Hitachi is talking to the
-Hitachi is seeking to revive plans for a nuclear power plant in
-US uranium production continues to decline
-Uranium spot price indicator falls nearly three percent
The government launched a review into a "regulated asset base" funding model, which would see consumers pay upfront through their energy bills for a new plant and significantly reduce the construction risk for developers, FT reports.
There has also been talk in the industry of the state taking majority stakes in nuclear schemes, which could enable developers such as
A spokesperson for the
Uranium Pricing & Production
Industry consultant TradeTech reports its spot price indicator declined nearly -3% in the last week and has decreased an average of -0.5% per week since mid-May.
TradeTech's weekly spot price indicator fell -US90c to
Average weekly transaction volumes have also declined to 1.2 million pounds per week over the last 3 months, from a high of nearly 2.3 million pounds per week in April.
TradeTech's term price indicators remain at
According to the
The EIA noted in its quarterly report that domestic uranium production had declined considerably in recent years, and activity did not reach a threshold at which a specific production figure could be published without violating the protections that the agency had committed to provide.
During the second quarter, five US uranium facilities produced uranium, one more than in the first quarter of 2020, according to the EIA.
Company News
TradeTech notes three Australian ASX-listed companies posted among the highest percentage share price gains for the week due to recent announcements.
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