nuclear-news

Uranium ivestors – bleak outlook following Nuclear Security Summit plan to recycle nuclear fuel

Nuclear Summit Changes Uranium Outlook ninemsn 14/04/2010   By Rudi Filapek-Vandyck US President Obama’s success in convincing world leaders the best way forward is through the conversion of hundreds of thousands of tons of weapons-usable nuclear fuel into non-military fuel for power stations might be good news for world peace, but probably not so for investors in uranium companies.

This week’s nuclear summit in Washington has ended with a general pledge by participants from all over the globe to convert hundreds of thousands of tons of weapons-usable nuclear fuel by 2014, plus an intention to set a 2012 summit in South Korea to measure progress.This inevitably means the supply-outlook has dramatically changed for the sector this week. Nuclear Summit Changes Uranium Outlook

April 15, 2010 - Posted by Christina Macpherson | 2 WORLD, business and costs | antinuclear, enriched, nuclear costs, nuclear spin, nuclear technology, recycling, uranium