The uranium market has enjoyed a recent resurgence of initial public stock offerings, amid prospects for significant growth in demand from emerging markets. “In terms of an investment thesis today, there is perhaps no better commodity than uranium with its bull market finally under way on tightening fundamentals,” says Scott Melbye, executive vice president of …
France could shut down up to six nuclear reactors by 2028 among other options, French media reported, as part of its medium-term energy policy to be presented next week. “I can confirm that there are three scenarios on the table that we are looking at, we are making final adjustments and all will be presented …
Detailed plans for a new nuclear power plant including road improvements, park and ride sites and worker accommodation will be put to the public next year. EDF Energy has announced the third consultation on its plans for Sizewell C on the Suffolk coast will start on 4 January. The £16bn plant would be built next …
Cameco (TSX:CCO)(NYSE:CCJ) can never catch a break. The beleaguered uranium miner has been stuck on a cliff over the past few years, as depressed uranium demand and a glut in the supply of uranium that is available on the market continue to keep both demand and prices at lows. Uranium is the primary fuel used …
Saudi Energy Minister Khalid al-Falih addresses the gathering during India Energy Forum in New Delhi, India, October 15, 2018. REUTERS/Adnan Abidi/File Photo Saudi energy minister Khalid al-Falih said on Monday the kingdom had launched a uranium exploration program and initial indications were positive, Al-Arabiya Business reported on Twitter. Falih added that a project to construct …
Seven out of 10 South Koreans are happy with power sourcing from cheap nuclear reactors and do not agree with the government’s plan to phase out nuclear fuel. Based on the public survey, the Korean Nuclear Society and a council of 200 energy science professors on Monday urged the liberal government to reexamine its energy …
BMO Capital Markets has initiated coverage of Kazakhstan-based uranium producer Kazatomprom (LON: KAP), with an outperform rating and a target price of $17 per share. The company recently listed about 15% of its stock on Kazakhstan’s new Astana Stock Exchange (AIX) and U.S. dollar-denominated global depository receipts (GDRs) on the London Stock Exchange. Kazakhstan’s sovereign …
France aims to reduce the share of electricity produced by nuclear reactors to 50 percent from 75 percent now by 2035, Environment Minister Francois de Rugy said on Sunday. The French government has long outlined plans to shrink the country’s reliance on nuclear energy to 50 percent, though the deadline for that goal had remained …
Kazakhstan will start exporting uranium to Ukraine. Today the country is exporting raw materials to China, the United States, France, India and Canada. A national nuclear company has won a tender for export of uranium oxide concentrate. GENNADIY KOBAL, DIRECTOR, INTERNATIONAL EXPERT COMPANY: – The tender was announced for a total purchase of 1,200 tonnes. …
As the energy generation space faces ongoing change, the world is also seeing growth in uranium demand. Few, if any, other energy sources are as misunderstood as nuclear energy. Following the end of the second world war, nuclear was seen by many in the public and in the energy sector as the energy of the …
