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Fission Uranium Corp T.FCU

Alternate Symbol(s):  FCUUF

Fission Uranium Corp. is a Canada-based uranium company and the owner/developer of the high-grade, near-surface Triple R uranium deposit. The Company is the 100% owner of the Patterson Lake South uranium property. Its Patterson Lake South (PLS) project, which hosts the Triple R deposit, a large, high-grade and near-surface uranium deposit that occurs within a 3.18 kilometers (km) mineralized trend along the Patterson Lake Conductive Corridor. The property comprises over 17 contiguous claims totaling 31,039 hectares and is located geographically in the south-west margin of Saskatchewan’s Athabasca Basin. Additionally, the Company has the West Cluff property comprising three claims totaling approximately 11,148-hectares and the La Rocque property comprising two claims totaling over 959 hectares in the western Athabasca Basin region of northern Saskatchewan. The La Rocque property is prospective for high-grade uranium and is located five km south of Cameco’s La Rocque Uranium Zone.


TSX:FCU - Post by User

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Post by L0NDONTRADERon Aug 01, 2017 5:14pm
166 Views
Post# 26535420

Amount of plutonium-uranium held by Japan falls

Amount of plutonium-uranium held by Japan falls

Japan’s stockpile of plutonium kept inside and outside the country fell slightly at the end of 2016 from a year earlier with the restart of nuclear reactors using plutonium-uranium mixed oxide fuel, the Cabinet Office said Tuesday.

The decrease of around 1 ton to about 46.9 tons was the first decline since the end of 2012. But there remains little prospect of fully reusing the supply in the nation’s commercial reactors. The large amount of plutonium, which could be used to make nuclear weapons, remains a proliferation risk.

 

 

The Cabinet Office reported the decline to the Japan Atomic Energy Commission.

The drop was attributed to the restart of two reactors at Kansai Electric Power Co.’s Takahama plant in Fukui Prefecture that use mixed oxide fuel — known as MOX — created from plutonium and uranium reprocessed from spent fuel.

Although the government plans to draw down its plutonium supply through the use of MOX, the future of an envisioned fuel recycling project has grown increasingly uncertain.

Most nuclear plants in the country remain offline amid safety concerns following the 2011 Fukushima nuclear disaster, and MOX power generation has been planned for only a limited number of reactors.

“There may be some ups and downs in the amount possessed in the coming years, but in the long term, we believe it is important to reduce the amount and sufficiently explain the situation,” said Yoshiaki Oka, chairman of the Japan Atomic Energy Commission.

Of Japan’s roughly 46.9 tons of plutonium, about 9.8 tons was stored in Japan and the remaining 37.1 in Britain and France, where spent nuclear fuel from Japanese plants is being reprocessed.

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