Uranium Spot Price Slides on Supply
Uranium – The uranium spot price plunged $1.35 this past week, to $40.90 per pound, as a lack of market activity and reports of new problems with Chinese imports prompted sellers to lower offer prices
Uranium – The uranium spot price plunged $1.35 this past week, to $40.90 per pound, as a lack of market activity and reports of new problems with Chinese imports prompted sellers to lower offer prices
Uranium – Acquiring potable water resources and maximizing the value of oil and gas resources are the two most salient reasons for the push toward nuclear power generation in the Middle East.
The Commodity Investor weighs in on how investors can benefit from a concession that is coming up for renewal in the United Arab Emirates.
Uranium – Uranium market news is slow heading into the holidays, but signs that the world is moving toward increased use of nuclear power are evident.
Gold – Need proof that individuals seeking safety flock to gold? Look at Iran, where demand for the metal is growing as the impact of sanctions becomes more severe.
Uranium – Globe and Mail reported a new nuclear deal between the Canadian government and United Arab Emirates has settled a two-year long spat between the two nations.
Uranium – Barakah One, a nuclear power company based in the United Arab Emirates, recently received a $2 billion loan that will allow it to construct the country's first nuclear power plant. The nuclear situation in Iran is less rosy.
Uranium – Platts reported Areva (EPA:AREVA) will supply enriched uranium for eight years to four of Emirates Nuclear Energy's planned Barakah units.
Uranium – Bloomberg reported the Emirates Nuclear Energy Corp. in theUnited Arab Emirates has awarded uranium supply contracts worth about $3 billion.
Uranium – SMH reported Australia has agreed to sell uranium to the United Arab Emirates as the nation plans a switch to nuclear power.
Get our independent commentary on resource trends and companies delivered to your inbox.