Article Directory

SQM: Lithium Price Up 10 Percent in Q1

SQM put out its Q1 results this week, and while the world's biggest lithium producer reported decreased revenues, there was a bit of good news for the lithium space. The company said the lithium price was higher for the quarter, noting that overall it expects it to be higher than it was in 2014.

TEPCO’s Uranium Stockpile Sale Likely a ‘One-Off’ Move

News surfaced recently that Tokyo Electric Power, or TEPCO, which has not consumed uranium since the 2011 Fukushima nuclear crisis, is planning to sell part of its uranium stockpile during its 2015 fiscal year in an effort to cut costs. The sale could add 6.56 million pounds of U3O8 equivalent to the spot market.

Pure Energy Minerals Expands MOU with POSCO

Pure Energy Minerals announced that it has signed an expanded non-binding memorandum of understanding (MOU) with Korean Steelmaker POSCO. The new document expands the scope of an MOU signed last March to include other considerations such as the development of business relationships with potential customers and "consolidation with other lithium development properties/lithium producers."

Lithium Demand Will Grow Faster Than Bulls Imagine

Peter Epstein weighs in on the lithium market in light of the recent commotion surrounding Tesla's gigafactory. In particular, he shares his thoughts on Pure Energy Minerals and Dajin Resources.

‘Slight Rebound’ for Uranium Price in First Week of May

The uranium spot price may have held its ground moving into April, but as the month wore on it dipped to $38.25 per pound of U3O8. The price slipped even further last week, and on May 4 recorded its largest one-week fall since November 2014. Fortunately for uranium fans there was some brighter news towards the end of last week.