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Uranium Mining News

6 articles about uranium mining

Metals One and DISA agree to treat uranium mine waste

Metals One has advanced its collaboration with DISA Technologies, signing a definitive agreement to assess and potentially treat abandoned uranium mine waste at its Uravan Belt Uranium-Vanadium Project in Colorado, US. This initiative aims to recover valuable uranium and critical mineral concentrates while remediating historical environmental liabilities using DISA's High-Pressure Slurry Ablation (HPSA) technology. The partnership underscores a strategic move towards domestic critical mineral recovery and environmental stewardship within one of America's historically significant uranium districts.

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Energy Department Awards $94 Million to American Companies to Help Expedite the Deployments of Small Modular Reactors in the United States

The U.S. Department of Energy (DOE) has awarded over $94 million to eight American companies to accelerate the deployment of advanced light-water Small Modular Reactors (SMRs). This significant federal investment, announced on May 14, 2026, targets critical gaps in licensing, supply chain development, and site preparation, with the aim of bolstering domestic nuclear energy generation by the 2030s and fulfilling President Trump’s "nuclear energy renaissance" agenda. The initiatives are poised to create substantial opportunities across the nuclear fuel cycle, driving demand for uranium and specialized manufacturing components, and directly impacting the mining sector.

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Ontario’s Darlington SMR renews Canada’s nuclear maturity

Ontario has initiated construction on the first small modular reactor (SMR) within the G7, marking a significant milestone in Canada's nuclear energy strategy amidst rising power demand and tightening fuel markets. The Darlington SMR project, led by Ontario Power Generation, aims to deliver 1,200 MW of capacity by the end of the decade, leveraging the GE Hitachi BWRX-300 reactor design. This development is poised to bolster Canada's energy security, stimulate domestic supply chains for critical minerals, and position the nation as a key player in the global SMR deployment race, though it also introduces new considerations regarding enriched uranium fuel sourcing.

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Blast from the Past: US deals blow to Canada over uranium contracts, Nov. 1959

In November 1959, the United States dealt a significant blow to Canada's booming uranium industry by announcing it would not renew supply contracts set to expire in 1962-63. This decision, driven by emerging U.S. domestic supply, abruptly halted Canada's reign as the world's top uranium producer and plunged rapidly expanded boomtowns like Elliot Lake, Ontario, into a sudden economic downturn, profoundly reshaping the global nuclear fuel landscape for decades.

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LG&E, Kentucky Utilities, X-energy to plan small modular reactor deployment

Louisville Gas and Electric Company (LG&E) and Kentucky Utilities (KU), both subsidiaries of PPL Corporation, have partnered with nuclear reactor designer X-energy to explore the deployment of X-energy’s Xe-100 small modular reactors (SMRs) in Kentucky. This collaboration aims to address the Commonwealth’s growing energy demand and strengthen grid reliability, aligning with significant legislative and regulatory support for nuclear energy in the state. The initiative signals a proactive step towards integrating advanced nuclear technology into the energy mix, with potential long-term implications for the energy sector and uranium market.

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New Earth expands Lucky Boy project with 268 acres in Arizona

New Earth Resources has significantly expanded its Lucky Boy Uranium Project in Gila County, Arizona, securing an additional 268 acres of state mineral lease land. This strategic acquisition, approved by the Arizona State Land Department following an application in February 2026, nearly doubles the company's land holdings at Lucky Boy to approximately 541 acres, strengthening its position in a historically productive uranium region. The expansion is anticipated to provide substantial flexibility for future exploration and development in a revitalized global uranium market.

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