Yellow Cake Share Price (YCA)

No change in Cameco's monthly long-term figures (April $77.5 same as March) https://www.cameco.com/invest/markets/uranium-price

Hard to make sence of given that Numerco always shows a normal contango market https://numerco.com/NSet/aCNSet.html .

91.75 93.00 Numerco - buyer chasing

"Environment and Energy Security Minister Gilberto Pichetto said Thursday that the government aims to pass the necessary legislation to make Italy's return to nuclear power possible by the end of the current parliamentary term.

Italy closed its nuclear plants in 1990 after the 1987 referendum on atomic energy following the Chernobyl disaster.

However, Premier Giorgia Meloni's administration says this policy should be revised, given that nuclear energy has a low carbon footprint and there is a need to reduce greenhouse gas emissions to meet European and international targets for combating the climate crisis.

The country is also looking to boost its energy security following the war caused by Russia's invasion of Ukraine.

"Yes, we'll give it our all," Pichetto told Radio 24 when asked if the legislative framework for nuclear energy could be changed by the end of parliament.

"This is this mandate of the government and of parliament."

"I am acting via a working group that must take care of the judicial framework. "

Link: https://www.ansa.it/english/news/politics/2024/05/02/law-for-return-to-nuclear-by-end-of-this-parliament-pichetto_13c0ae18-efaa-4876-876a-bcbce0022a78.html

"It's taken 17 years, but uranium's record price of US$146/lb set in 2007 could soon be passed with Citi, a leading investment bank, forecasting $151/lb as its bull case price for the nuclear fuel"

Link: https://www.mining-journal.com/miner-s-right/opinion/4204584/russian-uranium-ban-drive-price-record-usd151-lb

"Data center developers in Northern Virginia are asking utility Dominion Energy Inc. for as much power as several nuclear reactors can generate, in the latest sign of how artificial intelligence is helping drive up electricity demand.

Dominion regularly fields requests from developers whose planned data center campuses need as much as “several gigawatts” of electricity, Chief Executive Officer Bob Blue said Thursday during the company’s first-quarter earnings call. A gigawatt is roughly the output of a nuclear reactor and can power 750,000 homes."

Link: https://www.bloomberg.com/news/articles/2024-05-02/data-centers-now-need-a-reactor-s-worth-of-power-dominion-says