#Fission uranium 1 year stock full

Thus a record U308 supply deficit is going to collide with the nuclear renaissance… remember the cost of fuel for a nuclear plant is a small part of its Opex… hence the will pay whatever it costs to obtain the fuel… interesting set of dynamics …. The supply deficit could reach 90 mln Lbs. They will have to ‘oversupply’ the enrichers they have which ultimately mean an amplified demand for UF6… but UF6 is running out …thus more conversion of mined U308 is required … but there are not enough idle and operating mines to meet the forthcoming demand and it takes years to bring a mine on stream.

#Fission uranium 1 year stock full

With the previous over supply of UF6 evaporating and demand increasing there is going to be a bottle neck with enrichment as the West does not have enough enrichment capacity. View real-time stock prices and stock quotes for a full financial overview. Demand this year for U is around 200 mln Lbs. With this going off line the enrichment process will be under pressure.

Russia was responsible for approx 35% of the supply. This has, post Fukushima been shorter due to over supply of UF6 (enriched pre-pellet). Operating costs were estimated at C9.03/lb U3O8 over an 8.2 year mine life.

There’s a 2 year time from a user ordering fuel to receiving it. Fission Uranium stock climbs 78 as uranium prices skyrocket the past 3. Standard Uranium (TSX.V: STND) is a Canadian uranium exploration company focused on its Davidson River flagship project in the SW Athabasca Uranium.