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Uranium Mining News

7 articles about uranium mining

Energy Security for Indo-Pacific Endurance, a Global Growth Center of the 21st Century

<p></p> <p>The Indo-Pacific Energy Security Ministerial and Business Forum, held in Tokyo on March 14–15, 2026, convened twelve nations to forge a collective strategy for ensuring stable and secure energy supply in the region. Co-hosted by U.S. and Japanese energy leaders, the discussions emphasized robust supply chains, diversification of energy sources, and extensive investment, signaling profound implications for the global mining sector, particularly in critical minerals and uranium for nuclear energy development.</p> <p>

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DOE’s Office of Energy Dominance Financing Announces Conditional Commitment for a Domestic Medical Isotope Manufacturing Facility

The U.S. Department of Energy has issued a conditional commitment for a $263 million loan to SHINE Chrysalis, LLC, for a high-volume medical isotope production facility in Janesville, Wisconsin. This strategic investment aims to establish the nation's sole domestic commercial supply of molybdenum-99 (Mo-99), a critical isotope for millions of diagnostic imaging and cancer treatment procedures, thereby enhancing national energy dominance, medical supply chain security, and a robust nuclear workforce.

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Uranium Energy adds second ISR operation with Burke Hollow start

Uranium Energy Corp. (UEC) has dramatically strengthened its position as a leading domestic uranium producer with the official commencement of operations at its Burke Hollow project in Texas. This milestone marks the first new in-situ recovery (ISR) uranium operation in the United States in over a decade, establishing UEC as the sole U.S. company with two active ISR facilities and reinforcing the nation's push for a secure, domestic nuclear fuel supply chain. The project, tapping into a significant uranium resource in the Texas Uranium Belt, is set to bolster UEC's processing capabilities at its Hobson Central Processing Plant and signals a robust expansion strategy for the Vancouver-based miner.

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New episode: Q&A with Sweden’s nuclear power chief

<p></p> <p>Sweden has dramatically reversed its long-standing nuclear phase-out policy, embarking on an ambitious expansion plan that aims to add at least 2.5 gigawatts of nuclear capacity by 2035 and the equivalent of ten new reactors by 2045. This significant pivot, driven by energy security and climate goals, is being spearheaded by Carl Berglöf, the national nuclear power coordinator, and is set to have profound implications for the global mining industry, particularly for uranium producers and suppliers of critical minerals essential for reactor construction and associated infrastructure.</p> <p>

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Orano CE to accept Kayelekera uranium concentrate

Lotus Resources has secured a crucial confirmation from Orano Chimie-Enrichissement (Orano CE) for the acceptance of uranium ore concentrate from its Kayelekera project in Malawi at the Malvesi conversion facility in France. This pivotal development, following extensive qualification efforts, positions Lotus as a forthcoming global uranium supplier, with aims to reach full production capacity by the second quarter of 2026. The agreement facilitates initial shipments and provides strategic flexibility for Lotus in navigating global uranium markets and supply chains.

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Canadian Uranium signs agreement to acquire Rook 2

Canadian Uranium has announced an agreement to acquire Rook 2 Uranium, securing an exclusive option over 21 mineral claims spanning approximately 18,941 hectares in Saskatchewan's prolific Athabasca Basin. This strategic acquisition, involving a share exchange valued at 9,663,156 Canadian Uranium shares, positions the company to capitalize on a property described as having a "historic resource" within a world-renowned uranium district, signaling significant future growth and a strengthening of its asset portfolio in a buoyant uranium market.

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Harena signs agreement for Paradigm Critical Minerals acquisition

Harena Rare Earths has entered into an exclusivity agreement to potentially acquire a 100% stake in Paradigm Critical Minerals' rare earth and uranium assets located in San Bernardino County, California. This strategic move, reported on March 17, 2026, aligns with Harena's broader objective to bolster critical mineral supply chains, particularly within the United States, contingent upon comprehensive due diligence and internal approvals. The assets boast promising historical drilling results, including high-grade uranium mineralization and significant rare earth potential, situated in a region with established mining infrastructure near MP Materials' Mountain Pass Mine.

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