Antinuclear

Uranium shares threatened by Nuclear Security Summit decisions

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

graph from Purchasing 14 April, Uranium prices are stuck in a slump – 2010-04-14 18:23:54 | Purchasing

April 15, 2010 - Posted by Christina Macpherson | 1, climate change - global warming, energy, uranium | antinuclear, climate change - global warming, energy, nuclear, nuclear costs, uranium