Hope To Send Uranium Shipment To India In Near Future: Australia

Australia’s High Commissioner to India, Harinder Sidhu, on Tuesday expressed hope that the country would be sending a consignment of uranium to India in the “near future”. Speaking at the Australia Fest in Delhi, Mr Sidhu said, “Foreign Minister Julie Bishop was here (in India last year) and after prime minister’s visit, she had mentioned …

Here’s why investors are starting to put uranium in the battery metal basket

It’s clear that electric cars will have a huge impact on battery metals — but not many investors realise the impact they will have on demand for uranium. Electric vehicles (or “EVs”) will be charged from mains power around the clock, dramatically increasing power demand from the electricity grid in coming years. Nuclear power is expected to play a crucial role …

French Orano opens uranium conversion plant despite glut

French nuclear group Orano on Monday inaugurated a 1.15 billion euro (1.02 billion pounds) uranium conversion plant despite huge global overcapacity for nuclear reactor fuel. State-owned Orano’s new plant in Tricastin, southern France, will account for a quarter of the world’s 60,000-tonne annual uranium hexafluoride (UF6) production capacity when it fully ramps up in 2021 …

UComps: Battling the Odds – How Uranium Explorers survive (and thrive) during the worst of times

EXCLUSIVE TO SIGHTLINE U3O8 – In 2011, after suffering nearly three years of declining U3O8 prices, uranium companies were energized at what appeared to be a rapid return in the spot price as it leapt nearly 50% to close the month of February at US$70.00.  Two weeks later, the excitement came to an abrupt halt …