Uranium Week: World Warming To Nuclear


A global survey has found increasing support for nuclear energy within a decarbonisation mix.

-Spot uranium market remains volatile
-Survey finds increasing support for nuclear energy
-Italy looks to jump on -Peninsula Energy stands out Volatility continued in the spot uranium market last week, with prices bouncing around within a range and impacted by choice of delivery location, industry consultant TradeTech reports. Four transactions totalling 540,000lbs U3O8 equivalent were reported.TradeTech’s weekly spot price indicator rose US5c to US$5.40/lb.No transactions were reported in term markets. TradeTech’s term price indicators remain at US$54.00/lb for both mid- and long-term. Popular Support Increasing optimism around the growth and acceptance of nuclear power were reiterated last week with the release of an NGO report The World Wants New Nuclear .The report, notes TradeTech, outlines the results of a recent multinational survey of […]

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