The uranium price has run up so quickly that one might confuse this mildly poisonous metal with a semi-precious one. Yellowcake, the uranium oxide required to produce nuclear fuel, has nearly tripled in value to about $84 per pound in just three years. Listed uranium miners have enjoyed plenty of investor attention, who increasingly see the virtue of nuclear power as a low-carbon source of electricity.
By January the price at $105 far exceeded the top of the cost curve at $75, points out Tom Price at Liberum. He thinks both producers are trying to increase production as a result. Neither Paladin nor Fission have made any profits yet. From this year things will change. Paladin should turn free cash flow positive from next year . This marks a good time to take on Fission’s Patterson Lake South project in Alberta.
Switzerland Neuesten Nachrichten, Switzerland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Herkunft: MENnewsdesk - 🏆 23. / 69 Weiterlesen »
Herkunft: LeedsNews - 🏆 48. / 63 Weiterlesen »
Herkunft: BBCScienceNews - 🏆 87. / 53 Weiterlesen »
Herkunft: i newspaper - 🏆 8. / 89 Weiterlesen »
Herkunft: OilandEnergy - 🏆 34. / 68 Weiterlesen »
Herkunft: Daily_Record - 🏆 9. / 89 Weiterlesen »