Australian yellowcake now makes regular stops at New Zealand ports
New Zealand appears to have become preferred port-of-call for Australian yellowcake.
New Zealand appears to have become preferred port-of-call for Australian yellowcake.
Uranium spot prices unaltered in quiet market.
World’s fourth largest uranium producer looks to expand, significant power capacity additions required.
According to a new report published by the International Energy Agency on June 16, almost a quarter of the world’s electricity could be generated by nuclear power plants by 2050. The agency estimates that total nuclear capacity could grow to 1200GW, by that time, provided governments make clear and long-term commitments to supporting new build …
Uranium price remains stable. Saudi Arabia hosts plans to mine and enrich uranium to fuel power plants.
The uranium spot price stable in a relatively quiet market.
The spot price for uranium oxide remained stable in the week ended May 31, 2010 at US$40.75/lb, according to UxConsulting Company. TradeTech put its Uranium Spot Price Indicator at US$40.50/lb on May 28, effectively lowering it by US$0.25 WoW. The price fall occurred as sellers offered a decrease in price to motivate buyers. Six transactions …
The uranium oxide spot price fell by US$0.75 to US$40.75/lb during the week ended May 24 after remaining stable the previous week, according to Ux Consulting Company. The same price was noted three days earlier by TradeTech on May 21.
Eight transactions were concluded during the week with a non-US utility buying 300,000lb U3O8 equivalent. However, …
In many ways, it seems that 2010 could be argued to be a year in which China has well and truly occupied centre stage and with the possible exception of the World Expo currently under way in Shanghai, much of this has been generated by the country’s vast efforts to build for itself modern, clean and efficient infrastructure. In this article, IFandP takes a look at recent developments in China’s power sector and their wider ramifications.
Russia is ready to invest around US$1bn to develop uranium deposits in Namibia, the world’s fourth largest uranium producer, said Sergei Kiriyenko, CEO of Rosatom Corp. “If we’re successful in our commercial negotiations, we’re ready to invest about $1 billion in Namibia,” said Mr Kiriyenko. “These would be investments in gearing up for full-scale production, …
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