Trump weighs limits on uranium imports after Commerce Department cites security risk

MINEX Forum | June 21, 2019
img0 The U.S. Commerce Department has recommended the White House take steps to protect the domestic production of uranium after finding the nation’s reliance on imports was a national security risk, said three people briefed on the matter. THE U.S. URANIUM INDUSTRY PRODUCED ROUGHLY 700,000 POUNDS IN 2018 Among the trade remedies recommended is to require ...

European lithium projects gain attention amid push toward electric vehicles

MINEX Forum | June 14, 2019
img0 European lithium projects are making a fresh push for capital, eager to supply the white metal to a burgeoning network of battery manufacturers and electric vehicle makers across the continent, the world’s second-largest EV market after China. A regional EV supply chain would help achieve European Union goals to lower carbon emissions, cut fossil fuel ...

World’s top uranium producer is gloomy about nuclear power

MINEX Forum | June 10, 2019
img0 New YORK – Don’t expect an upswing in the global uranium market anytime soon. “In our models, we don’t get excited on the demand side,” said Galymzhan Pirmatov, CEO of Kazatomprom, Kazakhstan’s State-owned mining company that’s the world’s biggest supplier. With construction of nuclear power plants at a ten-year low, uranium demand remains weak. That’s ...

Polish government has turned energy market into a ‘tragedy,’ regulator says

MINEX Forum | May 15, 2019
img0 Poland’s energy market is being left to speculators after repeated interventions by the government have put off long-term investors, the head of market regulator URE told Reuters, describing the situation as a “tragedy”. Maciej Bando, whose five-year term ends in June, said unpredictable decisions by the ruling Law and Justice (PiS) party aimed at protecting ...

Portugal Raises the Stakes in the Lithium Market

MINEX Forum | May 7, 2019
img0 Portugal plans to open a lithium licensing auction in May, as part of an ongoing bid to expand their lithium production, streamline their refinement process, and become a major power in the global energy market. Starting in May, Portugal plans to launch an international auction of lithium exploration licenses. Bidders would be expected to commit ...