PEN 3.64% 5.7¢ peninsula energy limited

U price up to 33 month high, page-8

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    I found this comment interesting. Perhaps the US uranium users are not as convinced of the merits of this protectionist policy as the marginal producers who appear to require a hand-out to turn a profit.


    Comments submitted by Canada and a US utilities coalition point out that it is reduction in demand – not imports – which has led to low uranium prices. Canada added that while a solution is needed to rein in state-sponsored activity in the uranium market (with Russia and Kazakhstan having previously been singled out), the US should refrain from imposing an import adjustment measure on key allies.

 
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