As a general rule, the most successful man in life is the man who has the best information. Uranium sector won’t catch a break One week ago Cameco announced it will maintain low output levels until uranium prices recover. The Canadian uranium miner also said it might cut production further, having already closed four mines in …
As uranium bulls, we are getting excited for the last few months of 2019 – which could see the uranium price appreciate materially. We are expecting the spot price of uranium to close the year somewhere between $30 and $35 (current spot price is $25.65). This potential 20% rise in the spot uranium price should …
JSC National Atomic Company “Kazatomprom” (“Kazatomprom” or “the Company”) announces today that it has signed a commercial agreement to supply natural uranium to the Brazilian state company, Indústrias Nucleares do Brasil (INB). Kazatomprom was successful in winning INB’s commercial competition to supply natural uranium hexafluoride for the needs of the Brazilian nuclear power industry (http://www.inb.gov.br/Acesso-a-Informacao/Licitacoes-e-contratos/Licitacoes). …
Electricite de France SA, which dominates the nation’s power production, said some of its reactors may contain substandard components. The utility’s shares tumbled. EDF didn’t say if any of the country’s 58 reactors will have to be halted, but electricity prices surged in anticipation of shutdowns. The announcement is another blow to the nuclear industry …
Nuclear must be part of a fossil-free future, but the industry first needs to address the cost of constructing new reactors, Magnus Hall, CEO of Swedish utility Vattenfall AB, told delegates attending World Nuclear Association Symposium 2019 in London. Hall – who is also chairman of Eurelectric, the association of European electricity generators – said …
Canadian miner Cameco (CCO.TO) said it will hold down output until uranium prices recover and it could cut production further, although nuclear reactor life extensions in France and newbuilds in China, the UAE and Britain bring some hope. Since the 2011 Fukushima nuclear disaster, Japan, Germany and other countries have closed dozens of reactors, which …
Canadian miner Cameco said it will hold down output until uranium prices recover and it could cut production further, although nuclear reactor life extensions in France and newbuilds in China, the UAE and Britain bring some hope. Since the 2011 Fukushima nuclear disaster, Japan, Germany and other countries have closed dozens of reactors, which has …
Energy bears might be forgiven for thinking that oil may not have much upside left, after a year that technically should have seen prices in the black gold go through the roof. Instead, oil prices have been kept as flat as possible, despite one potential bottleneck after another, and that trend could continue as the …
In the ongoing mash-up of the tragic and the trifling that is the modern news cycle, one crucial story getting far too little attention is President Trump’s effort to revive the U.S. nuclear power industry. The nuclear fuel cycle is vital to our nation in terms of the power that nuclear energy can provide (without …
Expert who led 2006 review says ban on nuclear should be lifted, but much more overseas evidence is needed on small modular reactors. It will be about a decade before it is clear whether small nuclear reactors are suitable for Australia and would take about 15 years to bring a plant online if a decision …
