- Germany plans to shut down all 17 of their nuclear power stations by 2025. (9 have already been shutdown)
- Taiwan have shut down a few also but have recently regretting this when the power went out for 7 million people...
- USA planning to shutdown up to 10 nuclear power stations over 10 years as older, smaller reactors cannot compete with cheap natural gas.
- South Korea scrapping plans for 4 new reactors.
Unrelated to closures but I thought not worthy,
Heat waves caused France to shut down 4 nuclear reactors, Sweden shut down 1, Germany, Finland and Switzerland have all lowered power output to their reactors this month.
The investment fund Yellow Cake were easily able to purchase 8.1mil lbs for $21.01 a pound and not really make a dent on the spot price..
I don't mean to be the devils advocate here but could these shutdowns have a continued affect on any large rise on the uranium price?
Is there just still too much secondary supply on the market from the nuclear plant closures and Japan?
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Price($) | Vol. | No. |
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