Japanese private utilities firms have some stiff competition especially when it comes to state-backed utilities companies looking to secure uranium and nuclear contracts, especially Korean companies.
“Uranium in particular stands to benefit from the nuclear renaissance, in our view, which appears to be kicking into high gear,” says Bart Jaworski, analyst at Raymond James.
Japan, which obtains [...]
While China may be home the most civilian nuclear plants currently under construction, many countries in the Middle East are looking to develop nuclear power projects.
In the most recent nuclear power developments out of the Middle East, the United Arab Emirates (UAE), the world’s third largest oil exporter, signed a $40 billion agreement with a [...]
Iron Investing News reports growing pressure on iron ore prices.
Commodity prices, including iron ore, plunged in the second half of last year as the U.S., European and Japanese economies slid into recession. Car makers, consumer-goods manufacturers and builders have cut orders for steel, weighing on iron-ore demand.
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Iron Investing News reports the heat is on with iron ore purchases.
“We’ve never heard of any steel mill in China who has said they wouldn’t prefer a benchmark, as the spot price is dangerously volatile,” he said on the sidelines of a conference. “Those that choose not to follow it, then they have to choose [...]
Uranium Investing News reports Canada and Australia clinched the highest spot of world uranium output in 2007.
Uranium mining and production is now on the rise in African nations such as Namibia (7 per cent in 2007), Niger (8 per cent ) and South Africa (1 per cent). Botswana may soon join the ranks of its [...]
Wednesday, February 10, 2010
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