«We are maintaining our Buy rating as we believe EFR should see a recovery in its share price
as uranium market conditions improve later this year.»
Not exact matches
Paladin Energy has announced more cuts to its board and head office staffing, with long - serving executive Gillian Swaby following managing director John Borshoff out of the business
as it works to stay afloat in the weak
uranium market.
The pressure on the Australian Labor Party at a state and federal level to allow expanded
uranium mining is building
as fast
as the
uranium price is rising and new explorers are pouring into the
market.
Energy discussions certainly factored into coverage of his visit to Canada, but they largely hinged around India
as a prospective
market for our oil and gas, and a new agreement that will see India purchase $ 350 million of
uranium from Cameco, a Saskatchewan - based mining firm.
Both of those have a lot of runway here, in what I view
as a coming bull
uranium market.
Surging energy
markets magnify these threats
as the pressure to increase
uranium exploration and mining mounts throughout the West.
Instead, the price rise seems to reflect the increasing importance of the secondary, or pre-mined and processed
market,
as sources of
uranium for use in the reactor fuel
market.
Looking forward, we turn to examining the likelihood of follow - on to the HEU Agreement
as well
as the prospects for the SWU and
uranium markets in the post-HEU era.
The jump is in the spot
market price for
uranium oxide, which is also known
as «yellowcake,» the form of
uranium produced at
uranium mills and in situ mines.
In light of the increasing volatile nature of the
uranium market, primary and potential suppliers are continuously re-evaluating their properties and future production plans,
as well
as expanding exploration programs where economically feasible.
While our diverse supply base already extends to 2026 and beyond, Centrus is committed to deploying a
uranium enrichment capability over the long term
as the global enrichment
market recovers.
Floor price: A price specified in a
market - price contract
as the lowest purchase price of the
uranium, even if the
market price falls below the specified price.
As a result, less nuclear plants will be built and there won't be a large Indian
market for Australian
uranium.
WNA arose on the foundations of the
Uranium Institute, established in London in 1975
as a forum on the
market for nuclear fuel.