Summary Uranium has been cheap for years, but the market has been waiting for a catalyst. Rising in oil prices in yen terms are putting pressure on Japan to reactivate plants. Pressure is coming on supply side as well just as new plants come online. Fundamentally, the bull case for uranium is that Uranium prices …
EXCLUSIVE TO SIGHTLINEU3O8 – For the uranium investor that was long in February and March of this year, the sudden uranium equity price drops and general volatility may have been surprising. With price drops of almost 30% in some equities, uranium investors were undoubtedly taken by surprise. The February/March drop was largely caused by changes …
Australian-based uranium miner, Paladin Energy has recorded a 23 percent decline in the production at its Namibia Langer Heinrich Mine during the fourth quarter ending in March 2018.During the period under review, the Langer Heinrich Mine produced 670,456 pounds (lbs) of uranium oxide compared to 873,107 lbs produced in quarter three which ended in December …
BEIJING, April 30 (Xinhua) — The Chinese mainland now has 38 nuclear power units in operation, with a total installed capacity of 36.93 million kilowatts, according to China Nuclear Energy Association (CNEA). Most of the nuclear power units are located in southeast China’s coastal provinces, whose nuclear power generation makes up about 15 to 25 …
India’s government-owned National Nuclear Power Corp. (NPCIL) in March signed cooperation agreements for equipment and construction related to the massive 9,900-MW Jaitapur project in Maharashtra, the world’s largest nuclear plant project in terms of generation capacity. Jaitapur is the key project in nuclear collaboration between India and France, which was first broached in 2009 when …
First concrete was poured yesterday into what will become the foundations for the nuclear island buildings of unit 1 of the Kursk II nuclear power plant in western Russia. This is the first of the VVER-TOI (typical optimised, with enhanced information) design nuclear reactors. More than 16,000 cubic meters of self-compacting concrete mix will be …
Growth in world uranium inventories is slowing as the supply sector is responding to a gradual recovery in uranium demand, according to speakers at the World Nuclear Fuel Cycle (WNFC) conference held in Madrid on 18-19 April. Uranium resources remain plentiful, but the investment needed to bring resources into production depends heavily on the market, …
VANCOUVER (miningweekly.com) – Canadian uranium major Cameco is settling in to a more relaxed pace of business as it rides out the uranium price doldrums, with two of its best assets languishing on care and maintenance. President and CEO Tim Gitzel noted on Friday that “unprecedented noise in the political economy” are yet to translate …
WASHINGTON, D.C. – U.S. Energy Secretary Rick Perry and François Jacq, Chairman of France’s Alternative Energies and Atomic Energy Commission (CEA), seized the occasion of President Trump’s Head-of-State welcome for French President Emmanuel Macron to sign two Statements of Intent (SOIs). The signing ushers in a new era of DOE-CEA research and development (R&D) cooperation …
WASHINGTON, D.C. – U.S. Secretary of Energy Rick Perry announced today that the U.S. Department of Energy (DOE) has selected 13 projects to receive approximately $60 million in federal funding for cost-shared research and development for advanced nuclear technologies. These selections are the first under DOE’s Office of Nuclear Energy’s U.S. Industry Opportunities for Advanced …
