12-July latest newsUranium Producer Consolidation Ahead ?This...

  1. 6 Posts.
    12-July latest news

    Uranium Producer Consolidation Ahead ?

    This could make FTE a strong take over target

    China's grip on rare earth mineral stocks won't last forever

    According to Reuters data, dysprosium, a mineral used in hybrid cars and smartphones, has seen its price rise tenfold from $300 (GBP 187) a year ago to more than $3,000 today. It's a similar story for neodymium, up from $45 to near $450. This is mostly because China cut all exports of rare earth minerals by 40pc late last year.

    China set on nuclear path

    ''It is no longer feasible to continue to rely on fossil fuels - developing nuclear power is a choice of must,'' he told the gathering of Chinese and Australian political and business leaders.He said there were 13 operational nuclear power plants in China with another 28 under construction to take capacity to nearly 40 gigawatts by 2015.

    for more details http://forteenergynewspage.blogspot.com/
 
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