Uranium Week: Boss Energy & Paladin In Focus

This story features BOSS ENERGY LIMITED, and other companies. For more info SHARE ANALYSIS: BOE

The U308 market took a breather due to the midweek July 4th Independence Day holiday, and Australian brokers analysed production updates from Boss Energy and Paladin Energy.

-U308 spot unchanged on the week
-Nigeria changes the rules
-Broker updates on Aussie uranium producers The US Independence Day holiday on July 4 th underpinned a quiet week in uranium markets.Industry expert TradeTech highlighted participants remain involved with the waiver application process to the Department of Energy, due to the upcoming Russian uranium import ban on August 11.Russian supplier Tenex’s July 15 cut-off date for orders is also looming, complicated by those seeking exemptions from the Department of Energy.The U3O8 spot price remained unchanged on the week at US$85/lb. The Mid-Term U3O8 price stood at US$93/lb and the Long-term price is US$80/lb. Politics never too far […]

Click here to view original web page at fnarena.com

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.