Uranium (Nuclear Energy)

Re: Uranium (Nuclear Energy)

Postby winston » Sun Apr 22, 2018 9:30 am

This is the Best Way to Invest in Uranium Right Now

Source: Money Morning

Uranium only makes up 2% to 3% of a power plant’s operating costs. That means the price of uranium can rise substantially without making nuclear power prohibitively expensive.

Nuclear power plants currently produce about 20% of the United States’ power. They’re clean and more reliable than wind or solar, which need the right conditions to be completely reliable.

The United States is also the biggest uranium consumer globally, using about 50 million pounds every year. Yet just 2.7 million pounds are produced annually in the United States.

Nearly half of the United States’ uranium imports come from Russia and Kazakhstan, which make up 14% and 24% of imports, respectively.

U.S.-based uranium producers has petitioned the government to stop cheap uranium imports.
They argued that Kazakhstan, Russia, and Uzbekistan, which together supply more than 40% of the uranium the United States uses, hurt the uranium market in the U.S. and keep prices artificially below the price they could be.

Krauth’s favorite way to invest in uranium is via the Global X Uranium ETF (NYSE Arca: URA).


Source: Daily Trade Alert

http://dailytradealert.com/2018/04/21/t ... right-now/
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Re: Uranium (Nuclear Energy)

Postby winston » Sat Jun 09, 2018 6:19 am

vested in Cameco (CCJ)

Xi Jinping, Vladimir Putin hail ‘all-time high’ in ties, sign US$3 billion of nuclear deals

Nuclear power deals signed by the two leaders in Beijing – the biggest such cooperation agreements between the two countries, reached after more than two years of negotiations – cover three projects including the Tianwan plant in Jiangsu and the Xudabao facility in Liaoning, state-run China National Nuclear Corporation said in a statement.


Source: SCMP

http://www.scmp.com/news/china/diplomac ... -ties-sign
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Re: Uranium (Nuclear Energy)

Postby winston » Sat Jun 09, 2018 9:14 am

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US Has Only 1 Operating Uranium Mill Left

America now relies on other nations for 93 percent of its uranium, posing a national security risk

By Jasper Fakkert

Domestic production of uranium concentrate fell by another 16 percent last year, which is the lowest annual production since 2004.

American nuclear power plant operators have supplies that on average would last only one year.

Russia, Kazakhstan, and Uzbekistan account together for a combined 32 percent of all uranium imported into the United States.




Source: Epoch Times

https://www.theepochtimes.com/u-s-has-o ... -238084345
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Re: Uranium (Nuclear Energy)

Postby winston » Fri Jun 22, 2018 5:32 am

How Trump could spark the next rip-your-face-off rally

Source: Daily Crux

http://thecrux.com/how-trump-could-spar ... off-rally/
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Re: Uranium (Nuclear Energy)

Postby winston » Fri Jun 29, 2018 1:05 pm

Researchers Fish Yellowcake Uranium From the Sea With a Piece of Yarn

For decades, researchers have attempted to capture uranium dissolved in the world’s oceans and convert it to fuel for nuclear power plants

By David C Wagman

A 2017 assessment by the World Nuclear Association says that roughly 445 reactors worldwide, with a combined 390 gigawatts of generating capacity, require around 75,000 tons of uranium oxide concentrate each year to operate.

The LCW-developed extraction method will need a price of $180-$280/kg to be economical.


Source: IEEE

https://spectrum.ieee.org/energywise/en ... esearchers
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Re: Uranium (Nuclear Energy)

Postby winston » Wed Jul 18, 2018 6:21 pm

U.S. Plans Uranium Import Probe That May Lead to Tariffs

By Jennifer Jacobs , Andrew Mayeda , Jim Efstathiou Jr , and Joe Deaux

Energy Fuels, Ur-Energy have requested Section 232 probe
Uranium investigation may add to growing trade tensions

Imposing uranium duties would deal another blow to nuclear power plants already struggling with low electricity prices and flat demand.


Source: Bloomberg

https://www.bloomberg.com/news/articles ... mpaign=bop
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Re: Uranium (Nuclear Energy)

Postby winston » Thu Jul 19, 2018 3:56 pm

US DoC Probes National Security Threats on Importing Uranium

The US Department of Commerce has started an investigation, at the request of two local uranium producers, Energy Fuels and Ur-Energy, on whether importing uranium will pose a threat to national security.

The investigation may lead to a tariff imposed on imported uranium.

Source: AAStocks Financial News
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Re: Uranium (Nuclear Energy)

Postby winston » Sun Aug 05, 2018 7:49 am

Big funds are being set up to hold U3O8 (triuranium octoxide, aka yellowcake), which are removing more supply from the market.

Global demand for electricity is expected to grow by 76% by 2030; much of this demand will be met by nuclear.

According to the World Nuclear Association, there are currently 452 nuclear reactors operating in 30 countries, supplying around 11% of the world's energy.

Fifty-six reactors are under construction, with the majority, 17, in China, plus another 481 planned or proposed.

Nine reactors in Japan have restarted.

UxC, a nuclear industry consultant, estimates nuclear power capacity will increase from 379 gigawatts to 483GW by 2030, while uranium demand could grow from 190 million pounds to over 300 million pounds by 2030, a 60% jump.

When the spot market runs dry, utilities will have to renew their contracts, fast. They don't really care what the spot price is, they just need to ensure their uranium needs are covered. When that happens, the uranium price is expected to go gangbusters.

Source: Equities.com
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Re: Uranium (Nuclear Energy)

Postby winston » Tue Aug 28, 2018 7:36 am

Why the Energy World Is About to Go Nuclear

by Alexander Green

The Deep Decarbonization Pathways Project, a global consortium of energy research teams charting practical pathways to deeply reduce greenhouse gas emissions, estimates that the U.S. will have to get between 30% and 60% of its electricity from nuclear power by 2050.


Source: Liberty Through Wealth

https://libertythroughwealth.com/2018/0 ... ?src=email
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Re: Uranium (Nuclear Energy)

Postby winston » Mon Sep 10, 2018 2:27 pm

Uranium market brightens as output cutbacks tighten supplies

Ux Consulting: weekly spot uranium prices up nearly 12% YTD

by Myra P. Saefong

A temporary suspension of uranium production at Cameco Corp’s CCJ McArthur River mine in Canada, the world’s biggest, that began in February has since been extended for an “indeterminate duration.”

That follows a late 2017 announcement that Kazakhstan’s Kazatomprom would cut uranium output by 20% over three years.

“The reason the timing is right for uranium to go higher is a supply deficit after the current production hedges expire in 2020-21 at a number of uranium producers.”




Source: Market Watch

https://www.marketwatch.com/story/urani ... yptr=yahoo
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