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    market news

    ERA cuts uranium output target, will buy spot

    Investing News Network
    Oct. 13, 2010 10:02AM PST
    Long Tail

    Yahoo Asia News reports Energy Resources of Australia (ASX:ERA) cuts its uranium output target by up to 800 tonnes. “The shortfall represents about 1 percent of world supply in 2010, so it’s not the end of the world, but could have some impact on the uranium price,” Warwick Grigor, a sector analyst and chairman of BGF Equities in […]

    Yahoo Asia News reports Energy Resources of Australia (ASX:ERA) cuts its uranium output target by up to 800 tonnes.

    “The shortfall represents about 1 percent of world supply in 2010, so it’s not the end of the world, but could have some impact on the uranium price,” Warwick Grigor, a sector analyst and chairman of BGF Equities in Sydney.

    For complete story, click here.

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