Space Industry and Business News
CIVIL NUCLEAR
Kazakhstan inks first deal to supply uranium to Switzerland
Kazakhstan inks first deal to supply uranium to Switzerland
by AFP Staff Writers
Almaty, Kazakhstan (AFP) Feb 17, 2025

Switzerland struck a deal with Kazakhstan to buy uranium directly from the world's largest producer for the first time as Bern seeks to relaunch its nuclear power industry, Kazakhstan's national uranium mining firm said on Monday.

In a deal with Swiss energy company Axpo, Kazatomprom said they had signed "the first ever contract for the supply of Kazakh natural uranium concentrates for the energy needs of Switzerland's Beznau and Leibstadt nuclear power plants".

An Axpo representative said the deal would help "ensure stable energy supply for Switzerland and contributes to global decarbonisation efforts" to limit greenhouse gas emissions that contribute to global warming.

No details were given about the volume of deliveries.

In December, the Swiss federal government signalled its intention to change the law to allow the construction of new nuclear power plants in the Alpine nation, banned since 2018.

The government said the move was required because of Switzerland's population growth and its target of net zero carbon emissions by 2050.

But the authorities also said there were also fears of electricity shortages due to the fall in Russian gas deliveries, after Europe imposed sanctions on Moscow following its invasion of Ukraine.

Four ageing nuclear reactors produce around 29 percent of Switzerland's electricity supply and in winter it has to import energy from elsewhere.

Kazakhstan, a central Asian country bordering Russia and China, is by far the world's largest uranium producer with more than 40 percent of global extraction.

Despite its vast natural resources, Kazakhstan suffers from chronic energy shortages and is due to build a nuclear power plant on the shores of Lake Balkhash in the south.

That project has piqued the interest of China, Russia, France and South Korea.

Related Links
Nuclear Power News - Nuclear Science, Nuclear Technology
Powering The World in the 21st Century at Energy-Daily.com

Subscribe Free To Our Daily Newsletters
Tweet

RELATED CONTENT
The following news reports may link to other Space Media Network websites.
CIVIL NUCLEAR
GE Vernova advances UK SMR development with new supplier agreements
London, UK (SPX) Feb 16, 2025
GE Vernova's nuclear division, GE Hitachi Nuclear Energy (GEH), has taken a significant step forward in its efforts to deploy Small Modular Reactors (SMRs) in the UK. The company has signed new Memoranda of Understanding (MoUs) with leading UK nuclear engineering firms Boccard and Cavendish Nuclear to enhance collaboration on the development and delivery of the BWRX-300 SMR. These agreements reinforce GEH's strategy of strengthening partnerships with the UK supply chain to support Great British Nu ... read more

CIVIL NUCLEAR
Trump creates energy council to power AI race with China

Negative refraction of light achieved using atomic arrays instead of metamaterials

Clearing a Path for More Efficient and Cost-Effective Molecular Separations

Cleaning up critical minerals and materials production, using microwave plasma

CIVIL NUCLEAR
Satellogic and Telespazio Brasil to provide low-latency satellite imagery for the Brazilian Air Force

Mobix Labs Secures Defense Funding to Advance SATCOM SoC Innovation

ESA and European Commission to establish secure quantum communications network

KP Labs and ESA Unveil PINEBERRY to Enhance AI Security and Transparency in Space Missions

CIVIL NUCLEAR
CIVIL NUCLEAR
Galileo ground stations undergo systemwide migration

EUSPA unveils integrated GNSS and secure SATCOM user technology update

GMV to advance the Galileo High Accuracy Service with new data generator

Sierra Space resilient GPS Satellite Program achieves major development milestone

CIVIL NUCLEAR
Russian airspace closure raises CO2 emissions from flying: study

Poland says Russia briefly violated its airspace; Australia accuses China fighter jet of 'unsafe' conduct

Urban Sky Secures $30 Million in Series B Round to Advance Stratospheric Innovation

Taiwan says detects six Chinese balloons near island

CIVIL NUCLEAR
Smaller but Stronger Relaxor Films Reveal Performance Sweet Spot

Neutrons Reveal Magnetic Spiral Structure in Layered Perovskites for Future Quantum Technologies

New AI Function on the Horizon Thanks to Electrically Programmable Spintronic Device

China's SMIC says 2024 profit down 45.4% from last year

CIVIL NUCLEAR
Validation technique could help scientists make more accurate forecasts

SFL Missions Inc. Secures CSA Contract for HAWC Satellite Concept Study

Rocket Lab and iQPS finalize arrangement for four Electron missions

Finland and ESA join forces to establish groundbreaking Earth observation supersite

CIVIL NUCLEAR
'Terrified' families seek justice in Italy 'forever chemicals' trial

Croatia arrests at least 10 for dumping hazardous waste

'What would you have us do?': the plastic credits problem

Tunisian startup takes on e-waste challenge

Subscribe Free To Our Daily Newsletters




The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.