Uranium spot prices may be stuck in a slump post-Fukushima, but the nuclear power industry is showing signs of recovery.
Articles Tagged "nuclear reactors"
Both industry experts and market watchers are confident that uranium spot prices will begin to rise this year as nuclear power plants are constructed and commissioned around the world.
As many industry analysts predicted, uranium stocks rallied strongly following the Liberal Democratic Party’s landslide victory in Japan’s election.
Inside Toronto reported General Electric-Hitcahi plant opens door to media, processes uranium for nuclear reactors.
Bloomberg reported Areva SA (EPA:AREVA) is about to begin talks to sell its radiation-measurement unit Canberra to Astorg Partners SAS for more than 300 million euros.
Both President Obama and Republican presidential candidate Mitt Romney consider nuclear energy a crucial component of an “all-of-the-above” approach to energy production — as do most Americans.
Japan recently ended two months without nuclear power when it restarted one of Kansai Electric's nuclear reactors. New energy-efficiency targets and more approvals are expected to follow, but can Japan avoid a creeping dependence on fossil fuels to meet its energy needs?
Seeking Alpha reported Japan has reopened two nuclear reactors and plans to reopen more, which should stabilize the price of uranium in the coming months.
The long-term contract uranium price climbed 2.5 percent, from $60.00 to $61.50 per pound, marking its first increase since the beginning of 2011.
Uranium prospects remain bullish with projections of an inevitable supply deficit and 491 new reactors planned or proposed globally, a total of nine more than before Fukushima.