White Energy Company Limited confirmed that it has successfully produced upgraded coal at its binderless coal briquetting plant at Cessnock, New South Wales. Having completed construction eight weeks ago, key elements of the commissioning phase are now finalised with all relevant certifications for running the Plant being received at the end of last week. At the beginning of this week, the drying furnace...
As buyers continue to be reluctant to commit to purchases, uranium spot prices dipped again last week ”“ down US$3 to US$120 per pound, according to TradeTech’s indicator. Customers are expecting further downward price movement due to the current supply overhang, the firm said in the Aug. 3 issue of Nuclear Market Review. The U.S. Department of Energy’s sale of up to 200 tons of...