Uranium

Uranium sellers remain caught between backtracking spot prices and the belief that help is just around the corner.

September started off as about the worst month we’ve seen in the uranium spot market, but as the month drew to a close, hope emerged.

Global nuclear capacity is steadily increasing, while uranium production will soon fall short of demand. But when?

Silex Systems is developing laser-based uranium enrichment technology and the company has received good news with a licence for a proposed plant being recommended by US regulators.

Morgan Stanley has initiated coverage on Paladin with an Overweight rating, seeing positives in improving production and gearing and the uranium price outlook.

A glance through the latest expert views and predictions about commodities with forecasts and preferences in the sector updated, some positives from China and a review of the tin market.

The fundamental outlook for uranium prices is growing increasingly positive, but as the world talks, the spot price continues to trickle lower.

The uranium spot market was quiet again last week, although buyers and sellers seem to be closing their price expectation gap.

While increasingly optimistic talk, rumour and theory percolated through the uranium market in August, spot prices and volumes showed few signs of improvement.

While Paladin Energy’s headline loss was larger than expected brokers have seen some positive signs in the result.