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May 25th, 2010

Europe Crisis Hits Uranium
BY GREG PEEL – 25/05/2010

Uranium sector consultant TradeTech has lowered its weekly uranium spot price indicator from US$41.25/lb to US$40.75/lb this week.

The drop is a disappointment given sellers had been hoping clearance of the big US Department of Energy sale order, which had been overhanging the market but was satisfied last week, would open the market up to some healthier trading levels.

There was indeed an immediate price jump, TradeTech reports, but this gave way later in the week such that Wednesday’s prices were US$1.00 above Friday’s prices. TradeTech takes an average of transaction prices to determine its weekly indicator.

Last week saw eight spot price transactions totalling one million pounds but none in the term market.

TradeTech suggests the price decline was prompted by a combination of factors including some sellers’ need to raise cash, the availability of inventory insensitive to price, and general nervousness surrounding the European debt crisis and weaker euro.

With Europe hanging as a cloud over everything at present, it seems the uranium market is also in the shadows.

Decreased Investments In The Nuclear Energy Market In Q4 2009

May 21st, 2010

Investments In The Nuclear Energy Industry Declined Marginally In 2009
Global investments in the nuclear energy industry witnessed a decrease of 5%, reporting $145.7 billion in 2009 compared to $152.9 billion in 2008. The difficulty in raising finance, start-up expenses, coupled with the global economic downturn led to an overall investment decline in 2009. However, the number of deals increased from 724 deals in 2008 to 822 deals in 2009. Read More

GlobalData’s “Nuclear Energy Annual Deals Analysis 2010” report is an essential source of data and trend analysis on the mergers and acquisitions (M&A) and financings in the nuclear energy market. The report provides detailed information on M&As, equity/debt offerings, private equity (PE), venture financing and partnership transactions registered in the uranium mining and processing, equipment and services, and power generation markets in 2009. The report provides detailed comparative data on the number of deals and their value in the last four quarters subdivided by deal types, segments, and geographies. Additionally, the report provides information on the top private equity, venture capital (VC), and advisory firms in the nuclear energy industry.
The data presented in this report are derived from GlobalData’s proprietary in-house Nuclear Energy eTrack deals database and primary and secondary research.