Antinuclear

Australian news, and some related international items

Uranium market now weaker than ever?

Uranium Week: Buyers’ Market.  https://www.fnarena.com/index.php/2019/05/28/uranium-week-buyers-market/ By Greg Peel, May 28 2019

Sellers continue to chase down ever more empowered buyers in an ongoing weak uranium market.

-Uranium spot price continues to fall
-Rio Tinto may shut down Rossing
-US production falls dramatically

It was Groundhog Week last week in the uranium market. With utilities largely out of the market pending a section 232 decision, sellers continue to lower prices in order to flush out buying interest.

And the buyers are not making it easy. Having the upper hand, they are not simply insisting on lower prices, industry consultant TradeTech reports, but on specific origins, delivery locations and other restrictive terms and conditions.

Four transactions totalling 500,000lbs U3O8 equivalent were recorded in the spot market last week. TradeTech’s weekly spot price indicator has fallen -US20c to US$24.30/lb.

The spot price has now fallen -16% in 2019, whittling a 12-month gain down to 6%.

There were no transactions reported in uranium term markets. TradeTech’s term price indicators remain at US$28.50/lb (mid) and US$32.00/lb (long).

Supply Response

Australian-listed diversified miner Rio Tinto ((RIO)) has announced it will advance the closure of its 69% owned Rossing uranium mine in Namibia to June 2020 if the Namibian competition regulator blocks the US$104m sale of the mine to China National Uranium Corp.

Rio cannot continue to operate the loss-making business and would rather cease operations ahead of a forecast 2025 mine life if the sale is rejected.

The Namibian government owns a 3% stake in Rossing but 51% of the voting rights. The Iranian Foreign Investment Co holds 15% and the Industrial Development Corp of South Africa owns 10%.

Persistently low uranium prices continue to impact on global supply. Last week the US Energy Information Agency reported US uranium mines produced 700,000lbs U3O8 in 2018, down -37% from 2017.

Total shipment of uranium concentrate from US mills fell -35%. US producers sold 1.5mlbs of concentrate at an average price of US$32.51/lb.

May 30, 2019 Posted by | AUSTRALIA - NATIONAL, business, uranium | Leave a comment

The desperate nuclear lobby now tries to con us all, with a new book

U.S., Canada Energy Leaders Announce New Book on Nuclear Innovation in Clean Energy USA Dept of Energy 
MAY 28, 2019, VANCOUVER, CANADA – Today, leaders from the United States and Canada are unveiling a new book, Breakthroughs: Nuclear Innovation in A Clean Energy System, at the Tenth Clean Energy Ministerial (CEM10), a forum including ministers from 25 nations, occurring this year in Vancouver, Canada from May 27-29.  MAY 28, 20

 “The combination of vision and innovation is having a profound impact on our energy landscape, and nowhere is that more true than nuclear energy,” said U.S. Under Secretary of Energy Mark W. Menezes. “Nuclear energy is one of our most reliable and cleanest sources of energy, and we are determined to revive and revitalize the nuclear energy industry with advanced and smart designs. This book highlights some of the incredible transformative opportunities nuclear innovation can bring to society and the clean energy future of our planet.”

Canada’s Minister of Natural Resources Amarjeet Sohi said, “The Clean Energy Ministerial is part of building the world’s clean energy future. Canada is proud to host the 10th Clean Energy Ministerial in Vancouver at this historic moment in time. We are pleased to be working with the United States, Japan, and other countries under the nuclear innovation initiative. We also welcome the release of Breakthroughs – a collection a real stories about nuclear innovations and how they can contribute to our climate change goals.”  ………

The Breakthroughs book is a product of the CEM Nuclear Innovation: Clean Energy Future (NICE Future) initiative that was launched at the May 2018 Ninth CEM in Copenhagen, Denmark. The NICE Future initiative envisions nuclear energy’s many uses in contributing to clean, reliable energy systems of the future.  …….. https://www.energy.gov/articles/us-canada-energy-leaders-announce-new-book-nuclear-innovation-clean-energy

May 30, 2019 Posted by | General News | Leave a comment

The extreme weather events of climate change rule out nuclear power as a solution

May 30, 2019 Posted by | General News | Leave a comment

Chernobyl: horrifying, masterly television that sears on to your brain (on Foxtel Showcase 12 June) ne 8.30


(
Foxtel Showcase 12 June 8.30 pm and 10.30 pm)

This breathtaking series throws us right into the hellish chaos of the nuclear disaster – and its terrors are unflinching and unforgettable, Guardian, Rebecca Nicholson,  29 May 2019 After three of its five episodes aired, the miniseries Chernobyl found its way to the top of IMDB’s top 250 TV shows in history list. While the fan-voted chart might seem hyperbolic, given that the drama had only just crossed the halfway point, it is not undeserving of the honour. Chernobyl is masterful television, as stunning as it is gripping, and it is relentless in its awful tension, refusing to let go even for a second. That old ‘don’t spoil the ending’ joke about Titanic will inevitably be rebooted here, but it is confident enough to withstand any familiarity with the story.

May 30, 2019 Posted by | General News | Leave a comment

Australian companies, later, governments, may face legal action over climate issues

May 30, 2019 Posted by | AUSTRALIA - NATIONAL, business, climate change - global warming, legal | Leave a comment

COURT STATEMENT: WANGAN & JAGALINGOU COUNCIL – on the Adani coal project and Aboriginal rights

May 30, 2019 Posted by | aboriginal issues, AUSTRALIA - NATIONAL | Leave a comment

The short term and then the long term health effects of Chernobyl nuclear disaster

it is estimated that 270,000 people in the Ukraine, Russia and Belarus who wouldn’t have otherwise developed cancers did develop these illnesses.

 

May 30, 2019 Posted by | General News | Leave a comment

Resources Minister Canavan enthuses for coal, Labor leader Albanese points out coal market problems

Resources Minister backs new coal plant as Labor reconsiders climate policy, Brisbane Times . By David Crowe
May 29, 2019 A new coal-fired power station is back on the federal government’s agenda in the wake of its election victory, with ministers supporting a major project in Queensland despite calls from environmentalists to accelerate the shift to renewable energy.Resources Minister Matt Canavan is backing the new power station proposal and pointing to the Coalition’s strong vote in his home state of Queensland to warn off critics from southern states who want to halt the project…….

The message comes as Opposition Leader Anthony Albanese embarks on a “listening tour” of Queensland and prepares to reconsider party policy on climate change.

The move also sets up a clash with the environmental movement over the Adani coal mine in Queensland and the Narrabri gas field in northern NSW, which Senator Canavan likened to “NSW’s Adani” because its approval has taken so long……..

Emboldened by their election victory, government ministers are challenging Labor to rethink its policies on the Adani mine, coal-fired power, a 45 per cent target to reduce emissions and the mechanism to be used to meet that target.

One day after Energy Minister Angus Taylor claimed an election mandate for the government’s 26 per cent target to reduce emissions, Senator Canavan claimed a mandate for coal-fired power……..

Mr Albanese made no criticism of the Adani coal mine while visiting the Queensland electorate of Longman on Tuesday, but he disputed whether there was any need for federal support for a coal-fired power station.

“Markets make those decisions, not governments,” he said during an interview with 2GB radio host Alan Jones.

“And the truth is that no one that I’m aware of in terms of any investor, in spite of the government’s rhetoric over the last two terms, no investor has come forward saying I want to put my money into investing in a coal-fired power station.” ……..https://www.brisbanetimes.com.au/politics/federal/resources-minister-backs-new-coal-plant-as-labor-reconsiders-climate-policy-20190528-p51s31.html

May 30, 2019 Posted by | AUSTRALIA - NATIONAL, politics | Leave a comment

Fast rising sea levels threaten Australia’s major airports

May 30, 2019 Posted by | AUSTRALIA - NATIONAL, climate change - global warming | Leave a comment

Europe’s Greens – big winners in European elections, supported by young voters

Guardian 28th May 2019 Europe’s Greens, big winners in Sunday’s European elections, will use
their newfound leverage in a fractured parliament to push an agenda of urgent climate action, social justice and civil liberties, the movement’s leaders say. “This was a great outcome for us – but we now also have a great responsibility, because voters have given us their trust,” Bas Eickhout, a Dutch MEP and the Greens’ co-lead candidate for commission president, told the Guardian.
“Our voters, especially the younger generation, for many of whom we are now their first choice, are deeply
concerned about the climate crisis, and they are pro-European – but they feel the EU is not delivering. They want us to change the course of Europe.”

https://www.theguardian.com/environment/2019/may/28/greens-eu-election-mandate-leverage-climate-policy

May 30, 2019 Posted by | General News | Leave a comment

Scotland the first country to set legally binding annual emission reduction targets

Scotsman 29th May 2019 ,  Scotland is leading way by being first country to set legally binding annual emission reduction targets, writes Jamie Livingstone, head of Oxfam Scotland. Earlier this month, Environment Secretary Roseanna Cunningham reaffirmed in the Scottish Parliament the First Minister’s declaration that we are facing a “climate emergency”.

It’s a phrase that’s suddenly in vogue among political leaders from Edinburgh to Cardiff, London, Dublin and
beyond. It’s not hard to see why. Politicians are feeling the climate heat after schoolchildren went on strike and campaigners brought prominent locations, including in Edinburgh, to a standstill.

A recent poll by Stop Climate Chaos Scotland shows 70 per cent of people in Scotland support further action on climate change. It follows dire warnings by climate scientists that we have until 2030 to avert a climate catastrophe.

Political language is, it seems, catching up with reality. And not before time. When I hear the words “climate emergency”, I picture Jenipher, a young woman from the Mulanje district of southern Malawi. When I met her in 2016, Malawi was suffering from the worst drought the country had experienced in over 30 years, one made worse by climate change. Jenipher’s crops had withered; her family was starving; her life depended on the rain
coming next season.

https://www.scotsman.com/news/opinion/columnists/the-heat-is-on-for-politicians-as-world-faces-a-growing-climate-emergency-jamie-livingstone-1-4936375

May 30, 2019 Posted by | General News | Leave a comment

High radiation levels found in giant clams near U.S. nuclear dump in Marshall Islands

High radiation levels found in giant clams near U.S. nuclear dump in Marshall Islands, By SUSANNE RUST and CAROLYN COLE, MAY 28, 2019,  MAJURO, MARSHALL ISLANDS

May 30, 2019 Posted by | General News | Leave a comment

New interactive map shows France’s many nuclear waste locations

 

Nuclear waste map of France published by Greenpeace,    https://www.connexionfrance.com/French-news/Nuclear-waste-map-of-France-published-by-environmental-activists-Greenpeace-on-issue    29 May, 19,  Nuclear waste is becoming a hot topic of discussion, as Greenpeace publishes a map of waste across France

A new interactive map showing the locations of nuclear waste across France has been published by environmental group Greenpeace, as part of its forthcoming campaign on the issue.

The map was published online this week, with the NGO aiming to “compile in a single place” all of the information it has on the location of radioactive material, to let people know how close they may be living to the waste.

The map categories include storage centres (at which the waste will be stored for 300 years minimum); nuclear centres that generate all forms of nuclear waste; more than 200 old uranium mines, operational up to 2001; factories and other plants; and radioactive waste from more than 70 military sites.

The data was collected from records of radioactive waste agency l’Agence Nationale pour la Gestion des Déchets Radioactifs (Andra).

The map does not include waste from medical use or research.

The map allows you to search by post code (Greenpeace.fr / Screenshot)Greenpeace is hoping to raise awareness and prompt debate over the extent of nuclear waste, and ask questions on the potential impact it may have. This also includes the impact of transporting nuclear waste by road or rail.

The group is also seeking to gather signatures and support for its national campaign on the issue, which it will later address to French ecology minister François de Rugy.

The map features a button saying “Agir! (Act!)”, allowing members of the public to add their support.

A public debate is set to be held on September 25 on this exact question – the issue of nuclear waste in France. It will be held on a platform via which the public will be able to ask for further information and have their say.

Nuclear waste disposal is also expected to be on the agenda at the G20 summit being held in Japan next month.

May 30, 2019 Posted by | General News | Leave a comment

Wind energy sets new records as strong investment and windy weather combine — RenewEconomy

Blustery conditions lead to record wind output in Australia’s main grid on Tuesday, as the Tesla big battery also plays heavily in the arbitrage market. The post Wind energy sets new records as strong investment and windy weather combine appeared first on RenewEconomy.

via Wind energy sets new records as strong investment and windy weather combine — RenewEconomy

May 30, 2019 Posted by | Uncategorized | Leave a comment

Galilee Basin “carbon bomb” about to explode as coal and gas developers rush in — RenewEconomy

Rush of new fossil fuel projects, egged on by the Coalition Government, is likely to push global emissions higher while ACCC warns gas producers on prices. The post Galilee Basin “carbon bomb” about to explode as coal and gas developers rush in appeared first on RenewEconomy.

via Galilee Basin “carbon bomb” about to explode as coal and gas developers rush in — RenewEconomy

May 30, 2019 Posted by | Uncategorized | Leave a comment