Latest Nuclear Fuel News

Bannerman Energy has locked in two binding offtake agreements with major North American utilities for 1 million pounds of uranium from its Etango project, marking a significant milestone ahead of its final investment decision.

Lotus Resources has achieved a pivotal milestone by producing its first yellowcake at the Kayelekera Uranium Mine, marking its emergence as a global uranium producer. The company targets ramping up production to 200,000 pounds per month by early 2026.

Peninsula Energy has secured regulatory approval to begin Phase 2 feeding at its Lance Project’s Central Processing Plant, moving closer to commercial uranium production. The company also welcomes seasoned executive Keith Bowes to its board as it prepares for a capital raise.

Silex Systems Limited has announced a $145 million equity raise to fund the commercialisation of its SILEX laser uranium enrichment technology through its US joint venture, Global Laser Enrichment. The capital will support critical technology milestones and expansion into new isotope markets amid a global nuclear fuel renaissance.

Silex Systems has raised $130 million through an institutional placement to advance its SILEX uranium enrichment technology in the US, bolstering its financial position through FY2028.

Energy Metals Limited reported steady progress in its uranium exploration projects during the June 2025 quarter, supported by a strong cash position and rising uranium prices. Preparations to refresh the Bigrlyi Pre-Feasibility Study and regional exploration groundwork highlight the company’s strategic focus.

Global Uranium and Enrichment Limited’s investee Ubaryon has sealed a binding agreement with uranium giant Urenco, unlocking a A$5 million investment and technical collaboration to accelerate a novel uranium enrichment technology.

Global Uranium and Enrichment Limited has kicked off a major drilling campaign at its Pine Ridge Uranium Project in Wyoming, aiming to unlock a significant uranium resource in the prolific Powder River Basin.

Haranga Resources has successfully renewed its Saraya Uranium Project exploration permit in Senegal for another three years, following a positive regulatory audit. This extension secures ongoing exploration of a significant uranium resource with promising prospects.

Pioneer Lithium has completed the first phase of soil sampling at its Skull Creek Uranium Project in Colorado, setting the stage for targeted drilling as US federal policies boost domestic uranium production.

Boss Energy’s Alta Mesa Uranium Project in Texas is accelerating production with uranium extraction rates surpassing 3,000 pounds per day and ongoing wellfield expansion.

Global Uranium and Enrichment Limited is on the verge of finalizing a strategic partnership with uranium enrichment giant Urenco, securing a $5 million investment to accelerate Ubaryon’s innovative technology development.