Uranium – Is It A Dead Market?

Uranium is a chemical element with the symbol U and atomic number 92. Uranium-238 is the most common isotope which means it has the same chemical properties and atomic number but differs in mass. Isotopes have the same number of protons and electrons, but a different number of neutrons. Uranium-238 has 146 neutrons while Uranium-235 …

Czech PM outlines nuclear expansion with state control over construction

Czech Prime Minister Andrej Babis on Thursday outlined the government’s plan to build a number of nuclear reactors, saying the state should control construction so it can halt the expansion should power prices fail to support the project. The government expects to sign a contract with majority state-owned CEZ to build one or more new …

Rosatom reportedly reaching new deal to complete Turkish nuclear plant

Rosatom, Russia’s state nuclear corporation, is close to reaching an agreement for a new partner in a nuclear power plant it is building on the Mediterranean coast of Turkey, according to Turkish media reports. For the last year, Rosatom has claimed it would finish the $20 billion nuclear power plant in Akkuyu by itself, after …

India, Argentina Sign MoU Memorandum Of Understanding For Cooperation In Nuclear Energy

India and Argentina Monday inked a Memorandum of Understanding to boost cooperation in the sector of nuclear energy. Jorge Faurie, Minister for Foreign Affairs, Argentina said his country has expertise in building small-capacity reactors and was looking to work with India in some third country in tripartite projects. “They (Prime Minister Narendra and Argentine President …

Glowing results for nuclear power at France’s EDF

A rebound in nuclear and hydroelectric production helped French power company EDF push operating profits higher last year, it said Friday while remaining cautious about the outlook for 2019. Operating profit climbed by 11 percent to 15.3 billion euros ($17.2 billion), slightly higher than the consensus of analyst forecasts compiled by data firm FactSet. Net …

Uranium Week: Chain Reaction

  As the trend in uranium prices remains upward, signs on the demand-side are somewhat at odds. -U3O8 spot price dips -More US reactor shutdowns threatened -Shutdowns underway elsewhere By Greg Peel Off-market utility demand emerged early last week, industry consultant TradeTech reports, forcing a rise in spot uranium prices. But once sellers were notified they …