German Paper: RWE and E.ON Consider Urenco Sale, Nuclear Street, Sep 8 2011 Reports indicate two German utilities are preparing to sell their stake in Urenco, a uranium enrichment company that recently opened a new centrifuge plant in New Mexico.
Archive for the ‘URENCO’ Category
The gambling is going on in both uranium markets. Some corporations gamble on selling old weapons uranium. Others gamble on digging uranium out of the ground and selling it - (if it goes belly up – well in Australia they’ll try to blame the Rudd government)
Companies Bet on Market for Enriched Uranium, Online Casino Guide, 21 June 2010, Changes in technology and vagaries like future arms control agreements can affect companies like Urenco and USEC.
…. projects such as BHP’s uranium and copper mine at Olympic Dam in South Australia. This requires billions of dollars in upfront investment projected to be recouped by cash flows in 2020 or later. The relatively high rate of return required is a function of many risks, including cost pressures and assumptions about the uranium market in 2020….. FT.com 20 June 2010,