spot price falls to new post-fukishima low, page-5

theres no price paid i can see online but being its a stock forum the focus should be on entities buying out other cos - the jnr end naturally is diff from already established miners

Excerpted from Canaccord Morning Coffee: August 24, 2012


Given the recent news, including the shelving of BHP Billiton's (BHP) Olympic Dam expansion, the United Arab Emirates spending $3 billion to secure future supply and Paladin Energy announcing a long-term off-take agreement with an undisclosed utility, it is no surprise that India, who's aggressive nuclear power build-out is only rivalled by China's, may soon set up a new company to acquire uranium mines in foreign countries to ensure fuel supplies. The Press Trust of India reported Thursday that India's Atomic Energy Commission has recommended setting up of a joint venture company between Nuclear Power Corporation of India Limited and Uranium Corporation of India Limited to explore the possibility of acquiring uranium assets abroad. India, which currently produces 4,680 MW of nuclear power from the 19 atomic power plants it operates, has plans to significantly increase the share of nuclear power in its energy basket to 32,000 MW by 2032.