IAEA Assessing Uganda’s Uranium Exploration Plan as Country Moves Toward Developing Nuclear Power Capability
A new era of nuclear power may be on the horizon for Uganda as the country undergoes its first ever Integrated Uranium Production Cycle Review (IUPCR) mission led by the International Atomic Energy Agency (IAEA). With a population of nearly 50 million people, Uganda is looking to utilize nuclear power as part of its clean […]
China tightens regulations on rare earth exports
China has tightened its control over the export of rare earths with new regulations aimed at ensuring traceability from mining to processing of these valuable elements. The Chinese government announced that all resources of rare earths belong to the state and no individual or organization has a claim to them. Prime Minister Li Qiang signed […]
VERSES Promotes James Hendrickson to Chief Operating
VERSES AI Inc., a cognitive computing company, has appointed James Hendrickson as Chief Operating Officer (COO). Previously President and General Manager of VERSES Enterprise, Hendrickson is recognized for his leadership and results-driven approach. CEO Gabriel René highlighted Hendrickson’s experience as crucial for guiding the company’s growth, especially during the upcoming launch of the Genius™ platform. […]
The Register reports Beijing’s claim of state ownership over China’s rare earth metals
Beijing Tightens Grip on Rare Earth Metals, Declaring State Ownership In a move that is likely to escalate tensions with the US, Beijing has enacted new regulations officially declaring rare earth metals as the property of the Chinese state. Rare earth elements are crucial minerals used in the production of advanced technologies such as semiconductors, […]
Progress made by the Iranian regime in advanced uranium enrichment, as reported by the IAEA.
The International Atomic Energy Agency (IAEA) has reported that Iran has made significant progress in installing advanced uranium enrichment equipment at the Fordow Fuel Enrichment Plant. This comes after Iran announced its plans to expand its enrichment capacity by adding eight cascades of IR-6 type centrifuges within a short timeframe. According to a confidential report […]
New regulation gives China greater control over management of rare earths – Firstpost
China has reinforced its control over the rare earth industry with the approval of its first comprehensive regulation covering the mining, metal smelting, and distribution of these critical minerals. The new rules, announced by the State Council on its website, assert that rare earths are national assets, stating that no organization or individual is permitted […]
American Future Fuel and Premier American Uranium Join Forces
Premier American Uranium Inc. and American Future Fuel Corporation have announced a new mineral resource estimate for the Cebolleta Uranium Project in New Mexico. The Technical Report, prepared by SLR International Corporation, indicates a significant mineral resource potential with an indicated resource totaling 18.6 million pounds of eU3O8 and an inferred resource totaling 4.9 million […]
Why This Rare Earth Stock and ETF is Among the Top Choices to Buy
Global X Uranium ETF (NYSE:URA) is making waves in the rare earth stocks and ETFs market, standing out as a promising investment opportunity. Rare earth elements (REEs) are crucial for various technologies, including clean energy, consumer electronics, defense, and aerospace engineering. With the global rare earth metals market projected to grow steadily over the coming […]
Despite Price Surge, Russia’s Uranium Industry Faces Threats to Profitability
Prices for uranium are skyrocketing as governments ramp up efforts to reach climate goals, while new U.S. sanctions on Russia are sparking a push for North American uranium production. The Biden administration’s decision to sanction Russia for its invasion of Ukraine has put a spotlight on the critical need for the U.S. to reduce its […]
Niger Cancels French Company’s License to Operate at Key Uranium Mine | Global News
The tension between the Nigerien military junta and former colonial power France has reached a boiling point as the operating permit for a large uranium mine has been withdrawn from French company Orano. This decision by the military authorities has significant implications for both parties involved and could potentially impact the global supply of uranium. […]