Fission uranium corp finances3/20/2023 "This is the largest, near-surface, high-grade basement rock-only uranium project in the Athabasca Basin," McElroy says. ![]() The deposit is at shallow depths of 50-300m and the competent basement rock is less technically challenging to mine than sandstone, making for lower operating costs and technical risks. Triple R was discovered in the basement rock outside the basin. Previously, major uranium deposits, including McArthur River and Cigar Lake, had been made in the unconformity, the region where the basin's crystalline basement rock and the sandstone on top of it meet. The first discovery made by the McElroy-led team, the J-Zone at Waterbury Lake, led to Fission Energy's acquisition by Denison Mines in March 2013, and the company's non-core assets being spun off into Fission Uranium. Having worked for junior mining firms during the uranium boom of 2004, he joined Fission Energy, as it was then called, in 2007 to direct exploration at its early-stage projects. In the mid-1980s he worked for the crown-run Saskatchewan Mining Development Corporation, which went on to become publicly-traded Cameco, and he was part of the team that discovered McArthur River, the world's largest high-grade uranium deposit. It has now identified the coal-fired power plants at Dětmarovice and Tušimice as the preferred locations for its second and third SMRs.Ross McElroy, company president and CEO, Fission Uraniumįew mining professionals can compete with McElroy's pedigree in the basin. The Czech Republic's ČEZ's first small modular reactor project is to be near the Temelín nuclear power plant. ČEZ identifies two further preferred SMR sites The USA's Department of Energy, the UK's Nuclear Decommissioning Authority, Atomic Energy of Canada Ltd, the French Alternative Energies and Atomic Energy Commission and the French National Radioactive Waste Management Agency have pledged to develop "their long-standing collaboration on the successful decommissioning and remediation of legacy nuclear sites". US, UK, Canada and France collaborate on nuclear legacy sites The call came during an informal Council of Energy Ministers in Stockholm, Sweden, to discuss the energy market and energy supply, focusing on preparations for next winter and beyond. Materials science company Dow and X-energy have signed a joint development agreement to develop a four-unit Xe-100 high-temperature gas reactor facility at one of Dow's US Gulf Coast sites.ĮU energy ministers call for greater cooperation on nuclearĮnergy ministers from 11 EU member states have called for a strengthening of European cooperation in the field of nuclear energy. Rosatom's Director General Alexei Likhachev said, after talks with Turkey's energy minister Fatih Dönmez, that nuclear fuel would be delivered to Akkuyu this spring, with construction to be completed in the third quarter and then "proceed to commissioning".ĭow, X-energy SMR deployment project progresses Nuclear fuel to be delivered to Akkuyu 'this spring' The patented Optimized Segmentation process aims to reduce the volume of waste for disposal and the amount of segmentation work on the reactor structures. Orano Decommissioning Services has implemented an innovative method for dismantling of commercial and research nuclear reactors at the Crystal River unit 3 accelerated decommissioning project in Florida. New reactor dismantling technique used at Crystal River ![]() The aim is to allow decontamination of several square metres per hour. Tomsk Polytechnic University and TVEL have launched a project to use electric discharges to speed up the decontamination of radioactive concrete. ![]() TPU project to use electric discharge to decontaminate concrete Westinghouse Electric Company has signed a Memorandum of Understanding to initiate planning for the potential deployment of one or more of its AP1000 reactors at Bulgaria's Kozloduy nuclear power plant. Westinghouse signs MoU for AP1000 in Bulgaria Urenco USA, USNC in advanced reactor uranium supply 'first'Ī newly announced agreement under which Urenco USA will supply enriched uranium to Ultra Safe Nuclear Corporation to manufacture fuel for its Micro-Modular Reactor has been described by the companies as the first commercial supply of enriched uranium product for use in an advanced nuclear reactor anywhere in the world. Korea Hydro & Nuclear Power's APR1000 reactor design has been formally certified as compliant by the European Utility Requirements organisation - a technical advisory group for European utilities on nuclear power plants. South Korea's APR1000 certified for European use by EUR
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