... on the uranium market
Southern Cross Equities director, Charlie Aitken, says the uranium market has factored in the worst-case scenario of a total shutdown of Japan's nuclear energy industry, even though such an outcome appears very unlikely.
He continues to forecast a uranium supply deficit from 2013 because of the end of the Russian recycling of highly enriched uranium from decommissioned nuclear warheads into reactor fuel and the aggressive nuclear expansion plans of China, India, and Russia, which are expected to account for approximately 70% of new uranium demand out to 2020.
"While Japan's nuclear plans remain large within a domestic context, even a large scale downsizing would not be expected to dramatically alter our forecast for a future global uranium supply deficit," Aitken says.
-By David Rogers, Dow Jones Newswires: 61-2-8272-4693: [email protected]
Click here to go to Dow Jones NewsPlus, a web front page of today's most important business and market news, analysis and commentary: http://www.djnewsplus.com/access/al?rnd=H9h7ySQSfP94qsFllH1lkg%3D%3D. You can use this link on the day this article is published and the following day.
- Forums
- ASX - By Stock
- and some thoughts from charlie aitken....
... on the uranium marketSouthern Cross Equities director,...
Featured News
Add MLS (ASX) to my watchlist
|
|||||
Last
2.0¢ |
Change
-0.001(4.76%) |
Mkt cap ! $14.54M |
Open | High | Low | Value | Volume |
2.1¢ | 2.1¢ | 2.0¢ | $9.817K | 486.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 532783 | 2.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.1¢ | 689890 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 532783 | 0.020 |
14 | 2670773 | 0.019 |
7 | 1981294 | 0.018 |
4 | 1131953 | 0.017 |
2 | 212500 | 0.016 |
Price($) | Vol. | No. |
---|---|---|
0.021 | 689890 | 2 |
0.022 | 215737 | 2 |
0.023 | 856427 | 3 |
0.024 | 175000 | 2 |
0.025 | 374282 | 4 |
Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
Featured News
MLS (ASX) Chart |