The planned restart of a mothballed uranium mine in Australia -- the world’s third-largest producer -- is a fresh sign that developers are beginning to respond to an improving demand outlook.

UEX has agreed to up its offer to acquire JCU to $41 million, with Denison agreeing to pay UEX $20.5 million for a 50% interest.

Uranium production is expected to grow at a CAGR of 6.2% between 2021 and 2025.

Western Uranium says the physical uranium purchase complements its Sunday mine complex production plans.

IDTechEx sees redox flow batteries overtaking the li-ion battery energy capacity installed by 2031.

The Ottawa-based company has entered the formal phase of the Canadian Nuclear Safety Commission licensing process.

The licence was cancelled in July 2020 and its reinstatement is subject to the completion of exploration and development milestones.

Cameco's stock hit its highest in six years, with the company ending the quarter with over $1bn in cash and adding 9 mlb U3O8 to its portfolio.