EXCLUSIVE TO SIGHTLINE U3O8 –This month’s UComparables edition will focus on the Uranium Developers and the simple metrics of their key project’s stage of development – specifically, resource size, grade and mining method. As stated in the past, it is not our intention to provide analysis or opinion as to the investment potential of these …
EXCLUSIVE TO SIGHTLINE U3O8 – When engaging with various members of sightlineu3o8.com, we are often asked about the models we use to predict long-term and spot U3O8 prices. With uranium prices at all time lows and suppliers implementing production cuts to incentivize prices back up, regular readers are anxious to integrate our forecasts into their …
In 1981, the Cigar Lake uranium deposit was discovered in Saskatchewan’s Athabasca Basin. A monster in its day, eventually sizing up at 290MM lbs. of U3O8 at a mine grade of 15%! Seven years later and 45 km (28 miles) away the McArthur River deposit was found, dwarfing Cigar with its 500MM lbs. of U3O8 …
EXCLUSIVE TO SIGHTLINE|U3O8 – Anyone who follows the uranium market is familiar with Canada’s legendary Athabasca Basin (the “Basin”) – host to the “world’s richest uranium deposits with U3O8 grades reaching 10 times that seen around the rest of the world”. Most, however, may not be familiar the true bounty of the region’s uranium stores …
EXCLUSIVE TO SIGHTLINE U3O8 – With major uranium producers committing to supply cuts in response to record low U3O8 prices, the industry is poised for a strong price trend reversal. As producers take steps to drive U3O8 prices upward, examining the demand side of the U equation becomes critical. Many headlines would suggest that Uranium …
EXCLUSIVE TO SIGHTLINE U3O8 – As discussed last month in Part 1, many analysts will cite uranium underfeeding (enrichment of tail assays) and subsequent sale of low-enriched uranium (LEU) on the spot market as one of the key drivers behind the fall of U3O8 prices. Lower demand drove enrichers to increase underfeeding to prop up …
EXCLUSIVE TO SOURCELINE U3O8 – Since 2007, U3O8 prices have largely been moving in one direction – down. With long-term and spot prices languishing at 12-year lows, the uranium sector has been struggling over the past few years. Many analysts will cite uranium underfeeding and the subsequent sale of additional enriched uranium on the spot …
U3O8 spot prices experienced growth in Q2, reversing a downward trend experienced in late 2017 and early 2018. Prices were at US$22.80 per pound as of June 30, up slightly from US$22.62 month-on-month, however during the quarter prices were up by as much as 15 percent. Despite improvement in the month over month trend, U308 …
Molly Thomas at CTV News and Chris Frostad, President & CEO of Purepoint Uranium Group Inc.discuss the potential impact of uranium tariffs on the Canadian economy should such tariffs be levied against Canada. http://purepoint.ca/videos/
The post Yellow Cake Debut described the capital raising effort of one of the newest players in the uranium supply chain. Yellow Cake leadership brought the aspiring intermediary to the capital market at a critical time for uranium producers. The uranium market has been in an extended trough period since the industry peak in 2007. At that time …
Congress would likely have an easier time supporting restrictions on uranium imports – given their use as nuclear power plant fuel. The United States Department of Commerce has launched an investigation to determine if uranium imports threaten national security, raising questions about whether Canadian producers will be exempted from any potential trade restrictions. The investigation, …
Japanese imports of liquefied natural gas (LNG) in June fell to the lowest in more than two years as the country’s utilities switched on more nuclear reactors that had been shut in the wake of the Fukushima atomic disaster in 2011. Japan has six reactors operating and three others have passed safety inspections and could …
The Trump Administration’s decision to levy tariffs on steel and aluminum imports on national security grounds is controversial. Usually, national security is understood in a more direct sense. The relationship between national security and trade has not been well developed in trade law. Surely, probing and pressing in this area is not illegitimate. The idea …
Japan’s nuclear watchdog on Wednesday granted its first approval for a plan to reuse nuclear fuel taken out of decommissioned reactors in operational ones. The decision will allow Kansai Electric Power Co., the operator of the Oi nuclear power plant in central Japan, to load some nuclear fuel assemblies from its scrapped No. 1 and …
The University of Manchester’s Dalton Nuclear Institute is taking a revolutionary new approach to nuclear-related research by encouraging a lasting engagement between ‘traditional’ nuclear sciences and social science researchers. Here, Professor Richard Taylor explains why this new interdisciplinary approach, in the form of The Beam Network, is long overdue in a sector that has been dominated by rigid …
Saudi Arabia’s nuclear energy organisation is hosting a delegation from the intergovernmental International Atomic Energy Agency (IAEA) for a 10-day review of its nuclear plans The review comes as the kingdom pursues the building of at least two nuclear plants to help diversify its energy mix. It has been in talks with firms from South …
The Trump administration plans to open an investigation into whether uranium imports are harming national security, a move that could lead to tariffs on foreign shipments of the metal, said three people familiar with the matter. U.S. uranium producers Energy Fuels Inc. and Ur-Energy Inc. filed a petition in January asking the Commerce Department to …