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While the uranium spot price continues to exhibit low volatility, three megatrends are tipped to increase the demand outlook for nuclear energy
-Three megatrends contributing to uranium demand
-Strong week for uranium equities
-Uranium spot price continues to trade between US$29.00-30.00/lb
By Mark Woodruff
The demand outlook for nuclear energy continues to improve, just as global uranium supply has shifted into a record supply deficit. Canaccord Genuity expects the deficit to continue and U3O8 demand to grow to 252m pounds (up 45%) by 2035 on the back of tailwinds from three key megatrends.
NT mine closure has Jabiru community anxious about an uncertain future, and some are already leaving
SatSaturday 12
DecDecember 2020 at 11:01pm
Denise House has lived in Jabiru for three years, and is leaving when her partner s contract winds up soon.
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Packing her life away into boxes and preparing to shift out of her small Northern Territory town has had an emotional impact on Denise House but it s not the feeling she expected.
Key points:
Dozens of mining families are expected to leave town in coming months
Future rental prices and the standard of the town s housing remains unknown