ERA energy resources of australia limited

An empty threat.Australia holds 40% of global reserves. South...

  1. 3,412 Posts.
    An empty threat.

    Australia holds 40% of global reserves. South Africa has closed its supply chain.

    Buying from Canada will require more shipping costs (FOB or CIF) and not necessarily cheaper.

    Once China finish building the reactors, they have to buy uranium, at whatever price that has to be paid. Reactors are useless without.




 
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