Thu, Jul 10, 2014, 2:31 PM EDT - U.S. Markets close in 1 hr 29 mins


% | $
Quotes you view appear here for quick access.

USEC Inc. Message Board

  • tiger850 tiger850 Mar 2, 2013 12:51 PM Flag

    Japan nuclear energy

    Snip from Uranium News Arguement that LEU prices are headed up:

    TradeTech is reporting a spot market uranium price of $50.75 per pound, with no change from the previous period. Japan’s approval of the restart of units 3 and 4 at Kansai Electric’s Ohi nuclear power plant has infused some optimism into the industry, but the announcement has not yet resulted in higher spot market prices or transaction volumes.

    It is expected that unit 3 will recommence operations on July 4 “at the earliest,” reaching full nuclear power generation by July 8. Unit 4 will follow slightly behind, beginning generation on July 20 and reaching full power by July 24.

    Further approvals for Japanese nuclear reactor operations could soon follow. In a recent statement, Takashi Imai, chairman of the Japan Atomic Industrial Forum, suggested the country face will face an electricity shortage of approximately 10 percent this summer.

5.53-0.0700(-1.25%)2:30 PMEDT

Trending Tickers

Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.