Uranium (Nuclear Energy)

[winston]

URA: Indian Plan To Build Strategic Uranium Reserves May Signal That The Sector Has Bottomed

URA's share price declined to new historical lows, below $8.5.

Indian plan to build strategic uranium reserves may help the uranium sector to bounce off the bottom.

India intends to create reserves of 5,000-15,000 tonnes of uranium which is approximately 9-27% of the annual world production.

http://seekingalpha.com/article/3339165 ... s-bottomed

[winston]

Japan's return to nuclear meets with fear and loathing

by Nyshka Chandran

Source: CNBC

http://www.cnbc.com/2015/08/10/japans-r ... 284a1255a1

[winston]

Cameco Corporation (USA) (CCJ), Uranium Energy Corp. Stock Can Rise Further

Bidness Etc looks at the reopening of Sendai power plant in Southern Japan, which will start generating electricity by next week and how it can positively impact Cameco Corporation and Uranium Energy

http://www.bidnessetc.com/49882-cameco- ... e-further/

[winston]

You probably didn’t see it in the news, but Japan just set the stage for a uranium rally by Henry Bonner

Uranium stocks collapsed after the Fukushima earthquake in Japan back in 2011. Japan idled its fleet of 48 nuclear reactors.
The price of uranium tanked from around $56 per pound to around $28 by mid-2015. It sits at around $35 per pound today.

It will likely take several years for Japan to re-start all of its idle nuclear plants. Each successful re-start could serve as an additional boost to uranium stocks.

Source: Sprott’s Thoughts

http://thecrux.com/resource-expert-this ... um-stocks/

[winston]

How Investors Can Profit from the Coming Uranium Supply and Demand Imbalance

http://www.equities.com/editors-desk/st ... hvKSL.dpuf

[winston]

CNNC to Build Nuclear Plant with Bill Gates' TerraPower

The China National Nuclear Corporation (CNNC) is going to enter into the fourth generation nuclear plant development agreement with the United States' TerraPower, which was established by Bill Gates, 21st Century Business Herald reported.

Source: AAStocks Financial News

[winston]

Britain to Expand Nuclear Power by at Least $3 Billion

The British government committed to guaranteeing $3 billion for the construction of the Hinkley Point C nuclear power plant in southwest England. More such guarantees may follow.

This is welcome news for Electricite de France SA (Paris:EDF.PA), the main company behind the project. Other partners include two Chinese nuclear giants, China General Nuclear Group and China National Nuclear Corp.

It also marks another step in the nuclear power industry's recovery following the 2011 Fukushima nuclear accident.

The international aspect of the deal also is compelling, because it would accelerate China's emergence as a leader in nuclear power.

The country is already building 25 nuclear reactors, which accounts for more than one-third of the world's total reactors under construction.

And now reports indicate that the British government offered the guarantees on the condition that EDF's Chinese partners agreed to foot the bill for the Hinkley Point C reactor, as well as another reactor in Suffolk.

In return, the Chinese companies would get a controlling stake in the planned Bradwell nuclear reactor in Essex.

source: Oil and Energy Investor

[winston]

RADIOACTIVE, BUT NOT TOXIC by Eric Fry

Uranium may be radioactive, but that doesn't mean it's always toxic.

It's true that during the last several years, uranium has been very toxic to investment portfolios. But if recent trends continue, uranium could begin to help portfolios rather than harm them.

Uranium's possible transformation from a portfolio emetic to an elixir relies on the likelihood that uranium demand will outstrip supply within the next few years.

Heating Up

Already, demand exceeds the annual supply of newly mined uranium. But "secondary supplies" have more than amply filled the gap.

As Cameco, one of the world's largest uranium miners, explains:

Secondary supply - uranium in various forms that is already out of the ground and sitting in stockpiles around the world - has been filling the gap between consumption and production for more than 20 years.

For example, in 2014, world consumption was 155 million pounds, while there was only about 147 million pounds of fresh uranium production. The largest contributor to secondary supply has been the Russian Highly Enriched Uranium (HEU) Agreement, which provided approximately 24 million pounds of uranium to the market every year. However, secondary supplies in general are decreasing and the HEU agreement [b]came to an end in 2013[/b]...

Meanwhile, newly mined uranium supplies are also likely to trend lower over the coming decade. That production decline is the direct result of the persistently low uranium price.

As the uranium price has plummeted from the 2007 high around $150 a pound to the $35 level, the incentive to invest in uranium mining also plummeted. Result: falling mine supply.

A Nuclear Disaster

But the prospect of falling supply, coupled with the prospect of rising demand, has not been enough to boost the uranium price.

That's because the current conditions in the uranium market are not nearly as attractive as the prospective conditions. The uranium market is still in oversupply, not in deficit.

The culprit, in a word, is "Fukushima." Japan's nuclear disaster in 2011 knocked the knees out from under the worldwide nuclear power industry.

As a result of Fukushima, Japan shut down all 54 of its reactors, Germany announced a complete phase-out of nuclear power and China slowed its ambitious nuke-construction program.

But the "Fukushima effect" is wearing off. Japan is restarting its nukes, while China, India and others have taken their nuclear power programs off of "pause."

Cameco provides the details:

We are seeing a level of new reactor construction unparalleled in decades: More than 60 reactors are under construction around the world, right now, with a total of 518 operating reactors expected by 2024, up from today's 436...

When we put the expectations for demand together with the expectations for supply, we see a growing gap between the two as more new reactors increase the demand for uranium, while, at the same time, secondary supplies diminish and primary producers experience economic challenges that will make it difficult to bring on new production.

Hmmm... Demand, up. Supply, down. That usually means higher prices.

Source: The Non-Dollar Report

[winston]

RADIOACTIVE, BUT NOT TOXIC by Eric Fry

Uranium may be radioactive, but that doesn't mean it's always toxic.

It's true that during the last several years, uranium has been very toxic to investment portfolios. But if recent trends continue, uranium could begin to help portfolios rather than harm them.

Uranium's possible transformation from a portfolio emetic to an elixir relies on the likelihood that uranium demand will outstrip supply within the next few years.

Heating Up

Already, demand exceeds the annual supply of newly mined uranium. But "secondary supplies" have more than amply filled the gap.

As Cameco, one of the world's largest uranium miners, explains:

Secondary supply - uranium in various forms that is already out of the ground and sitting in stockpiles around the world - has been filling the gap between consumption and production for more than 20 years.

For example, in 2014, world consumption was 155 million pounds, while there was only about 147 million pounds of fresh uranium production. The largest contributor to secondary supply has been the Russian Highly Enriched Uranium (HEU) Agreement, which provided approximately 24 million pounds of uranium to the market every year. However, secondary supplies in general are decreasing and the HEU agreement [b]came to an end in 2013[/b]...

Meanwhile, newly mined uranium supplies are also likely to trend lower over the coming decade. That production decline is the direct result of the persistently low uranium price.

As the uranium price has plummeted from the 2007 high around $150 a pound to the $35 level, the incentive to invest in uranium mining also plummeted. Result: falling mine supply.

A Nuclear Disaster

But the prospect of falling supply, coupled with the prospect of rising demand, has not been enough to boost the uranium price.

That's because the current conditions in the uranium market are not nearly as attractive as the prospective conditions. The uranium market is still in oversupply, not in deficit.

The culprit, in a word, is "Fukushima." Japan's nuclear disaster in 2011 knocked the knees out from under the worldwide nuclear power industry.

As a result of Fukushima, Japan shut down all 54 of its reactors, Germany announced a complete phase-out of nuclear power and China slowed its ambitious nuke-construction program.

But the "Fukushima effect" is wearing off. Japan is restarting its nukes, while China, India and others have taken their nuclear power programs off of "pause."

Cameco provides the details:

We are seeing a level of new reactor construction unparalleled in decades: More than 60 reactors are under construction around the world, right now, with a total of 518 operating reactors expected by 2024, up from today's 436...

When we put the expectations for demand together with the expectations for supply, we see a growing gap between the two as more new reactors increase the demand for uranium, while, at the same time, secondary supplies diminish and primary producers experience economic challenges that will make it difficult to bring on new production.

Hmmm... Demand, up. Supply, down. That usually means higher prices.

Source: The Non-Dollar Report

[winston]

Is America Walking Away From Nuclear Power?

It’s cheap, reliable, emissions-free—and struggling to keep up.

By Daniel Gross

http://www.slate.com/articles/business/ ... fuels.html