Uranium sector - Newsletter by Ringler Research as of 17.07.2017
1: Overview & market comment
2: Our new information portal about uranium: https://www.uraniumstocks.info
3: Uranium sector statistics
4: Top 8 / Worst 8 performing stocks (30.06.17 – 14.07.17)
5: Chart Global X Uranium ETF (URA)
6: Overview of all Australian uranium companies in our database
7: Overview of all North American uranium producers and developers in our database
8: Overview of all North American uranium exploration companies in our database
9: Topic of the week: Nuclear fuel circuit and background information
10: Legal Notes, Disclaimer, Imprint
1.
Brief introduction / comment Ringler Research:
We are happy to present you today our first issue of our uranium sector newsletter which will be send out regulary to all followers of Ringler Research and interested people in the uranium sector. The mission of our both portals www.uraniumstocks.info and the sister-portal in Germany (www.uranaktien.info) is to support and promote the uranium mining industry by creating a “one-stop marketplace”, where investors could follow the latest sector news and learn about the companies involved in the sector. We are convinced that energy and electricity generated by nuclear power plants is a necessary and important part in a balanced energy mix of various fossil and renewable energy sources. Energy produced from nuclear power is CO2-neutral and therefore also indispensable within the framework of important climate protection and stricter climatic conditions, while at the same time a strongly rising demand for electricity.
2.
Our new information portal about uranium: https://www.uraniumstocks.info
We have noticed, the North American uranium companies performed better (up 7.2%) than the Australian ones in the last two weeks. The combined market cap for all Australian companies increased to 845 Mio. USD (up 4.6%).
To enlarge please click on the picture!
3: Uranium sector statistics
We have noticed, the North American uranium companies performed better (up 7.2%) than the Australian ones in the last two weeks. The combined market cap for all Australian companies increased to 845 Mio. USD (up 4.6%).
At the peak of the last large uranium bull market (2000-2007) about 500 companies were active in the uranium sector, currently the number with 65 titles is about 87% lower!
4: Top 8 / Worst 8 performing stocks (30.06.17 – 14.07.17)
To enlarge please click on the picture!
5: Chart Global X Uranium ETF (URA)
Uranium stocks made a big reversal between November 2016 and March 2017 – we are mid to long term bullish for the sector! Please see also the increased money inflow into the sector ETF
6: Overview of all Australian uranium company in our database
7: Overview of all North American uranium producer and developers in our database
8: Overview of all North American uranium exploration companies in our database
9: Topic of the week: Nuclear fuel circuit and background information
Uranium is a chemical element with the element symbol U and the order number 92. In the periodic system, it is in the group of actinides. Uranium is a metal, all isotopes of which are radioactive. It was found in 1789 by Martin Heinrich Klaproth. The melting point of uranium is 1,132 degrees Celsius.
Uranium has a very high energy density. Thus, 1 kg of natural uranium – after an appropriate enrichment and for the generation of electricity in light water reactors – corresponds to almost 10,000 kg of mineral oil or 14,000 kg of coal and enables generation of 45,000 kWh of electricity.
At the beginning of the value chain is the mining of the raw material uranium, which is obtained either in open pit mining, in underground mining or by solution mining industry (ISR method). The method of extraction depends on the characteristics of the ore body. These include, for example, the depth, the type of rock and the ore grades. Typically, the uranium content of the mined ores is about 0.2%. The uranium present in the mined ore is separated from the rest of the rock by various chemical and physical processes. When uranium is spoken, the term „yellow cake“ often comes to mind. This so-called „yellow cake“ contains about 70 to 75% of uranium. The uranium contained in the „yellow cake“ has a natural isotope composition of 0.7% U-235 and 99.3% U-238. However, most nuclear power plants require uranium with a fraction of 3 to 5% of the cleavable isotope U-235. Therefore, the uranium component U-235 must be enriched. Since the enrichment is possible only in the gas state, the uranium is converted into the chemical compound UF6 (uranium hexafluoride). In the fuel assembly, the UF6 is then converted into UO2 (uranium dioxide). The UO2 powder is used for pressing pellets, which are sintered at temperatures of more than 1700 ° C, filled into seamless drawn casing tubes made of a zirconium alloy and gas-tight sealed. Thus, individual fuel rods are obtained, which are then arranged in fuel elements. The fuel elements of a pressurized water reactor contain about 340 kg of uranium, while a boiling water reactor contains about 190 kg of uranium.
The Swiss 1,000 megawatt nuclear power plant in Goesgen consumes 20 tons of enriched uranium or 200 tons of naturally uranium (or approximately 441,000 pounds) every year, producing around 8.5 billion kilowatt hours of electricity. In order to produce the same amount of electricity with other energy sources, one would need either:
• 9,100,000 tonnes of hard coal (equivalent to 180,000 rail cars);
• 4,250,000 tonnes of natural gas;
• 220 square kilometers of solar panels;
• 5,500 state-of-the-art wind turbines with two megawatts each and 4.5 million kilowatt-hours of annual production
In other words, there is much more electricity generated from uranium than from all other energy sources. With only three to four fuel tablets of the size of a glass marble, a four-headed family can be supplied with electricity for one year.
10: Legal Notes, Disclaimer, Imprint
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Ringler Consulting and Research GmbH, the author or employees are holding a net long position (in form of stocks or derivative products eg. CFD’s, options) of the following bespoken companies, financial instruments and commodities in this newsletter publication: Aura Energy, Berkeley Energia, Boss Resources, enCore Energy Corp., Energy Fuels Inc., Marenica Energy Ltd., Peninsula Energy, Uranium Energy Corp, Uranium Resources Inc., Western Uranium.
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