The DailyReckoning reports though uranium prices are slightly lower, China buys its major uranium supplies from the uranium giant, Cameco Corp. On June 24, China agreed to buy more than 10,000 tons of uranium oxide – yellowcake – over 10 years from Cameco.According to Thomas Neff, a physicist and uranium industry analyst at the Massachusetts [...]
Bestcashcow.com reports on the demand for uranium and nuclear energy in this era. This article simply presents the current demand for Uranium and potential demand in the future in an amalgam of demand facts, because whether environmentalists like it or not, Uranium – and nuclear power, is going to drive the future (possibly literally). Nuclear [...]
World Nuclear News reports Kazakhstan’s newest in-situ leach (ISL) uranium mine, Kharasan 1, has been officially opened. The mine is expected to produce 180 tonnes of uranium in 2009, reaching its full capacity of 3000 tonnes of uranium per year in 2014. It is expected to operate until 2053. The mine has taken three years [...]
New Kerala.com reports France will sell uranium to India according to a top French bureaucrat. Addressing reporters in India’s national capital Levitte said that India was receiving such a huge quantity of uranium after three decades. “We will sell to India 300 tonnes of uranium which is, I think for the first time in 34 [...]
The Australian Business reports despite Rio Tinto’s slow down plans, uranium is still hot. The news is an indication that uranium has not be included in recently announced plans to delay expansion. Speaking at the mine last week, Rossing managing director Mike Leech said the goal of growing to 5500 tonnes of uranium by 2012, outlined [...]
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