Subscribe for 12 months with recurring billing - $199

Buy 12 months of subscription time - $199

 

Search Uranium Stocks
Uranium Price
Our RSS Feed

Uranium Updates

Enter your email address:

Follow Us on Twitter
« China: Nuclear plants to get the nod | Main | Japan approves energy plan reinstating nuclear power »
Monday
Apr142014

Japan’s New Energy Plan Could be Positive for Uranium’s Future

Japan isn’t giving up on nuclear yet, and its Cabinet’s recent approval of a new energyplan could be the first step toward a uranium market turnaround. The plan calls the heavy metal “an important baseload power source,” reinstating its importance in the Japanese energy mix.

The plan also confirms that Japan’s “[nuclear] reactors will be restarted once their safety is confirmed,” and is the first since Japan halted the operation of its nearly 50 nuclear reactors following the Fukushima disaster in early 2011.

Thursday night, the Japanese government approved the energy plan following drafts released earlier this year. A prior draft meant to be released in January was seen by a panel of experts as too dependent on nuclear energy, but Reuters states that Prime Minister Shinzo Abe fought for months to convince fellow Cabinet members to accept a draft that reinstates nuclear power. Still, Japanese Industry Minister Toshimitsu Motegi told the news outlet, “[t]he plan makes clear we will reduce reliance on nuclear power through a variety of measures.”

Reactors back online?


Click here to continue reading.

 

The miners have started 2014 very well indeed on the back of rising gold prices, so the question is; is this the real deal or another head fake? Is the bottom really in? Could there be a final capitulation just ahead of us? Will the summer doldrums take the PMs lower?

If you would like to know which stocks we are buying and selling please join us atStock Trader our premium investment service.

Subscribe for 12 months with recurring billing - $199

Buy 12 months of subscription time - $199

If you are new to investment in the precious metals sector then you can subscribe of our FREE newsletters regarding gold stockssilver stocks and uranium stocks, just click on the links and enter your email address and we will email you our articles along with other interesting posts.

Please remember to check your spam folder once you have subscribed to ensure that our verification email has not gone astray and you are getting our emails.

PrintView Printer Friendly Version

EmailEmail Article to Friend

Reader Comments

There are no comments for this journal entry. To create a new comment, use the form below.

PostPost a New Comment

Enter your information below to add a new comment.
Author Email (optional):
Author URL (optional):
Post:
 
Some HTML allowed: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <code> <em> <i> <strike> <strong>