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Uranium: New Mexico
built 263 days ago
Uranium is of great importance as a nuclear fuel. Uranium-238 can be converted into fissionable plutonium by the following reactions: 238U(n, gamma) --> 239U --(beta)--> 239Np --(beta)--> 239Pu. This nuclear conversion can be brought about in breeder reactors where it is possible to produce more new fissionable material than the fissionable material used in maintaining the chain reaction.
AUSTIN, Texas, Oct. 30 /PRNewswire-FirstCall/ -- Uranium Energy Corp (AMEX: UEC) [A]nnounces that its executives participated in the "Ringing the Bell" ceremony at the American Stock Exchange in New York, NY, following the Company's recent listing on the AMEX. For more details about the Company's recent listing on the AMEX, please see the news release dated September 27, 2007. Investors are invited to watch a short video of the ceremony at the Amex website. MORE
Uranium prices just set a new record high of $43 per pound, capping a remarkable 437% rise since 2000 when it cost just $8. In 2005 alone, uranium demand outstripped supply by around 100 million pounds.
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The Nuclear Market Review (NMR) is published each Friday and reports TradeTech's weekly Uranium Spot Price. The month-end edition of the NMR is released on the last day of the month when TradeTech publishes its various Uranium Market Values (Exchange Value, UF6 Value, Loan Rate, Conversion Value, SWU Value, and Transaction Value) and our Long-Term Prices, which reflect base prices on new long-term transactions. Both publications include supply/demand and price trend information, as well as timely industry news.
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