2020-10-01 13:25:00
BRAZIL'S NUCLEAR FUEL
WNN - 30 September 2020 - The government of Brazil's northeast state of Ceará and the Santa Quitéria Consortium have signed a Memorandum of Understanding for the construction of a uranium and phosphate extraction plant in Itatiaia, Santa Quitéria. The consortium is a partnership between fuel cycle company Indústrias Nucleares do Brasil and fertiliser producer Galvani.
The deposit - located in the interior of the state of Ceará - is the largest discovered uranium reserve in Brazil. An estimated 142,200 tonnes of uranium is inter-mixed with phosphates. The deposit has exploitable reserves of 79.5 million tonnes of ore, at grades of 11% P2O5 and 0.0998% U3O8, equating to about 8.9 million tonnes of P2O5 and 79.3 thousand tonnes of U3O8.
The consortium - formed in June 2008 - will initially invest USD400 million in the Itatiaia facility, the operation of which is expected to begin in 2023. The project is expected to generate up to 2500 jobs, of which 500 will be direct.
The facility is planned to produce 1600 tonnes of U3O8 per year as a by-product of 240,000 tonnes of P2O5. The phosphates extracted would be used by Galvani for the manufacture of fertilisers and animal feed, while INB will use the uranium by-product for the production of uranium concentrate for nuclear fuel.
Operation of the extraction plant will quadruple the output of uranium concentrate used by INB in the production of nuclear fuel, and increase Brazil's production of phosphate fertilizers by 10%.
On signing the MoU on 28 September, INB President Carlos Freire Moreira said: "Our economic recovery will depend a lot on projects that generate jobs and add value, like the one we are going to install in Ceará. That's why we believe in this partnership with Santa Quitéria and the Government of Ceará."
Brazil has a small nuclear power programme. Two pressurised water reactors - Angra 1 and 2 - supply about 3% of the country's electricity. National planners are preparing to complete a third unit at Angra and are analysing the possibilities for several more at other sites. A small uranium enrichment facility also operates at Resende.
-----
Earlier:
2020, September, 29, 12:50:00
NUCLEAR POWER: CLEAN ENERGY TRANSITION
A two-day Scientific Forum focused on ‘Nuclear Power and the Clean Energy Transition’. The Forum featured experts, government representatives and international organization representatives and academics, who spoke about how nuclear power can contribute to climate change goals and play a role in the clean energy transition.
2020, September, 29, 12:40:00
NUCLEAR, HYDROGEN ENERGY
Nuclear has been left largely behind by booming demand for clean energy over the past decade.
2020, September, 23, 15:05:00
NUCLEAR POWER: THE NEW POSSIBILITIES
Innovation is accelerating the development and commercialisation of small modular reactors opening up additional applications for nuclear energy.
2020, September, 23, 15:00:00
NUCLEAR POWER: CRITICAL FOR CLIMATE
There are three basic reasons why nuclear power is "critical" to the world meeting its energy and climate goals, said International Energy Agency Executive Director Fatih Birol.
2020, September, 16, 11:55:00
NUCLEAR POWER: COST & COMMUNICATION
Nuclear power industry must make sure it engages in open and transparent communications with stakeholders, as well as being cost-competitive with all other forms of generation,
2020, September, 11, 12:10:00
NUCLEAR POWER: IMPORTANT ROLE
IEA analysis "clearly shows", he said, that nuclear power has an important role and makes the energy transition "more cost effective and more energy secure".
2020, September, 11, 12:05:00
NUCLEAR POWER: TREMENDOUS OPPORTUNITY
That's why I think nuclear has a tremendous opportunity. There is simply not another energy technology before us today that can do the things that nuclear can do.
Chronicle:
2021, July, 9, 12:04:00
HYDROGEN RUSSIA AND CIS, Moscow, 20-21 October 2021
International Conference and Exhibition ‘Hydrogen Russia and CIS’ brings together more than 200 senior executives of hydrogen production plants from Russia and the CIS
2021, July, 9, 12:00:00
ARGENTINA'S NUCLEAR SMR
Before work was suspended, it was in line to be the world’s first operating SMR. The government licensed it as a prototype in 2009.
2021, July, 9, 11:55:00
CHILE'S COAL GENERATION DOWN
In June 2021, the Chamber of Deputies of Chile has approved a bill that prohibits the installation and operation of coal-fired power plants.
2021, July, 8, 12:50:00
OIL PRICE: NEAR $73
Brent slipped by 23 cents, or 0.3%, to $73.20 a barrel, WTI were down 33 cents, or 0.5%, at $71.87 a barrel.
2021, July, 8, 12:45:00
OIL PRICES 2021-22: $72-$67
We expect rising production will reduce the persistent global oil inventory draws that have occurred for much of the past year and keep prices similar to current levels, averaging $72/b during the second half of 2021 (2H21).
2021, July, 8, 12:40:00
EUROPE CLIMATE RULES
According to draft proposals seen by market sources, the CBAM will replace the current system of free carbon allowances for metals sectors, and tighten allowances in the European Emissions Trading System generally, a bone of contention for some.
2021, July, 8, 12:35:00
ASIA INDEXES DOWN ANEW
The Hang Seng index (.HSI) led losses with a 1.9% drop, its eighth consecutive session in the red, with more falls in internet giants Tencent (0700.HK), Meituan (3690.HK) and Alibaba (9988.HK) as the sector reels from sweeping Chinese regulatory scrutinty.