Market Points

Copyright © 2023 Energy Intelligence Group All rights reserved. Unauthorized access or electronic forwarding, even for internal use, is prohibited.

The upward tick registered by Energy Intelligence's Uranium Price Panel, of $31.52 per pound U3O8 on Jun. 3 from $31.13/lb. a week earlier, may presage further upward movement this summer. The volume of new outstanding requests for proposals is notable and spread across uranium, conversion, enrichment and enriched uranium product markets. Interest is from utilities in the US, across the EU, in East Asia and in South America. Also of note is spot activity from a new low-profile Canadian-based uranium holding fund, and from a small nonproducing US junior miner.

Nuclear, Nuclear Fuel, Nuclear
Wanda Ad #2 (article footer)
Zaporizhzhia plant reverts to backup power amid renewed attempt to secure plant; the European Commission approves amended contracts for the Russian Paks II project in Hungary; Japan maritime firms commit to UK-led floating reactor development.
Fri, May 26, 2023
Exxon will capture, transport and store CO2 emissions in Louisiana in what appears to be one of the first large offtake agreements for CO2 in the hard-to-abate steel sector.
Thu, Jun 1, 2023
The US nuclear industry has stabilized domestic production, and now wants Washington to do more for nuclear fuel, construction, regulatory certainty and export support.
Fri, May 26, 2023