Uranium resurgence

[qldfrog]

Norilsk

Well why would putin send nickel to the west at a bargain price to make weapons killing his army
Better keep nickel home..than discounting it in flash sale..
Make sense irrespective of current glut

 

[divs4ever]

Well why would putin send nickel to the west at a bargain price to make weapons killing his army
Better keep nickel home..than discounting it in flash sale..
Make sense irrespective of current glut

or turn the nickel into weapons and sell those weapons to friendly nations

i see Iran is getting some modern ( Russian ) fighter jets and some ( Russian ) air defense systems

 

[divs4ever]

... given China is building more nuclear power plants than anybody else

and some of those will use thorium .... who mines/exports thorium ?

( it might actually avoid the geopolitical risks uranium has faced )

 

[Sean K]

Imagine what happens when China try to take Taiwan by force and the West puts sanctions on them.



That spilt over to the Australian sharemarket, where a rally in uranium and nickel producers propelled the benchmark higher. South Australian producer Boss Energy surged 10.7 per cent to $2.89, West Australian explorer and producer Paladin Energy 9.1 per cent to $9.79, and developer Deep Yellow 13.5 per cent to $1.18. The Betashares Global Uranium ETF added 9.8 per cent to $7.72.

“Russia is the leader in strategic raw materials reserves like uranium, titanium, nickel,” Mr Putin said. Since Western sanctions limit exports of some Russian commodities, “maybe we should think about certain restrictions”, he said, adding that such limits should not harm Russia.

Russian exports have been unevenly targeted since it went to war in Ukraine in 2022, and yet it remains a key supplier of metals.

 

[bux2000]

Norilsk

You come up with some very interesting subjects and places @Dona Ferentes .

What life is like in Norilsk, the world’s northernmost industrial city

More than a third of the world's reserves of platinoids and nickel are found there. But only the most resilient individuals make it their home.

www.rbth.com

bux

 

[divs4ever]

Imagine what happens when China try to take Taiwan by force and the West puts sanctions on them.

View attachment 184136

That spilt over to the Australian sharemarket, where a rally in uranium and nickel producers propelled the benchmark higher. South Australian producer Boss Energy surged 10.7 per cent to $2.89, West Australian explorer and producer Paladin Energy 9.1 per cent to $9.79, and developer Deep Yellow 13.5 per cent to $1.18. The Betashares Global Uranium ETF added 9.8 per cent to $7.72.

“Russia is the leader in strategic raw materials reserves like uranium, titanium, nickel,” Mr Putin said. Since Western sanctions limit exports of some Russian commodities, “maybe we should think about certain restrictions”, he said, adding that such limits should not harm Russia.

Russian exports have been unevenly targeted since it went to war in Ukraine in 2022, and yet it remains a key supplier of metals.

LOL

but Russia is producing and exporting ( both uranium and nickel )

how many nickel mines are still in full production in Australia ( and will they make a profit if some start again

ditto for uranium

BTW i note BHP fell today

China doesn't need to invade just cut all imports/exports to Taiwan ( and let economics do the rest ) the US is already trying to gut the industry in Taiwan

 

[greggles]

A useful video for anyone interested in US based listed uranium companies. Up-to-date and a good starting point for further research.