Agency, TAE Technologies, Neutron, Weather, TAE, Safety, Season, State, Electricity, System, Nuclear fission, Legislation, Lawrence Livermore National Laboratory, Policy, Nuclear energy, City, Hand, Research, Coal, Senate, Renewable energy, Lithium, Nicolaus Copernicus

Home to innovators and fusion pioneer TAE Technologies, the bill's signing makes California the first U.S. state to enshrine in law the fundamental distinction between fusion energy and traditional nuclear fission.

Key Points: 
  • Home to innovators and fusion pioneer TAE Technologies, the bill's signing makes California the first U.S. state to enshrine in law the fundamental distinction between fusion energy and traditional nuclear fission.
  • Fusion energy development presents an opportunity to further promote California's workforce development within the renewable energy sector," the legislation states .
  • As the nation's first private company to pursue the commercialization of fusion energy, Southern California-based TAE Technologies applauds this legislation's passage (with unanimous support in both chambers), not only for its recognition of fusion energy's potential contributions to providing clean energy, but for recognizing that this groundbreaking industry requires bespoke regulation.
  • Assembly Bill 1172 requires the California Energy Commission to identify all needed regulatory and policy actions to incorporate fusion into the state's energy system.

TAE Technologies applauds California's landmark fusion energy bill

Retrieved on: 
Thursday, October 12, 2023
Assembly, Nuclear Regulatory Commission, California Energy Commission, International Atomic Energy Agency, TAE Technologies, Neutron, Weather, TAE, Safety, Season, State, Electricity, System, Nuclear fission, Legislation, Lawrence Livermore National Laboratory, Policy, Nuclear energy, City, Hand, Research, Coal, Senate, Renewable energy, Lithium, Nicolaus Copernicus

Home to innovators and fusion pioneer TAE Technologies, the bill's signing makes California the first U.S. state to enshrine in law the fundamental distinction between fusion energy and traditional nuclear fission.

Key Points: 
  • Home to innovators and fusion pioneer TAE Technologies, the bill's signing makes California the first U.S. state to enshrine in law the fundamental distinction between fusion energy and traditional nuclear fission.
  • Fusion energy development presents an opportunity to further promote California's workforce development within the renewable energy sector," the legislation states .
  • As the nation's first private company to pursue the commercialization of fusion energy, Southern California-based TAE Technologies applauds this legislation's passage (with unanimous support in both chambers), not only for its recognition of fusion energy's potential contributions to providing clean energy, but for recognizing that this groundbreaking industry requires bespoke regulation.
  • Assembly Bill 1172 requires the California Energy Commission to identify all needed regulatory and policy actions to incorporate fusion into the state's energy system.

Science Table by Anatomage Brings Real Learning Experiences through Virtual Experiments

Retrieved on: 
Tuesday, October 3, 2023
Lithium, Simulation, Nuclear fission, Learning, Science, Student, Accident, Life, Selection, IB, Light, AP, Eye color, Chemistry, Genetics, NGSS, Diving, Battery, Physics, STEM, Biology, PCR, Autosome, Injury, Tutoring, Nursing

SANTA CLARA, Calif., Oct. 3, 2023 /PRNewswire/ -- Anatomage Inc, an education technology company, today released Science Table by Anatomage, a digital laboratory platform that enables students to perform virtual scientific experiments on a large scale 7 foot-long touch-screen table.

Key Points: 
  • Science Table by Anatomage inspires the next generation of learners with its 60+ virtual experiments in biology, chemistry, and physics.
  • With this in mind, Science Table by Anatomage experiments feature striking visuals bringing real-world examples into the laboratory activities.
  • To enhance student learning experiences, the Science Table by Anatomage platform makes lab experiments - integral to science learning - both safe and odorless, removing risks associated with chemical and biological hazards.
  • Reimagine your science classroom and bring STEM to life with Science Table by Anatomage's virtual experiments.

Lost Women of Science Podcast Reveals the Untold Story of Why Physicist Lise Meitner Was Denied the Nobel Prize for Her Pioneering Work on Splitting the Atom

Retrieved on: 
Thursday, September 7, 2023
Nazism, Nuclear fission, Nobel Prize, Biography, Manhattan Project, Religion, Life, Island of Lost Women, Human, World War II, SAN, Translation, Nobel, ARD International Music Competition, Female, Pharmaceutical industry, Palladium, Science

SAN FRANCISCO, Sept. 7, 2023 /PRNewswire/ -- New translations of hundreds of letters explain, in a two-part episode of Lost Women of Science, why physicist Lise Meitner was not awarded the Nobel Prize in 1944 for splitting the atom. Instead, it was given to her long-time collaborator, chemist Otto Hahn.

Key Points: 
  • For her recent biography The Woman Who Split the Atom: The Life of Lise Meitner , author Marissa Moss translated letters between Meitner and Hahn written during and after World War II.
  • They strongly suggest that Hahn did not fully understand the results of his own work, relying heavily on Meitner to interpret his experiments.
  • Through these exchanges, Meitner and Frisch conclude that Hahn sought to protect his reputation with the Nazis because Meitner was Jewish.
  • Meitner was also an early opponent of atomic weapons and refused an invitation to join J. Robert Oppenheimer's Manhattan Project.

Former CEO of UKAEA, Norman Harrison, Joins General Fusion’s Board of Directors

Retrieved on: 
Wednesday, September 6, 2023
Nuclear fission, UK Atomic Energy Authority Constabulary, Electricity, Magnetized target fusion, MTF, Research, General Fusion, Joint European Torus, JET, UKAEA, Lithium, 3D printing

RICHMOND, British Columbia, Sept. 06, 2023 (GLOBE NEWSWIRE) -- Today, General Fusion announced the appointment of Norman Harrison to its Board of Directors.

Key Points: 
  • RICHMOND, British Columbia, Sept. 06, 2023 (GLOBE NEWSWIRE) -- Today, General Fusion announced the appointment of Norman Harrison to its Board of Directors.
  • Norman’s expertise will support General Fusion as the company completes its Magnetized Target Fusion (MTF) demonstration, LM26 , at its Canadian headquarters.
  • General Fusion’s unique technology stands out and has exciting promise to put fusion energy onto the electricity grid,” said Norman Harrison.
  • “We look forward to working with him as General Fusion transforms the commercial power industry with reliable fusion power.”

Jacobs Awarded Equipment Installation Contract at UK Nuclear Research Laboratory

Retrieved on: 
Tuesday, July 18, 2023
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DALLAS, July 18, 2023 /PRNewswire/ -- Jacobs (NYSE:J) was selected by the U.K.'s National Nuclear Laboratory (NNL) to manage the acquisition of more than 100 new remotely operated manipulator robots for its Windscale Laboratory in West Cumbria, England.

Key Points: 
  • "Building on 15 years of supporting the NNL mission, this important project will help us continue pushing the boundaries of robotics in nuclear research," said Jacobs Energy, Security & Technology Senior Vice President Karen Wiemelt.
  • "With our successful experience in remote handling projects , we can deliver facilities that improve NNL's nuclear research capabilities and support the U.K.'s energy transition and net zero carbon objectives."
  • Jacobs is also carrying out major refurbishments of NNL's four main research laboratories in the North West of England.
  • "Our Windscale Laboratory is unique in the U.K., and vital to the nuclear industry, supporting our customers to ensure continued safe running of our nation's nuclear reactors," said NNL's Chief Customer Officer Nick Hanigan.