Gold price rally cripples physical demand in key markets

"It is much easier for us to sell most of our production to Asian partners," CEO Yussupov told the FT.

The state-owned miner has already won approval for 4.7 gigawatts of generation to be built over the next six to seven years.

TMC and its partner PAMCO have produced approximately 500 tonnes of calcine during the first phase of a commercial-scale campaign.

United States Steel Corp. faces the prospect of being broken apart and sold in parts if Nippon Steel Corp.’s $14.1 billion takeover fails.

Nippon also disclosed it had hired former US House majority leader Dick Gephardt to assist in its efforts.

An additional 928,000 tons a year of capacity is set to come online within the next three years.

US Steel warned earlier that a failure to merge with Nippon Steel would put thousands of jobs at risk.

Vice President Kamala Harris on Monday said she wants US Steel to remain "American owned and operated."

BMO expects uranium demand to grow by 2.9% yearly through 2035, driven by China’s push to build new reactors and the potential for reactor restarts in North America.