Revival of nuclear power puts uranium in spotlight on the commodity market

With the rising price of oil and natural gas this year and supplies being embargoed from Russia, talk of nuclear power has increased substantially. Today we look at the commodity powering nuclear plants – uranium . Background

Uranium occurs naturally in low concentrations in soil, rock and water, and is commercially extracted from uranium-bearing minerals such as uraninite. Uranium mined from the earth is stored, handled, and sold as uranium oxide concentrate (U3O8), which is known as yellowcake, containing roughly 80 per cent uranium.

Uranium is enriched into U235 concentrations so it can be used as fuel. Enriched uranium between 3 per cent and 5 per cent U235 is referred to as reactor-grade uranium and is used in nuclear power plants, whereas highly enriched uranium (HEU), which contains greater than 20 per cent U235, is used in nuclear weapons, nuclear-powered ships and submarines, and research reactors. Pricing

The […]

About the author: StockMan

Please remember:

The information provided here is for general knowledge and educational purposes only.
It is not intended to be a substitute for professional financial advice.
Every individual's financial situation is unique, and what works for one person may not work for another.
Before making any investment or financial decisions, you should always consult with a qualified financial advisor who understands your specific circumstances and goals.

Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, should never be acted upon. Please be aware that any information posted on this site should not be considered to be financial advice and i am not a financial advisor.

Posting Guidelines
  • Do contribute something to the discussion
  • Do post factual information, analysis and your view on company valuations
  • Do disclose if you have an interest in a security
  • Do take our Terms of Use seriously
Do Not
  • Do not make low-content posts, unsubstantiated ramps or untruthful/misleading statements
  • Do not complain about a post unless you have reported it first, and not on the forum.
  • Do not post financial advice
  • Do not advertise or post sponsored content

Get involved!

Get Connected!

Come and join our community. Expand your network and get to know new people!


No comments yet