Articles Tagged "Japan"

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

Uranium – 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.

Jack Lifton on NovX21′s Platinum-group Metals Recycling Technology

Platinum – Last week, Jack Lifton was on the road with NovX21. Resource Investing News was able to catch up with him to get more insight into the company and PGMs recycling. NovX21 has a unique process for recycling PGMs from catalytic converters, and according to Lifton, it marks an important development for the space.

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.