S'abonner

Energy Fuels sets uranium production record at Pinyon Plain mine

U.S.-based Energy Fuels extracted 151,400 pounds of uranium in April, reaching an unprecedented level since the opening of its Pinyon Plain mine, while underground drilling reveals exceptionally high grades.

Share:

U.S. mining company Energy Fuels Inc. announced a record monthly uranium production in April at its Pinyon Plain mine located in Arizona. The company extracted 4,604 tons of ore containing approximately 151,400 pounds (68.65 tonnes) of triuranium octoxide (U3O8), with an average grade of 1.64% equivalent uranium (eU3O8), which it says ranks among the highest-grade uranium deposits ever mined in the United States.

Drilling results exceed previous estimates

Energy Fuels reported that the ore grades obtained in currently mined zones are significantly higher than those predicted by gamma probe readings from earlier drill campaigns. These findings suggest the mineable volume could be much greater than outlined in the Preliminary Feasibility Study (PFS) released in February 2023, prepared in accordance with S-K 1300 and NI 43-101 standards.

The company also released preliminary data from its ongoing underground drill campaign targeting the “Juniper Zone,” another mineralised area of the deposit. The 2023 report identified 703,000 pounds (318.99 tonnes) of Indicated Resources with an average grade of 0.95% eU3O8 in this zone. Recent drilling revealed several new high-grade intercepts, including a 4-foot (1.2 metre) section grading 20.11% eU3O8.

Potential increase in mineable resources

Forty-nine core holes have been drilled from two underground drill stations, all measured using gamma probes calibrated by the U.S. Department of Energy. Samples collected are currently being analysed. Energy Fuels plans further drilling in the Juniper Zone to better assess its economic and geological potential.

Ore extracted from Pinyon Plain is transported to the White Mesa Mill located in neighbouring Utah. This facility processes the ore into natural uranium concentrate (U3O8), which is then sold to nuclear utilities for conversion, enrichment, and fuel fabrication.

Production geared toward domestic demand

According to Energy Fuels, the increase in mineable reserves at the site could lower the cost per pound of production and support the supply chain for the U.S. domestic market. Nuclear energy currently accounts for around 18% of total U.S. electricity generation and nearly 50% of the country’s zero-emission power.

  • Populaires ​
OVO launches new subsidiary dedicated to onshore wind farm repowering in the United Kingdom
Rosneft denounces EU sanctions against Nayara Energy as illegitimate
EDF inaugurates 450 MW offshore wind farm in Scotland
Europe restricts diesel made from Russian crude, prices surge
Legrand raises 2025 forecast and jumps 9% on stock market
Iran welcomes IAEA technical delegation without access to nuclear sites
Tehran agrees to host experts from the International Atomic Energy Agency in the coming weeks, excluding any visit to sensitive sites as diplomatic tensions persist with European nations and the United States.
Standard Uranium confirms 29 km of conductive corridors at the Corvo project in Canada
Standard Uranium announces the results of a high-resolution electromagnetic survey at the Corvo project, confirming 29 kilometres of conductive corridors and launching the planning of an inaugural drilling programme for 2026.
NANO Nuclear reaches key milestone with prototype induction pump for reactors
NANO Nuclear Energy assembles and tests its annular induction pump prototype, marking progress for its microreactor programmes and paving the way for potential commercialisation of the technology.
Hungary confirms launch of Paks-2 with Rosatom by autumn
Hungary reaffirms its intent to double the capacity of its Paks nuclear power plant in partnership with Rosatom, with concrete works expected to begin in the autumn.
Arabelle Solutions to equip Darlington SMR with 34-metre turbine
Arabelle Solutions, a subsidiary of EDF, will provide turbine island equipment for the first BWRX-300 small modular reactor project in Canada, marking a milestone for the industrialisation of SMRs in North America.
Framatome secures nuclear fuel contract with ENEC for Barakah plant
Framatome will supply nuclear fuel and technical services to ENEC, strengthening the United Arab Emirates’ energy supply chain for the Barakah nuclear plant.
Stellaria raises €23mn to develop molten salt nuclear reactor by 2035
French start-up Stellaria secures €23mn ($25.2mn) in funding to accelerate the design of its fast neutron nuclear reactor, with first fission expected in 2029 and commercial deployment targeted for 2035.
More than ten-year delay for Bulgaria’s national nuclear waste repository
The Bulgarian National Audit Office report highlights persistent delays and contractual irregularities in the implementation of the national repository for low- and intermediate-level radioactive waste.
Bahrain signs civil nuclear agreement with the United States and announces $17bn in public investments
Bahrain has concluded a civil nuclear agreement with the United States and formalised a commitment of $17bn in public investments in the US market, further strengthening bilateral cooperation.
Kairos Power completes installation of third prototype vessel in Oak Ridge
Kairos Power has installed the vessel for its third test prototype in Oak Ridge, aiming to validate manufacturing methods for its future Hermes reactor supported by the US Department of Energy.
UK and Czech Republic sign agreement to accelerate civil nuclear development
London and Prague formalise a strategic partnership to develop the nuclear sector, focusing on small modular reactors and industrial cooperation on supply chains.
Nuclear Waste in France: Experts Call for Strengthened Safety Measures
Experts have broadly approved France’s Cigéo deep nuclear waste repository project, highlighting technical uncertainties that demand stronger guarantees for long-term safety.
Uzbekistan seals deal with Hungary for nuclear cooling technology
Uzbekistan advances its nuclear project by signing a protocol with Hungary for the supply and local assembly of dry cooling systems, expanding its industrial partnerships in the region.
Warsaw seeks EU green light for $49bn nuclear project
Polskie Elektrownie Jądrowe is asking the European Commission to review its $49bn investment to build Poland’s first nuclear power plant, a step required under the Euratom Treaty before any construction permit can be issued.
China urged to strengthen its nuclear regulator to keep pace with growth
The International Atomic Energy Agency mission completed on July 11 warns that the National Nuclear Safety Administration must hire staff to oversee a fleet of 59 reactors in operation and 32 more under construction.
Ukraine: Energoatom signs major agreements with Westinghouse and Holtec
Energoatom signed strategic agreements with Westinghouse and Holtec at the Ukraine Recovery Conference, aiming to establish nuclear fuel production and small modular reactor capabilities in the country.
Iran Relaunches Nuclear Dialogue to Negotiate with the United States, Russia Supports a No-Enrichment Deal
Tehran agrees to reopen its nuclear facilities to the IAEA, aiming to resume negotiations with Washington, while Moscow pushes for a “zero enrichment” agreement without getting involved in supervision.
TerraPower awards three major contracts for its Natrium reactor in the United States
TerraPower has selected three new American suppliers for its advanced Natrium nuclear reactor, confirming progress on the project located in Kemmerer, Wyoming, intended to replace a retiring coal-fired power plant.
EnergyX acquires 35,000 acres of US lithium from Pantera Lithium
Energy Exploration Technologies acquires Daytona Lithium, an Australian subsidiary of Pantera Lithium, for AUD40mn ($27mn), bringing its strategic lithium basin footprint in Smackover, USA to nearly 50,000 acres.
Canada: CCSN approves the ARC-100 reactor design review
The Canadian Nuclear Safety Commission has identified no major barriers to licensing the ARC-100 reactor, announces ARC Clean Technology.

LEGAL

FOSSILS

POLICY

RENEWABLE

PLUS

© XMARKET PUBLISHING