The UK Needs to Confront the Weaponisation of the Nuclear Supply Chain

With growing geopolitical competition over the uranium cycle, the UK must take action now to ensure its stability of supply. Since the end of the Second World War, the UK’s electricity generation and infrastructure has been built around fossil fuels. This system has faced two energy crises: in the 1970s, when the Arab oil-producing countries […]

Yellow Cake to make additional uranium purchases

London-quoted Yellow Cake plc has announced plans to buy a further 3 million pounds U3O8 (1154 tU), including 1 million pounds U3O8 from Kazatomprom in addition to that already covered in its option agreement with the Kazakh uranium producer. It also intends to buy some 2 million pounds of material sourced from CGN Global Uranium […]

Uranium prices soar as investors scoop up nuclear power fuel

Bets on clean energy and economic rebound drive yellowcake prices to their highest level since 2014 Nuclear power companies are facing competition for supplies of uranium from financial investors, who are betting on sharply higher prices and demand for the radioactive material used to fuel reactors. The price of raw uranium, known as yellowcake, has […]

Podcast #20: Chat with Bram Vanderelst – Uranium Trader

In today’s episode, Marcelo López spoke with Bram Vanderelst, head of the uranium trading desk at Curzon Resources. Bram, who attended the World Nuclear Association (WNA) Symposium in early September, agreed to come to the L2 Capital podcast and share with us his market insights and his experience in this profession, which is so little […]

Uranium: Getting Ahead of the Curve, Curzon-Style

As it awaits a long-anticipated spike in the yellowcake price, Curzon Resources is doubling down on its innovative strategy of locking in long-term supply via offtake agreements with hopeful juniors rather than investing in their companies or their projects. The London-based firm, which over the past two years has signed two long-term supply deals with […]