Nuclear Power Capacity Shows Signs of Growth Two Years Post-Fukushima
Uranium spot prices may be stuck in a slump post-Fukushima, but the nuclear power industry is showing signs of recovery.
Uranium spot prices may be stuck in a slump post-Fukushima, but the nuclear power industry is showing signs of recovery.
Major companies like AREVA and Cameco understand how important it is to mitigate risks such as fighting in Mali and Nigerian resource nationalism by geographically diversifying their assets.
Germany's views on the nuclear renaissance may have flipped, but nations like China, France, Argentina, Bangladesh and even oil-rich Saudi Arabia are staying the course.
Reuters reported Areva (EPA:AREVA) has signed contracts to supply more than 30,000 tonnes of natural uranium to power group EDF (EPA:EDF) from 2014 to 2035
Bloomberg reported Areva SA (EPA:AREVA) said it plans to sell its nuclear radiation measurement unit to Canberra.
Bloomberg reported China National Nuclear Corp. said it’s in talks to buy a stake in uranium mines owned by Areva SA (EPA:AREVA) .
Reuters reported Iran's envoy to France has made it clear the nation is unwilling to negotiate its right to enrich uranium.
Reuters reported Areva (EPA:AREVA) says it will continue with its strategy to work under partnerships in the mining sector rather than opening up the company to outside investors.
CNBC reported Areva (EPA:AREVA) has lost $3.2 million in 2011 because of increased costs, management changes and mining troubles.
Platts reported French industrial power demands have fallen so far in 2012.
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