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TradeTech introduces mid-term uranium price indicator

Thu, Jul 2, 2009

Uranium Market News

TradeTech reports a new mid-term uranium oxide (U3O8) price indicator on June 30, 2009.

“The Mid-Term U3O8 Price Indicator applies to transactions where deliveries begin immediately beyond the 12-month spot delivery window and occur within one to two years from that point, as either stand-alone agreements or as part of longer-term contracts,” said TradeTech President Treva Klingbiel. The new monthly price indicator is based on typical terms and conditions being offered and accepted in today’s market, such as payment terms, escalation factors, contract quantities and durations, quantity flexibilities, and delivery locations. It is not relevant to transactions that are market-escalated, cost of production-related, nor reflect any other pricing mechanisms that are not base-escalated.

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Asides
  • Conferences and Trade Shows: For more information on the uranium market and companies, add the U2009 Global Uranium Symposium conference May 9-13, 2009 in Keystone, CO to your calendar.  Other shows include: Cambridgehouse, IIC, Chicago Resource Expo

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  • The Uranium Investing Glossary: This glossary covers investing in junior resource companies. For the experienced investor or the newbie, you should find everything you need here. If not, let us know and we’ll research and add what you’re looking for.

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  • u3o8.biz Database of Uranium Companies/Uranium Stocks: A comprehensive list of uranium companies including: Trading Symbol, Share Price, Market Cap, Resource, Land Holdings, and Market Cap / U3O8 lbs

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  • ResponsibleMiner.com is a new web site with a wiki for mining companies and suppliers can discuss best practices in the mining industry.  Also, check for profiles of companies doing great things to improve mining best practices.

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