Uranium

Sellers stepped up the pace last week, sending the spot uranium price down yet again.

Uranium prices remain persistently low while sellers who need to offload product continue to do so.

The world’s biggest oil producer is looking to go nuclear with an extensive reactor building plan.

In order to avoid further cash burn ahead of a debt repayment obligation, Paladin Energy has suspended production at its flagship mine.

The spot uranium market saw a very quiet week as buyers and sellers stood their ground, leaving prices unchanged.

The Ikata unit 3 reactor was restarted last week, bringing the number of currently operational reactors in Japan to three.

The State of New York has relented in deciding to provide subsidies for nuclear power which should see plants saved for now.

The spot uranium price was boosted last week by some long-awaited utility demand.

The uranium market was at least pleased to hear last week several utilities are preparing to seek term delivery contracts.

As demand languishes, the uranium spot price has fallen to a new decade low.