Margeau Valteau, intergovernmental affairs specialist with the NNSA's Office of Intergovernmental Affairs, said depending on how the demonstration phase goes, NNSA will decide if it will give the NFS the Phase 2 contract for uranium purification and conversion services during the “bridge” period until the Y-12 plant begins its production phase. This article originally appeared on Oakridger: Leaders criticize uranium work’s move to Erwin, Like us on Facebook to see similar stories, Ron DeSantis on Rush Limbaugh: Governor will order flags flown at half-staff to honor controversial radio host, UN nuclear watchdog chief starts Tehran talks as deadline looms. “As demonstrated during the COVID crisis, our workforce has adjusted to changing conditions, circumstances and requirements to succeed under the current conditions. United States Uranium. “The U.S. government has invested billions of taxpayers’ dollars to modernize the Y-12 National Security Complex, with the highest levels of safeguards and security in place. The ATLC represents more than 1,400 skilled workers at Y-12, including machinists, welders, chemical operators and electricians. Show full articles without "Continue Reading" button for {0} hours. In November, the Wyoming senator introduced a … Canada’s Denison Mines (TSX: DML) is ready to resume the formal environmental assessment (EA) process for its 90%-owned Wheeler River project in Saskatchewan, which is…, Energy Fuels (TSX: EFR; NYSE: UUUU) has produced the first rare earth element (REE) carbonate concentrate on a pilot-scale at its wholly owned White Mesa mill…, Canaccord Genuity raises Q1 copper price forecast, Kinross reports record free cash flow, 2020 results in line with guidance, Kutcho Copper grows copper-zinc resource ahead of feasibility release, Newcrest OK’s $135M exploration decline at Red Chris. A plan to move uranium enrichment work 125 miles from Oak Ridge to Erwin, Tenn., is drawing condemnation from local officials. Statements criticizing the move have come from Oak Ridge Mayor Warren Gooch and Mike Thompson, president of the Atomic Trades and Labor Council (ATLC), via a city news release. Uranium Price: Get all information on the Price of Uranium including News, Charts and Realtime Quotes. Microsoft and partners may be compensated if you purchase something through recommended links in this article. US HEADLINES VIENNA & PARIS – The U.N. nuclear watchdog found uranium particles at two Iranian sites it inspected after months of stonewalling, diplomats say, and it is preparing to rebuke Tehran for failing to explain, possibly complicating U.S. efforts to revive nuclear diplomacy. Monarch Mining grows McKenzie Break gold resources, Great Bear zones in on more near-surface gold at Dixie. Uranium mining in the United States produced 173,875 pounds (78.9 tonnes) of U 3 O 8 in 2019, 88% lower than the 2018 production of 1,447,945 pounds (656.8 tonnes) of U 3 O 8 and the lowest US annual production since 1948. Uranium is a vital component for the country’s nuclear arsenal, submarines and nuclear power plants. “We have fought it since it first raised its ugly head.”. Mines in the United States produced about US$82.3 billion in minerals in 2020, according to figures from the U.S. Geological Survey’s Mineral Commodity Summaries report…. Get caught up in minutes with our speedy summary of today's must-read news and expert opinions. The Uranium Investing News homepage is your best source for the latest news on uranium investing. Leaders criticize uranium work’s move to Erwin. Re-investment in uranium mines is required. “The proposed contract is the result of an unsolicited proposal and would result in significant economic loss to the greater Oak Ridge/Knoxville region. Most of the rest comes from Canada and Australia, followed by Russia and former Soviet republics. “We don’t agree that this potential moving of work will be either funding neutral or employment neutral,” Gooch said. Fission Uranium (TSX: FCU; US-OTC; FCUUF) plans to drill 43 holes (12,640 metres) this year at the Triple R deposit at its Patterson Lake South project… News February 2, 2021 US Geological Survey reports 2020 mine production in the US In 2010, uranium prices slipped further into the US$40 range. He has discussed his reservations about the planned contract with various NNSA representatives in the past, in addition to the report language added to the Fiscal Year 2021 appropriations package, expressing his belief that the NNSA’s current proposal is unnecessary and inefficient.”. Y-12 National Security Complex will lose its current contractor, Consolidated Nuclear Security (CNS) on Sept. 30, 2021 as the NNSA has chosen not to extend its contract, citing safety concerns. It's not just city officials, who have expressed opposition. Actions to mitigate risks to the USA's domestic uranium supply chain could be better planned and coordinated, according to a report published yesterday by the US Government Accountability Office. Global prices have kept mostly low since the 2011 Fukushima nuclear disaster in Japan. Improving cost estimates to support future funding requests for the proposed uranium reserve is one of several recommendations by the GAO to improve the … by 2023, 2021 Global Mining Symposium – February 23-24 2021, 2020 Global Mining Symposium – November 2020, 2020 Global Mining Symposium – September 2020, 2020 Canadian Mining Symposium – June 2020, Fission Uranium outlines 2021 drill program for Patterson Lake South, US Geological Survey reports 2020 mine production in the US, ‘Miners have to dare if they’re going to succeed’ says panel at Remote Roundup, USA Rare Earth outlines domestic mine-to-magnet strategy, Energy Fuels set to become rare earth producer in 2021, Azarga secures major permit for Dewey Burdock, Denison delivers robust PEA for Waterbury Lake, Denison plans Canada’s first in-situ recovery uranium mine, Energy Fuels produces REE concentrate at White Mesa, Interview: Clean TeQ’s Sunrise battery materials complex in Australia is construction ready. The 2019 production represents 0.3% of the anticipated uranium fuel requirements of the US's nuclear power reactors for the year. Commenting on the legislation, Uranium Energy CEO Amir Adnani said the bill, if it becomes law, "will provide a clear path for implementation of the U.S. uranium … Consensus suggests uranium demand needs to increase by over 100% from current levels by 2050 if decarbonisation is to take place. Company selected ISR mining for renamed Tthe Heldeth Túé deposit in Saskatchewan. A plan to do some uranium work 125 miles from Oak Ridge in Erwin, Tenn., is drawing condemnation from local officials. Uranium outlook 2021: Energy security issues In addition to COVID-19, the US presidential election has been a major topic in the energy sector. The first day of the Association for Mineral Exploration’s (AME) Remote Roundup featured a government industry forum that brought together industry experts from across Canada…, Since founding privately held USA Rare Earth three years ago, Pini Althaus has focused on turning his vision of creating a secure supply of rare…, “IL EST MORT! American Lithium to acquire Plateau Energy Metals amid EV boom, Brumadinho victims take Vale deal to Supreme Court, Global silver demand forecast to rise 11% in 2021: Silver Institute, Newmont updates industry-leading reserve portfolio, Nouveau Monde to start construction at Matawinie graphite project, Bacanora Lithium begins work at Mexico project, Alberta reinstates 1976 coal policy after public outcry, Battle North Gold greenlights construction of Bateman project, The Northern Miner Podcast – episode 225: Wheaton Precious Metals CEO Randy Smallwood on how streamers can promote ESG initiatives, Equinox expects production growth in 2021, looks towards 1M oz. The US has agreed to take part in multilateral talks with Iran hosted by the EU, with the aim of negotiating both countries’ return to the 2015 nuclear deal that is … The standard contract unit is 250 pounds of U3O8 and is traded on New York Mercantile Exchange. “A decision of this magnitude should not be made during a transition to new leadership at the federal level and pending the selection of a new contractor at the Y-12 National Security Complex. Atomic energy officials raise red flag on dangerously high uranium levels in Telangana “It is absolutely not in the best interest of Y-12 or our community,” he said. Ben Pounds is a staff reporter for The Oak Ridger. The NNSA announced its plan in an an email to the city last November. As nations sought alternative sources to nuclear power, the uranium … In contrast to the mayor’s statement on jobs, an NNSA spokesperson said Y-12 will not see “a reduction in work scope or in employment related to this action. On the other hand, U.S. uranium production only comprises 5% of the global supply. When contacted by the newspaper, Fleischmann's office responded to these comments and expressed concerns about the plan. The U.S. imports over 90% of the uranium it uses from abroad. December 14, 2020, The S&P/TSX Composite Index rose 0.16% to 17,548.92 during the Dec. 7-11 trading week. The email went on to say, “The Congressman plans to reiterate his concerns about the proposed contract with DOE and NNSA leadership at the earliest opportunity. The United States has 104 nuclear reactors that use about 55 million pounds of uranium every year; representing 25% of the global supply. Sign up here! Call him at (865) 441-2317 and follow him on Twitter @Bpoundsjournal. VIENNA & PARIS - The U.N. nuclear watchdog found uranium particles at two Iranian sites it inspected after months of stonewalling, diplomats say, … Uranium mining in the US peaked in 1980, when annual production topped 19,958 tonnes. President Donald Trump's 2021 budget proposed $150 million for the creation of a U.S. uranium reserve as the administration seeks to help struggling producers of the … The S&P/TSX Global Mining Index fell 0.08% to 99.28, and the…, Azarga Uranium (TSXV: AZZ; US-OTC: AZZUF) is closer to mining at its Dewey Burdock in-situ recovery uranium project in South Dakota, after the U.S. Environmental…. U.S. usage of uranium has decreased in recent years, part of a global decrease in the wake of the 2011 meltdown of Japan’s Fukushima Dai-ichi nuclear plant after an earthquake and tsunami. "The US uranium mining industry has the personnel and yellowcake processing plants on standby, and is ready to expand into new areas with discoveries that will provide hundreds of years of available uranium resources from a variety of secure sources," says Michael D. Campbell, chairman of the Uranium (Nuclear & REE) Committee of the Energy Minerals … US News is a recognized leader in college, grad school, hospital, mutual fund, and car rankings. Major uranium miner … Our members can and will continue to perform urgent national security work that should remain at Y-12,” Thompson said. Nickel prices: How did we get here and what comes next? “Highly Enriched Uranium (HEU) processing and storage has been performed at the Y-12 National Security Complex for decades and this contract would divert a significant process at significant estimated expenses to an area outside of the highly secured Y-12 environment used for uranium purification,” the release stated. Most industry forecasters believe that a long-term sustainable uranium spot price based on cost curve support is in the US$40-50/lb range, notes Shaw. Sen. John Barrasso is determined to build a strategic uranium reserve for the first time in U.S. history. U.S. uranium users get about 10% of their supply from domestic sources, the federal Energy Information Administration has said. Track elected officials, research health conditions, and find news you can use in … US HEADLINES: VIENNA & PARIS – The U.N. nuclear watchdog found uranium particles at two Iranian sites it inspected after months of stonewalling, News Today Politics