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Japan’s rediscovered economic success to fuel return of Nuclear Power

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The Japanese economy has started to improve according to the latest indicators. GDP growth is expected to increase 3.1% in the first quarter of 2013 compared to the previous quarter to 1.3% for 2013 and 2.3% for 2014. Perhaps, more significantly, Japanese citizens’ level of confidence in their economy has also improved – which is more than one can say for many other OECD countries – as hinted by a 5% rise in household demand last March. Many Japanese companies have announced they will raise salaries and bonuses. At the same…

The Pulse: Rare Earth stocks come back to life; Europe still going nuclear; Niobium ready to roar

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Are we on the way back? That is, has the rare earths sector finally bottomed out? Too early to tell, but some stocks are again showing life and making gains, some in considerable percentage leaps. (Australian and Canadian share prices are in their respective currencies. Trading in dual listed markets, or over-the-counter, are excluded from the summary below.) The tone for Friday was set by Molycorp (NYSE:MCP), which saw its stock just after the New York open headed for a 22% rise after reporting a smaller than expected loss. (The details…

The Syrian Crisis and the rise of BRICS: an economic and geopolitical Argument against Intervention

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Two Israeli air raids last week against Syrian military facilities, are said to be responsible for killing 42 Syrian soldiers, adding considerable tension to an already highly volatile Syrian crisis. The air attacks, which Syrian officials said used depleted uranium shells, came just days after the White House and the EU discussed what to do about purported evidence of Syrian government use of chemical weapons. While there are doubts about those claims, given that Carla Del Ponte from the UN Commission of Inquiry on violations of human rights in Syria, has…

The Pulse: Ripples in potash sector; Turkey will need uranium; Japan’s offshore wind push

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Potash is the news with two developments  — a new controversy over Saskatchewan potash policy and India slicing its subsidies (again). Clearly, it may not be all plain sailing for the potash producers in the near future with London brokers Whitman Howard predicting subdued Indian demand and prices possibly going lower than the $400/tonne recently negotiated with Indian and Chinese customers. As of April 1, the Indian government cut its potash and phosphate subsidies. The hardest hit is muriate of potash, the dominant form imported by India; those subsidies have been…

The Pulse: The most expensive critical metal?; Japan REE recycling effort; An unlikely nuclear champion; U.S. potash flashback

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How about a metal product that commands up to $396,000 a tonne? That’s the top of the range for high-purity alumina (HPA). About 7,500 tonnes is produced globally each year. Even at the bottom of the range the price is impressive at $141,000 a tonne. As explained by one of the hopeful new entrants, Australian Minerals & Mining Group (ASX:AKA), HPA is widely used in filters for magnetic media to boost thermal conductivity, in composite resins and ceramic parts and substrates used in electronic components and semi-conductor manufacturing equipment. Demand is…

Japan ready to restart Reactors: Debunking ‘Fukushima’ and the rare earths Potential

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Two years have passed since the earthquake and tsunami that have devastated Japan, the most violent ever recorded in Japan. Although some 20,000 people were killed by the resulting crashes, explosions, fires and gas leaks, whenever the world remembers this major disaster, the media and the public focus on the radiological hazard posed by nuclear power plants, leaving objectivity and clarity to be desired. Upon closer inspection, the real wonder is the high level of safety that was demonstrated by Japan’s reactors when considering the most relevant technical aspects of the…

The Pulse: Chinese clean out gold stocks; Uranium “never looked better”; Scandium scramble

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This sign went up outside the Caishikou Department Store in Beijing last week: “No gold bars are available. Customers who have paid can pick up their bars in one week”. That store is Beijing’s largest gold retailer, and last week it ran out of the yellow metal. So not everyone is dumping gold. In fact, investors in China stampeded last week when the price fell well beneath $1400/oz. According to China Daily, one buyer emerging from the store said “I couldn’t wait to buy gold. Many of my colleagues and friends…

#TMS2013: From Graphene to Beryllium and Vanadium, Critical Materials and the Future

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The Future Technology and its impact on demand for critical metals panel at #TMS2013 entitled: “Satisfying Future Technology’s Demand for Critical Materials: from the graphene patent surge (medical to nanotechnology) to beryllium and nuclear energy”, will address the wider outlook for current technological and scientific developments are slated to shape the future and the materials that will make such a ‘future’ possible. The rare earths ‘business’ has become ever more complex. The United States, European Union and Japan have become engrossed in a silent but intense confrontation with China, the world’s…

The Pulse: Nuclear saves (yes, saves) lives; Wind crunch in China; Solar soars

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Nuclear energy has saved — yes, saved — 1.84 million lives. And it has saved the Earth’s atmosphere from 66 billion tonnes of greenhouse gas emissions. This is the inclusion reached by two scientists writing in the American Chemical Society’s journal, Environmental Science and Technology. Pushker Kharecha and James Hansen of NASA’s Goddard Institute looked at all the historical data between 1971 and 2009 and calculated how many more people would have died over the years from atmosphere-related issues such as respiratory diseases had nuclear not existed and, instead, that quantity…

Lynas’s LAMP facility is secure regardless of Malaysian Electoral Outcome

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Lynas Corp (ASX: LYC) has started production in February and is close to concluding the last legal obstacles brought forth by the Save Malaysia Stop Lynas (SMSL) campaign. The SMSL’s efforts were politically exploited and used by the opposition Pakatan Rakyat (PR) party, led by Anwar Ibrahim, for political gain, trying to accumulate political capital with local Kuantan communities in view of an important political election that must be held by next June. To this effect, the ruling Barisan Nasional (BN) party, led by Prime Minister Najib Razak has backed Lynas…

The Pulse: Metals critical for Defence; Eritrea potash figures; Bank backs gold; Watch African uranium

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In total, defence needs 71 strategic materials. That’s a great deal of dependency. What have been described as “important defence uses” for strategic metals include missiles and space vehicles (aluminium, chromium metal, columbium, molybdenum, zirconium); detection and navigation equipment (cobalt, silver, tungsten); ammunition (antimony, bismuth). The list goes on. We reported earlier on the latest biannual Strategic and Critical Materials 2013 Report on Stockpile Requirements out of the Strategic Materials Advisory Council in terms of the needs for rare earths stockpiling. But there are plenty of critical metals, as well, on…
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Coalition still ‘optimistic’ about nuclear power despite EDF and China concerns

May 17, 2013 (Source: Guardian) -- The government has insisted it was still optimistic about plans to build a series of nuclear power stations despite expectations that EDF would delay its timetable for a new reactor at Hinkley Point and concerns that China was losing interest in being a co-investor. "The UK's new nuclear programme is advancing positively with three projects currently being taken…

U3O8 Corp. Advancing Strategy for Near-Term Development to Meet Argentina’s Growing Need for Domestic Uranium Supply

May 16, 2013 (Source: Marketwire) -- Recent Calypso Acquisition Sets Up Longer-Term Pipeline for Further Growth U3O8 Corp. (TSX:UWE)(OTCQX:UWEFF), a Canadian-based company focused on exploration and resource expansion of uranium and associated commodities in South America, outlines its growth strategy in Argentina, which aims to position U3O8 Corp's Laguna Salada Deposit, defined in accordance with National Instrument 43-101 ("NI 43-101"),…

Fission, the Operator, Hits 4m of 20.73% U3O8 at the Discovery Zone (R00E) within 22m of 4.8%

May 16, 2013 (Source: Fission Uranium Corp.) -- Fission Uranium Corp. (the “Company” or “Fission”), the operator, and its 50% Joint Venture partner Alpha Minerals Inc., are pleased to report assay results from another nine holes in the R00E zone at its Patterson Lake South (PLS) Property. The assays show a continuous area of broad uranium mineralization at shallow depth. Of…

Torness nuclear power station re-opens to public after 9/11

May 16, 2013 -- (Source: BBC) --  A nuclear power station in East Lothian will be opening its doors to the public for the first time since the 9/11 terrorist attacks in the US in 2001. The new visitor centre at Torness nuclear power station, which is due to be opened later, will give access to "thousands of people", EDF Energy…

Novel Material Shows Promise for Extracting Uranium from Seawater

May 16, 2013 -- (Source: MIT Technology Review) -- A new material could potentially be used to extract uranium from seawater more efficiently, new research suggests. The world’s oceans contain nearly a thousand times as much uranium as conventional reserves, and researchers have spent decades trying to develop an efficient way to extract it. Experts say it is important to…

LDP lawmakers form group to push for restart of nuclear reactors

May 15, 2013 -- (Source: Japantimes) -- Dozens of lawmakers in the ruling Liberal Democratic Party launched a group Tuesday to push for the restart of the country’s idled nuclear reactors, saying a stable power supply is key to achieving economic growth. “This is a Diet members’ league to map out the importance of nuclear power,” Tsuyoshi Takagi, one of…

U3O8 Corp. Completes Acquisition of Calypso Uranium Corp. Solidifies strategic holdings around Argentina’s largest known uranium deposits

May 14, 2013 -- (Source: U308 Corp.) -- U3O8 Corp. (TSX: UWE; OTCQX: UWEFF) and Calypso Uranium Corp. (TSXV: CLP) ("Calypso") are pleased to announce the completion of the acquisition of Calypso by U3O8 Corp. (the "Acquisition"). The Acquisition expands U3O8 Corp's strategic land position around the state-owned Cerro Solo and Sierra Pintada uranium deposits in Argentina and adds approximately $3.3…

Uranium One Announces 10% Increase in Q1 2013 Production to 3.1 Million Pounds; Average Total Cash Costs of $17 per Pound

May 13, 2013 -- TORONTO (Source: CNW) -- Uranium One Inc. ("Uranium One") today reported quarterly revenue of $62.6 million for Q1 2013, including joint venture revenue, based on sales of 1.4 million pounds at an average realized sales price of $45 per pound and an average total cash cost per pound sold of $17. Q1 2013 Highlights Operational Total attributable production during Q1 2013…

Alpha Minerals Inc.: Radon Targets Located on Skull Lake JV, Adjacent to Cluff Lake Mine Athabasca Basin, Saskatchewan

May 13, 2013 -- VANCOUVER, BRITISH COLUMBIA (Source: Marketwired) -- Alpha Minerals Inc. ("Alpha" or "the Company") (TSX VENTURE:AMW), and its Joint Venture partner Acme Resources Inc. (TSX VENTURE:ARI) (formerly International KRL Corp.) are pleased to announce results from a detailed study of assessment reports covering the former Cluff Lake Mining Lease of Areva and the adjacent area of the…

TSX.V Accepts Zadars Option Agreement re Bull Run Uranium Project Adjoining AREVA/NexGen in Patterson Lake Area, Athabasca Basin

May 10, 2013 -- VANCOUVER, BRITISH COLUMBIA (Source: Marketwired) -- Zadar Ventures Ltd. (the "Company") (TSX VENTURE:ZAD) is pleased to announce that the TSX Venture Exchange has accepted for filing an Option Agreement between the company and an arm's length vendor, whereby the company can earn a 100% interest in the Bull Run uranium project, located in the prolific southwestern…

Europe’s still going nuclear: Platts

May 9, 2013 (Source: Marketwatch) -- Europe is likely to be home to more nuclear power plants in the future, even though high costs and public criticism will remain significant roadblocks for the industry, according to a Platts survey released Thursday. Political risk, long construction periods, regulatory uncertainty, and safety concerns were also highlighted as hurdles. One thing the industry…

U3O8 Corp’s Acquisition of Calypso Uranium Corp. Receives Shareholder Approval

May 8, 2013 (Source: Marketwire) -- U3O8 Corp. (TSX:UWE) (OTCQX:UWEFF), a Canadian-based company focused on exploration and resource expansion of uranium and associated commodities in South America, is pleased to report that shareholders of Calypso Uranium Corp. ("Calypso") have approved the acquisition of Calypso by U3O8 Corp. The transaction is subject to final regulatory and court approvals. The acquisition will…

Athabasca Uranium options Fisher River Property & provides exploration update

May 7, 2013 (Source: CNW) -- Exploration Update Athabasca Athabasca Uranium Inc. (“Athabasca” or the “Company”) is pleased to announce that it has entered into an agreement by which the Company has the option to purchase a 100% interest in the Fisher River Property in northeast Saskatchewan. Comprised of two contiguous claims on the eastern margin of the uranium-rich Athabasca…

Fission Uranium: New Radon Survey Identifies Strongest Anomaly to Date

May 6, 2013 (Source: Marketwire) Kelowna, BC -- Fission Uranium Corp. (TSX VENTURE:FCU) ("Fission" or the "Company"), the operator at PLS, and its 50% Joint Venture partner Alpha Minerals Inc., are pleased to report results from an extension of the previous radon survey in January to February 2013 that led to the target selection of the first high grade holes drilled…
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