Articles Tagged "Japan"

Uranium Price Holding Ground as Market Moves to Q2

Uranium – The uranium spot price has seen an 11.3-percent rise in 2015, but is currently holding steady at $39.50 per pound of U3O8. While that might sound a little disheartening, Raymond James analyst David Sadowski pointed out in a recent note that the spot market saw some healthy activity in March, with total volume amounting to 6.9 million pounds U3O8e done across 32 deals.

Japan Plans to Scrap First Nuclear Reactors Since Fukushima

Uranium – Reuters reported Tuesday that two Japanese power companies plan to scrap three older nuclear reactors, which will be the first batch to officially close after the Fukushima nuclear disaster in 2011. Local media said two other are likely to be closed we well, with announcements expected later on this week.