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Yellow Cake : Quarterly Operating Update 31 March 2024

29 April 2024

Yellow Cake plc

QUARTERLY OPERATING UPDATE

Yellow Cake, a specialist company operating in the uranium. ....

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Mint Explainer: What's behind the renewed interest in nuclear power?

A full-blown power crisis in Europe after Russia’s invasion of Ukraine, the higher cost of fossil fuels, and the urgent need to reduce carbon emissions have all helped nuclear energy stage a comeback since the dark days of the Fukushima disaster. ....

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Yellow Cake PLC Announces Quarterly Operating Update

Yellow Cake PLC Announces Quarterly Operating Update ....

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Nuclear energy players need to take 90% uranium price spike bill or shut plants

The price of uranium has increased by 90% in 12 months, surpassing its cost in 16 years. Shutting down a nuclear power plant is costly and time-consuming, with daily costs reaching $1 million. However, the demand for uranium is rising due to the need for low-carbon power sources. Countries like France and the UK are reconsidering nuclear energy and expanding capacity. The global uranium supply is facing a deficit, with a shortage of enriched uranium as well. Hedge funds, ETFs, governments, and utilities are all vying for uranium, leading to price increases in the market. ....

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URNM : Waiting For Price Consolidation (NYSEARCA:URNM)

URNM : Waiting For Price Consolidation (NYSEARCA:URNM)
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