The Bullion Vault reported that, given Russia's dominance in both the supply and conversion sectors of the uranium market, some believe that Putin is aggressively trying to corner the market, as he announces plans to ramp up production.
Energy Market News Directory
Money Morning reported that, given the demand in emerging markets for uranium, there is an expectation that uranium prices will rebound.
Phys.org reported that calculations made by Rice University showed that a graphene-boron anode should be able to hold a lot of lithium and perform at a proper voltage for use in lithium-ion batteries.
Roskill provided analysis on the future of the lithium market. The company determined that rechargeable batteries accounted for 27 percent of global lithium consumption in 2012. The end use of batteries was responsible for 44 percent of the net increase in lithium consumption over the lat ten years and 70 percent over the last five.
USA Today reported that a drop in the price of gas has pulled April's consumer price indext figures down 0.4% from March — the lowest since December 2008.
The Washington Post reported that oil prices fell below $93 on the back of disappointing economic reports from Europe and the U.S.
Platts reported that more 12- and 24-hour strikes at Port Waratah Coal Services' coal export terminals, located at the Australia-based Newcastle port, have been endorsed by union-affiliated workers.
Bloomberg reported that China has suspended production at all Sichuan coal mines following a May 11 explosion that killed 28 workers and injured 18 others. The stoppages are not likely to affect coal prices nationwide.
The Sydney Morning Herald is questioning Australia's decision to sell uranium to the United Arab Emirates, given its record on democracy and because of its political volatility.
People's Daily Online reported that as many as half of the coal companies in Ordos, which is "one of the major domestic coal producing regions in the Inner Mongolia autonomous region," have reduced or halted coal production due to falling electricity consumption and increased use of hydropower.