Report highlights uranium price volatility and contrasts U.S. and China nuclear construction activity
The Facts
- A report titled "February Snapshot Of The Global Nuclear Industry" was published by Zero Hedge.
- The Zero Hedge report said uranium spot prices were volatile in February and had pulled back after briefly nearing triple-digit levels in January.
- The Zero Hedge report said the number of nuclear reactors under construction in the U.S. was zero at the time of its snapshot.
- The Zero Hedge report said China added one additional reactor and had 39 reactors under construction.
- The Zero Hedge report said TerraPower received a construction permit for deploying a Natrium reactor in Wyoming.
Context
What did the February snapshot say about nuclear construction in the U.S. versus China?
It said the U.S. had zero reactors under construction, while China had 39 under construction after adding one additional reactor. Zero Hedge
What did the snapshot report say about uranium prices?
It described continued volatility in February uranium spot prices and said prices pulled back after barely breaking into the triple-digit range in January. Zero Hedge
What did the snapshot say about TerraPower’s Natrium project?
It said TerraPower received a construction permit for deploying a Natrium reactor in Wyoming, but suggested it could take months to meet requirements to be added to tracked construction tallies. Zero Hedge
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