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    market news

    Pressure Lingers For Uranium

    Investing News Network
    Jun. 21, 2011 12:16AM PST
    Long Tail

    FNArena reports on the uranium sector’s policy and pressure on uranium with less activity last week.

    FNArena reports on the uranium sector’s policy and pressure on uranium with less activity last week.

    The market news is quoted as saying:

    Speculation that more European countries might take Germany’s lead in phasing out or restricting nuclear capacity growth is keeping buyers at bay at present, notes industry consultant TradeTech. Italians last week voted against a referendum to expand the country’s nuclear capacity, albeit the vote was tied up with referenda on other measures and a resounding “no” across the board was taken more as a general protest against President Berlusconi than a specific energy consideration. Still ? nuclear is not a popular word at present.

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