The turning point for the uranium market could possibly be around the next bend as Japan released first draft of its energy policy highlighting the importance of nuclear energy.
Articles Tagged "Fukushima"
USA Today reported that while Japan's reactors are once more offline for maintenance and refueling, the company remains committed to nuclear power.
News that toxic leaks out of Japan's Fukushima Daiichi nuclear plant are still going strong are raising concerns about the status of Japan's nuclear future
Ongoing problems at the disaster-stricken Fukushima Daiichi nuclear power plant aren’t helping Japanese citizens' perceptions of nuclear power’s safety.
Bloomberg reported that uranium’s rally, after a poor performance in the last 3 years, has faltered on signs that Japan will keep only a handful of its reactors offline in 2013.
Uranium spot prices may be stuck in a slump post-Fukushima, but the nuclear power industry is showing signs of recovery.
Bloomberg reported that Cameco Corp., said Japan is making efforts to step up uranium imports and believes the government intends to allow unused reactors to restart.
Nuclear energy expert Tom Drolet speaks with Andrew Topf, the INN's senior editor, about what the future holds for uranium and nuclear power.
Financial Post reported that Uranium business continues to struggle since the Fukushima nuclear facility crisis in March 2011. The spot price of Uranium has taken a dip to nearly US$40 per pound, from its US$135 per pound price in 2007.
In this post-Fukushima world, uranium investors need to remember a key fact about the U3O8 spot price: utilities are not responsible for the recent noteworthy decline to just over $40 per pound — the lowest weekly level since March 2010, a full year before Fukushima.