While Brexit did not have any notable impact on uranium trading, the future of nuclear power in the UK and US came under question.
A review of mining claims in the Philippines has harnessed the attention of analysts at Commonwealth Bank, who review the outlook for nickel.
Oil recovery; copper outlook; nickel deficit emerges; steel sentiment negative; commodity usage in electric vehicles; Bell Potter appraises Magnis Resources.
US reactor shutdowns and Japanese restart delays had uranium traders heading for the exits last week as buyers backed off, sparking a significant price drop.
Gold prices on the rise; zinc peaking; Macquarie remains bearish on copper; surprising rally in thermal coal; iron ore in holding pattern; Macquarie’s China tour.
A lack of demand in the face of abundant supply is making sellers of uranium anxious.
Coking coal prices; sudden jump in copper stocks; nickel profitability; short-term upside for iron ore.
Fawad Razaqzada of FOREX.com suggests WTI could be set to breach US$50/bbl resistance.
While the uranium spot price rose last week, the issue of declining US demand still hangs over the uranium market.
Heightened interest in lithium; more iron ore volumes arriving; macro economic environment positive for energy, utilities; looming price crunch for alumina?