The best thing about low uranium prices is that they greatly enhance one’s ability to take over world-class deposits that were discovered prior during increased exploration thanks to high uranium prices.
The coal-to-gas switching that’s plaguing US coal producers hasn’t come into play in most international markets because the price of natural gas is often four to five times higher than in North America.
During the period of 2007‐2011, electricity consumption in Mongolia increased on an average 6% per year. However, the Ministry of Mineral Resource of Mongolia estimates that overall electricity demand is expected to grow at 14% in the future.
Carbon capture and storage technology locks up emissions deep underground forever. The problem is that there is only one of these plants in operation in North Dakota, a legacy of the Carter administration, and new ones would cost $4 billion each.
House Mountain Partners founder Chris Berry is making a bet on the unfamiliar element vanadium to be required in large quantities for mass storage batteries and has identified several vanadium names that could power investor portfolios.
Picking the right infrastructure projects will boost productivity throughout the US economy and massive stimulus packages that focus on creating jobs at home will become very popular with all governments.
Nuclear power has been a hot topic recently. And as a result, the price action of its input commodity has been quite schizophrenic. Investors and speculators are in a state of great wonderment over what to expect from this intriguing mineral.
International coal prices hit $124 per ton this week, the highest levels in five months, as strong demand from reconstruction projects in Japan and reduced supply from flood-ravaged Australia has made coal supply tight.