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 …
There are many people that believe that Bitcoin (BTC) and virtual currencies have experienced a bull run in 2017 that will never happen again. That means, they think it was a once-in-a-lifetime phenomenon. However, there might be a new commodity that could surprise investors in the future and become even bigger than Bitcoin. What is Uranium …
Kyushu Electric Power Co. said Wednesday it has decided to scrap its aging No. 2 reactor at its Genkai nuclear plant in Saga Prefecture. The utility abandoned a plan to restart the unit, which has an output of 559 megawatts, in the face of the huge costs involved in enhancing the safety of the reactor …
Spain aims to close all seven of its nuclear plants between 2025 and 2035 as part of plans to generate all the country’s electricity from renewable sources by 2050. Energy Minister Teresa Ribera announced the move on Tuesday (Feb 12), just as the Socialist government gears up to call an early national election in anticipation …
The first nuclear power plant in Uzbekistan is a national project that can be considered a reason for pride, Trend reports with reference to the IAEA expert John Haddad. The seminar of the International Atomic Energy Agency (IAEA) was held in Uzbek capital from 4 to 6 February 2019. It became the first large-scale seminar …
A ceremony has been held to mark the loading of the first fuel into unit 4 at South Korea’s Shin Kori nuclear power plant. The country’s nuclear regulator gave Korea Hydro & Nuclear Power (KHNP) permission to start up the APR1400 unit on 1 February. The event, on 7 February, marked the loading of the …
THE uranium market was turning around and this time it was for real after being depressed for the past decade during which price recoveries were predicted on several occasions but never materialised. That was the view from a panel discussion on uranium held at the Investing in African Mining Indaba taking place in Cape Town. …
The Kazakh uranium miner produced 7.6 million pounds of U3O8 in the December quarter, taking its full-year attributable production to 29.8Mlb, a 7% fall year-on-year and in line with its plan to keep 20% below permitted output. Kazatomprom’s London listing means it now has to put out quarterly total and attributable production numbers, although the …
Five countries have submitted their requests for the establishment of two nuclear reactors in Saudi Arabia on the Arabian Gulf coast. The bid was made after the peaceful Saudi nuclear project met the requirements of the International Atomic Energy Agency (IAEA). The oil-rich Kingdom launched a tender to define specifications of sites that will host …
China’s nuclear power generation increased in 2018 as the country installed more reactor units, official data showed. Altogether 294.4 billion kWh of nuclear power was generated last year, up 18.6 percent year on year, according to the China Electricity Council (CEC). It accounted for 4.2 percent of the country’s overall electricity generation, saving 90 million …