Substantial uranium spot price improvements have contributed to higher average realised prices, CEO Tim Gitzel said in the company's third-quarter results announcement which also included updates on the progress of the first shipment of its share of 2023 production from Inkai in Kazakhstan and news of a new senior appointment to head its UK subsidiary.

Laurent-Olivier Coudeyre, chairman of World Nuclear Association's Supply Chain and Long-Term Operation Working Group, discusses how the supply chain works, the focus on quality and localisation - and future challenges.

Laboratory experiments carried out using simulated fuel have substantially derisked the Waste To Stable Salt - or WATSS - process, and experiments using real used fuel are currently ongoing.

The supply agreement with China Nuclear International Corporation was finalised earlier this year, Cameco said. The 2023 International Natural Uranium Industry Development Forum also included updates on China's domestic uranium efforts.

The renewed licences authorise the company to continue to operate the Key Lake, McArthur River and Rabbit Lake sites. Rabbit Lake's renewed licence is valid until October 2038, and those for Key Lake and McArthur River until October 2043.

Laurentis Energy Partners - a subsidiary of Ontario Power Generation - has opened a new facility in Kincardine, Ontario, for the sorting and recycling of low-level radioactive waste. It says the facility will minimise waste associated with nuclear energy generation.

The construction and operation of four small modular reactors by Ontario Power Generation at its Darlington site will contribute about CAD15.3 billion (USD11.2 billion) to Canada's GDP, including CAD13.7 billion to Ontario's GDP, according to a report by the Conference Board of Canada. The units will create and sustain 2000 jobs each year in Canada over the next 65 years, it says.

Bruce Power has formally notified Canadian regulators of its intent to launch an Impact Assessment for potential new nuclear generation on the Bruce Power site.

Germany-based radiopharmaceutical biotech company ITM Isotope Technologies Munich SE and Canadian Nuclear Laboratories have launched Actineer, a joint venture for the industrial-scale production of actinium-225.

Bruce Power announced it is launching an Expression of Interest process to "further understand nuclear technologies that could help meet growing demand for clean electricity and advance decarbonisation efforts in Ontario". In July, the provincial government said it was starting pre-development work to build up to 4800 MWe of new nuclear capacity at Bruce Power's existing site.

The Government of Canada has announced nearly CAD20 million (USD15 million) in federal funding to support the provinces of Nova Scotia and New Brunswick to help enable a phase-out of coal-fired electricity generation by 2030. The funding includes CAD7 million to support pre-development work for a small modular reactor at Point Lepreau in New Brunswick.

Korea Hydro & Nuclear Power announced it has signed an agreement with Canada's Candu Energy and Italy's Ansaldo Nucleare to jointly carry out a refurbishment of unit 1 at the Cernavoda nuclear power plant in Romania.