CINXE.COM

<!DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Strict//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-strict.dtd">  <html xmlns="http://www.w3.org/1999/xhtml" xml:lang="en" lang="en" dir="ltr"> <head><script type="text/javascript" src="/_static/js/bundle-playback.js?v=HxkREWBo" charset="utf-8"></script> <script type="text/javascript" src="/_static/js/wombat.js?v=txqj7nKC" charset="utf-8"></script> <script>window.RufflePlayer=window.RufflePlayer||{};window.RufflePlayer.config={"autoplay":"on","unmuteOverlay":"hidden"};</script> <script type="text/javascript" src="/_static/js/ruffle/ruffle.js"></script> <script type="text/javascript"> __wm.init("https://web.archive.org/web"); __wm.wombat("http://business-news.thestreet.com:80/dallas-morning-news/story/uranium-prices-climbing-due-to-increased-demand-for-nuclear-power/13070800","20150309011141","https://web.archive.org/","web","/_static/", "1425863501"); </script> <link rel="stylesheet" type="text/css" href="/_static/css/banner-styles.css?v=S1zqJCYt" /> <link rel="stylesheet" type="text/css" href="/_static/css/iconochive.css?v=3PDvdIFv" />  <meta http-equiv="Content-Type" content="text/html; charset=utf-8"/> <meta name="robots" content="noindex, follow"> <meta http-equiv="Content-Type" content="text/html; charset=utf-8"/> <link rel="canonical" href="https://web.archive.org/web/20150309011141/http://www.thestreet.com/story/13070800/1/uranium-prices-climbing-due-to-increased-demand-for-nuclear-power.html"/> <title>Uranium Prices Climbing Due to Increased Demand for Nuclear Power | Business News</title> <link type="text/css" rel="stylesheet" media="all" href="https://web.archive.org/web/20150309011141cs_/http://business-news.thestreet.com/sites/business-news.thestreet.com/files/css/css_0d06fb019f6c1dacbe9bc1b70a649fe6.css"/>  <script type="text/javascript"> CORE = {}; CORE.partnerCode = 'dallas-morning-news'; CORE.parentName = 'Dallas Morning News'; //document.domain = "thestreet.com"; tscAdsReporting={}; dataLayer = []; </script> <script type="text/javascript" src="//web.archive.org/web/20150309011141js_/http://ajax.googleapis.com/ajax/libs/jquery/1.7.2/jquery.min.js"></script> <script type="text/javascript"> var $jq = jQuery.noConflict(); </script> <script type="text/javascript" src="https://web.archive.org/web/20150309011141js_/http://business-news.thestreet.com/sites/business-news.thestreet.com/files/js/js_eb575bb373c31049df8380979a0f0f33.js"></script> <script type="text/javascript"> <![CDATA[//><!]]> </script> <script type="text/javascript"> <![CDATA[//><!]]> </script> <style type="text/css"> @import url('https://web.archive.org/web/20150309011141cs_/http://www.dallasnews.com/skins/dmn/css/navigation.css'); @import url('https://web.archive.org/web/20150309011141cs_/http://www.dallasnews.com/resources/css/registration.css'); @import url('https://web.archive.org/web/20150309011141cs_/http://res.dallasnews.com/resources/cobrand/css/registration.css'); #portal_content, .story-content { border:none; } html, body { margin:0; padding:0; } #iframeWrapper iframe { padding:0 !important; } #iframeWrapper div { height:60px; width:120px; float:left; margin:0; padding:5px 18px; } div#TopAd iframe { float:none; } </style> <script src="https://web.archive.org/web/20150309011141js_/http://common.thestreet-static.com/video/js/main.js"></script> </head> <body id="dallas-morning-news" class="not-front not-logged-in page-node node-type-node-corona-story one-sidebar sidebar-left"> <div id="browserWarning" style="font-family:Arial;font-size:14px;background-color:white;width:100%;height:100%;position:fixed;top:0px;left:0px;z-index: 100000000; display:none;"> <div style="background-color:white; width: 100%; float: left; text-align: left;"> <div style="background-color:white;"> <div style="padding:30px 25px; float: left;"> <img src="/web/20150309011141im_/http://business-news.thestreet.com/sites/business-news.thestreet.com/themes/business_news/images/tstlogo.gif" border="0"> </div> </div> </div> <div style="clear:both; float: left; width: 100%; text-align: center;"> <div style="height:100%;background-color:white;text-align:center;margin-top:20px;"> Your browser is not supported. Please upgrade to one of the following browsers: <br/> <br/> <a href="https://web.archive.org/web/20150309011141/http://www.google.com/chrome/?hl=en-US" target="_blank">Google Chrome</a> <br/> <br/> <a href="https://web.archive.org/web/20150309011141/http://www.mozilla.com/firefox/?hl=en-US" target="_blank">Mozilla Firefox</a> <br/> <br/> <a href="https://web.archive.org/web/20150309011141/http://www.apple.com/safari/?hl=en-US" target="_blank">Apple Safari</a> <br/> <br/> <a href="https://web.archive.org/web/20150309011141/http://windows.microsoft.com/en-us/internet-explorer/download-ie" target="_blank">Microsoft Internet Explorer 8+ </a> <br/> <br/> You may proceed to the site by clicking <a href="javascript:closeWarning()" id="closeBrowserDetect">here</a>, however some pages might not work correctly. </div> </div> </div> <script type="text/javascript"> // check if browser is Internet explorer and its version and cookies are set are not if($.browser.msie && ($.browser.version.substr(0,1) <=7) && (!getUBNCookie())) { $('#browserWarning').css({'display':'block'}); } else { closeWarning(); } /* * function to set cookies */ function setUBNCookie() { var name = "ubnbrowsercheck" document.cookie = name + "=true; path=/;domain=.thestreet.com;"; } /* * function to fetch cookies */ function getUBNCookie() { var name = "ubnbrowsercheck" var nameEQ = name + "="; var ca = document.cookie.split(';'); for (var i = 0; i < ca.length; i++) { var c = ca[i]; while (c.charAt(0) == ' ') c = c.substring(1, c.length); if (c.indexOf(nameEQ) == 0) return c.substring(nameEQ.length, c.length); } return null; } /* * close warning page */ function closeWarning(){ setUBNCookie(); $('#browserWarning').css({'display':'none'}); } </script> <div id="wrapper"> <div class="clear-block"> <div style="text-align:center;"> <div style="width:940px; margin:auto;"> <iframe src="https://web.archive.org/web/20150309011141if_/http://res.dallasnews.com/resources/cobrand/street/reg-header.html" width="940" height="180" frameborder="0" align="middle" scrolling="no"> <p>Your browser does not support iframes.</p> </iframe> </div> <div id="TopAd">  <script language="JavaScript" type="text/javascript"> ord=Math.random()*10000000000000000; document.write('<script language="JavaScript" src="https://web.archive.org/web/20150309011141/http://ad.doubleclick.net/adj/'+tscAdsReporting.adsite+'/'+tscAdsReporting.adZone+';cmn=ts;tile=1;sz=728x90;ord=' + ord + '?" type="text/javascript"><\/script>'); </script><noscript><a href="https://web.archive.org/web/20150309011141/http://ad.doubleclick.net/jump/'+tscAdsReporting.adsite+'/'+tscAdsReporting.adZone+';cmn=ts;tile=1;sz=728x90;ord=' + ord + '" target="_blank"><img src="https://web.archive.org/web/20150309011141im_/http://ad.doubleclick.net/ad/universalbusinessnews.thestreet/'+tscAdsReporting.adZone+';cmn=ts;tile=1;sz=728x90;ord=' + ord + '" width="728" height="90" border="0" alt=""></a></noscript>  </div> </div> <div id="buzArea" class="clear-block"> <div id="right_rail" class="region region-right_rail">  <div id="boxAd"> <table celpadding="0" celspacing="0" border="0"> <tr><td align="center">  <script language="JavaScript" type="text/javascript"> ord=Math.random()*10000000000000000; document.write('<script language="JavaScript" src="https://web.archive.org/web/20150309011141/http://ad.doubleclick.net/adj/' +tscAdsReporting.adsite+'/'+tscAdsReporting.adZone+';cmn=ts;tile=2;sz=336x280,300X250,336X850;ord=' + ord + '?" type="text/javascript"><\/script>'); </script><noscript><a href="https://web.archive.org/web/20150309011141/http://ad.doubleclick.net/jump/' +tscAdsReporting.adsite+'/'+tscAdsReporting.adZone+';cmn=ts;tile=2;sz=336x280,300X250,336X850;ord=' + ord + '" target="_blank"><img src="https://web.archive.org/web/20150309011141im_/http://ad.doubleclick.net/ad/' +tscAdsReporting.adsite+'/'+tscAdsReporting.adZone+';cmn=ts;tile=2;sz=336x280,300X250,336X850;ord=' + ord + '" width="336" height="280" border="0" alt=""/></a></noscript>  </script></td></tr></table></div> <div id="quigoAd"> <script type="text/javascript">adsonar_placementId=1528532;adsonar_pid=2402767;adsonar_ps=-1;adsonar_zw=320;adsonar_zh=280;adsonar_jv='ads.adsonar.com';</script><script language="JavaScript" src="https://web.archive.org/web/20150309011141js_/http://js.adsonar.com/js/adsonar.js"></script> </div>  <div class="related_container mostcommented_headline"> <div class="mostcommented_header"><h2>Most Commented </h2></div> <div> <ul class="mostcommented_list"><li class="moscommented_link"><a href="/web/20150309011141/http://business-news.thestreet.com/dallas-morning-news/story/why-obamacare-subsidies-should-be-struck-down-by-the-supreme-court/13064723" title="Why Obamacare Subsidies Should Be Struck Down by the Supreme Court" style="color: #036;">Why Obamacare Subsidies Should Be Struck Down by the Supreme Court</a></li><li class="moscommented_link"><a href="/web/20150309011141/http://business-news.thestreet.com/dallas-morning-news/story/as-china-slows-down-the-philippines-moves-to-grab-foreign-investment/13061148" title="As China Slows Down, the Philippines Moves to Grab Foreign Investment" style="color: #036;">As China Slows Down, the Philippines Moves to Grab Foreign Investment</a></li><li class="moscommented_link"><a href="/web/20150309011141/http://business-news.thestreet.com/dallas-morning-news/story/mannkinds-afrezza-earns-lackluster-review-from-independent-drug-arbiter/13062927" title="MannKind's Afrezza Earns Lackluster Review from Independent Drug Arbiter" style="color: #036;">MannKind's Afrezza Earns Lackluster Review from Independent Drug Arbiter</a></li><li class="moscommented_link"><a href="/web/20150309011141/http://business-news.thestreet.com/dallas-morning-news/story/shale-oil-bust-enters-phase-two-led-by-hercules-and-sandridge/13064256" title="Shale Oil Bust Enters Phase Two, Led by Hercules and SandRidge" style="color: #036;">Shale Oil Bust Enters Phase Two, Led by Hercules and SandRidge</a></li><li class="moscommented_link"><a href="/web/20150309011141/http://business-news.thestreet.com/dallas-morning-news/story/more-regulatory-trouble-for-debt-collectors-as-navient-loses-contract/13070670" title="More Regulatory Trouble for Debt Collectors as Navient Loses Contract" style="color: #036;">More Regulatory Trouble for Debt Collectors as Navient Loses Contract</a></li></ul> </div> </div>  <div id="btmAd"> <table celpadding="0" celspacing="0" border="0"> <tr><td align="center">  <script language="JavaScript" type="text/javascript"> ord=Math.random()*10000000000000000; document.write('<script language="JavaScript" src="https://web.archive.org/web/20150309011141/http://ad.doubleclick.net/adj/' +tscAdsReporting.remnantSite+'/'+tscAdsReporting.adZone+';cmn=ts;tile=3;sz=336x280,300x250;ord=' + ord + '?" type="text/javascript"><\/script>'); </script><noscript><a href="https://web.archive.org/web/20150309011141/http://ad.doubleclick.net/jump/' +tscAdsReporting.remnantSite+'/'+tscAdsReporting.adZone+';cmn=ts;tile=3;sz=336x280,300x250;ord=' + ord + '" target="_blank"><img src="https://web.archive.org/web/20150309011141im_/http://ad.doubleclick.net/ad/' +tscAdsReporting.remnantSite+'/'+tscAdsReporting.adZone+';cmn=ts;tile=3;sz=336x280,300x250;ord=' + ord + '" width="336" height="280" border="0" alt=""/></a></noscript>  </script></td></tr></table></div> </div>   <div id="buzContent" class="virtualpage"> <div class="story-content"> <h1>Uranium Prices Climbing Due to Increased Demand for Nuclear Power</h1> <div class="byLine"> Written by: <span>Bret Kenwell</span> <span class="timestamp">03/06/15 - 3:45 PM EST</span> </div> <div class="tickers"><span>Tickers in this article:</span> UEC USO XLE </div> <div class="tickerpage"> <body> <p>NEW YORK (TheStreet) -- Uranium prices have been on the move over the past six months, up 35% to nearly $40 per pound.</p> <p>That's in stark contrast to the rest of the energy market, which has seen prices sink with crude oil leading the way. There's a supply shortage of just as demand continues is increasing, said Amir Adnani, CEO of <strong>Uranium Energy</strong>  <ticker symbol="UEC" type="EQUITY" primary="NO"></ticker>. </p> <p>Uranium has been in a multi-year bear market, but is finally starting to move to the upside.</p> <div class="related_container tst_article_inset"> <div class="related_header"> <div class="openx_sponsor"><script type="text/javascript"> //<![CDATA[ ord=Math.random()*10000000000000000; document.write('<script type="text/javascript" src="https://web.archive.org/web/20150309011141/http://ad.doubleclick.net/adj/tsc-thestreet.com/;ptn=search;sz=120x30;ord=' + ord + '?"><\/script>'); //]]> </script><noscript><a href="https://web.archive.org/web/20150309011141/http://ad.doubleclick.net/jump/tsc-thestreet.com/;ptn=search;sz=120x30;ord=123456789" target="_blank"><img src="https://web.archive.org/web/20150309011141im_/http://ad.doubleclick.net/ad/tsc-thestreet.com/;ptn=search;sz=120x30;ord=123456789" border="0" alt=""/></a></noscript></div> <style type="text/css">.tst_article_inset .related_header h6{padding-top:4px;}</style> <h6>More Headlines</h6> </div> <ul class="related_list"> <li> <h3><a href="https://web.archive.org/web/20150309011141/http://business-news.thestreet.com/dallas-morning-news/story/why-oil-prices-havent-hit-bottom-yet-one-analysts-view/13070940?utm_source=ubnreadmore&utm_medium=cpc&utm_campaign=ubnreadmore">Why Oil Prices Haven't Hit Bottom Yet -- One Analyst's View</a></h3> </li> <li> <h3><a href="https://web.archive.org/web/20150309011141/http://business-news.thestreet.com/dallas-morning-news/story/how-home-depot-grew-its-online-sales-by-over-1-billion-last-year/13069585?utm_source=ubnreadmore&utm_medium=cpc&utm_campaign=ubnreadmore">How Home Depot Grew Its Online Sales by Over $1 Billion Last Year</a></h3> </li> <li> <h3><a href="https://web.archive.org/web/20150309011141/http://business-news.thestreet.com/dallas-morning-news/story/hearst-business-media-finds-growth-in-subscriptions-actionable-data/13069794?utm_source=ubnreadmore&utm_medium=cpc&utm_campaign=ubnreadmore">Hearst Business Media Finds Growth in Subscriptions, Actionable Data</a></h3> </li> <li> <h3><a href="https://web.archive.org/web/20150309011141/http://business-news.thestreet.com/dallas-morning-news/story/great-quarter-great-year-says-equinix-ceo-as-company-converts-to-reit-status/13069679?utm_source=ubnreadmore&utm_medium=cpc&utm_campaign=ubnreadmore">‘Great Quarter, Great Year,’ Says Equinix CEO as Company Converts to REIT Status</a></h3> </li> <li> <h3><a href="https://web.archive.org/web/20150309011141/http://business-news.thestreet.com/dallas-morning-news/story/emerging-markets-and-european-stocks-more-attractive-than-us-equities/13069488?utm_source=ubnreadmore&utm_medium=cpc&utm_campaign=ubnreadmore">Emerging Markets and European Stocks More Attractive Than U.S. Equities</a></h3> </li> </ul> </div> <p>Adani said that there's demand for cleaner fuel and a desire to curb carbon emissions. </p> <p> <a href="https://web.archive.org/web/20150309011141/http://ycharts.com/companies/UEC/chart/#/?startDate=&endDate=&format=real&calcs=include:true,id:price,,&zoom=1&securities=include:true,id:UEC,,&quotes=false&units=false&maxPoints=575&splitType=single"><img src="https://web.archive.org/web/20150309011141im_/http://media.ycharts.com/charts/b3309742fd0ba3ae5b33b0a027828f57.png" alt="UEC Chart"/><br/> </a>Uranium Energy Corp. <a href="https://web.archive.org/web/20150309011141/http://ycharts.com/companies/UEC">UEC</a> data by <a href="https://web.archive.org/web/20150309011141/http://ycharts.com/">YCharts</a> </p> <p>For example, Japan has received regulatory approval to restart four nuclear reactors this year, with more expected to come on line in the future. </p> <p>Asia, particularly China, also remains a large nuclear power generator and the expectations are for more reactors on the continent to come on line in the future. </p> <p>Growth in other parts of the world would compensate for countries like Germany, which does not rely as heavily on nuclear energy, he said. </p> <p>Regarding Uranium Energy Corp., Adnani said the company is uniquely positioned to take advantage of an increase in uranium demand. </p> <p>It's in an "elite class" among its peers, as it's the only producer in the world that doesn't hedge against price movements, he said. So if uranium prices continue to increase, the company will continue to benefit. </p> <p>The uranium market is in the early innings of what appears to be a long-term turnaround. Uranium Energy Corp. has a low cost structure and is well-positioned for that turnaround, Adnani said. </p> <div>   </div> <p> <strong>Must Read:</strong> <a href="https://web.archive.org/web/20150309011141/http://www.thestreet.com/story/13002167/1/16-rock-solid-dividend-stocks-with-50-years-of-increasing-dividends-and-market-beating-performance.html" target="_blank">16 Rock-Solid Dividend Stocks With 50 Years of Increasing Dividends and Market-Beating Performance</a> </p> </body> </div>  <div id="pagination"> </div> <div id="outbraincontent"> <div id="obabovefooter" class="OUTBRAIN" data-src="https://web.archive.org/web/20150309011141oe_/http://business-news.thestreet.com/story/uranium-prices-climbing-due-to-increased-demand-for-nuclear-power/13070800" data-widget-id="AR_6" data-ob-template="thestreetcom"></div> <div id="obfooter" class="OUTBRAIN" data-src="https://web.archive.org/web/20150309011141oe_/http://business-news.thestreet.com/story/uranium-prices-climbing-due-to-increased-demand-for-nuclear-power/13070800" data-widget-id="AR_3" data-ob-template="thestreetcom"></div> </div> <script type="text/javascript"> var kd_autoplay = "1"; var kd_automute= "1"; var flag_corona_story_video = true; var vidId = "13070688"; </script> <div id="article_video"> <div id="kdp_shim" style="width:580px;height:329px;"></div> <div id="vid_title"></div> <div id="vid_callout"></div> <div id="vid_byline"></div> <div id="latestvideos"><div class="videoSlider"></div></div> </div>  <div id="medianet_links"> <script id="mNCC" language="javascript"> medianet_width='616'; medianet_height= '140'; medianet_crid='112586302'; </script> <script id="mNSC" src="https://web.archive.org/web/20150309011141js_/http://contextual.media.net/nmedianet.js?cid=8CU3EPV5E" language="javascript"></script> </div> <div id="quigoAdArticle"> <script type="text/javascript">adsonar_placementId=1528529;adsonar_pid=2402767;adsonar_ps=-1;adsonar_zw=600;adsonar_zh=280;adsonar_jv='ads.adsonar.com';</script><script language="JavaScript" src="https://web.archive.org/web/20150309011141js_/http://js.adsonar.com/js/adsonar.js"></script> </div> </div> </div> <script type="text/javascript"> if (navigator.userAgent.match(/iPad/i)){ try{ var obft=document.getElementById("obfooter"); obft.setAttribute("data-widget-id","MB_2"); //this is the tablet(ipad) implementation id. }catch(e){}; } var obscript = document.createElement("script"); obscript.type = "text/javascript"; obscript.src = "https://web.archive.org/web/20150309011141/http://widgets.outbrain.com/outbrain.js"; document.body.appendChild(obscript); </script> </div> <script type="text/javascript">OAS_sitepage = 'www.dallasnews.com/street'</script> <script type="text/javascript" src="https://web.archive.org/web/20150309011141js_/http://www.dallasnews.com/bi/includes/omniture/biomniture.js"></script> <div style="width:940px; margin:auto;"> <iframe src="https://web.archive.org/web/20150309011141if_/http://res.dallasnews.com/resources/cobrand/street/reg-footer.html" width="940" height="75" frameborder="0" align="middle" scrolling="no"> <p>Your browser does not support iframes.</p> </iframe> </div> </center> </div> </div>  <script language="JavaScript" type="text/javascript" src="/web/20150309011141js_/http://business-news.thestreet.com/sites/business-news.thestreet.com/themes/business_news/js/reporting.js"></script>  <noscript><iframe src="//web.archive.org/web/20150309011141if_/http://www.googletagmanager.com/ns.html?id=GTM-SS5K" height="0" width="0" style="display:none;visibility:hidden"></iframe></noscript> <script>(function(w,d,s,l,i){w[l]=w[l]||[];w[l].push({'gtm.start': new Date().getTime(),event:'gtm.js'});var f=d.getElementsByTagName(s)[0], j=d.createElement(s),dl=l!='dataLayer'?'&l='+l:'';j.async=true;j.src= '//web.archive.org/web/20150309011141/http://www.googletagmanager.com/gtm.js?id='+i+dl;f.parentNode.insertBefore(j,f); })(window,document,'script','dataLayer','GTM-SS5K');</script>  <script type="text/javascript" src="https://web.archive.org/web/20150309011141js_/http://business-news.thestreet.us.intellitxt.com/intellitxt/front.asp?ipid=27888"></script> </body> </html>