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06.07.26 - 14:00
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Beijing opens lithium futures to foreign traders to cement pricing power over US (SCMP)
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Beijing has unveiled new measures to keep its tight grip on lithium prices, in a move that may give it an edge over the US in the key material vital for electric vehicle and energy storage.
Following mining endeavours worldwide to secure supplies, Chinese authorities announced they would allow offshore industrial players to trade lithium carbonate onshore to cement its pricing power.
Effective July 3, the Guangzhou Futures Exchange, one of China's major commodity bourses, began allowing miners,......
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03.07.26 - 17:15
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Centrus Energy Signs Billion Dollar Contract With DOE For Uranium Enrichment (ZeroHedge)
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Centrus Energy Signs Billion Dollar Contract With DOE For Uranium Enrichment
Following up from the announcement earlier this year when the Department of Energy (DOE) chose multiple companies to receive grant money for restoring domestic uranium enrichment capacity, Centrus Energy has now finalized a contract valued over $1 billion (including options).
"Centrus is competing for funding from the U.S. Department of Energy to expand U.S. enrichment capacity."
Competing with whom?
How much you need? $5BN? $10BN? $20BN? Done https://t.co/i1t7vf3bdl
— zerohedge (@zerohedge) August 25, 2025
Centrus will transition the existing cascade at their Ohio plant from a government-supply production line to commercial operations.
The centrifuges in the current cascade can produce about 900 kg of high-assay low enriched uranium (HALEU) per year. The company has produced about 1,900 kg for the DOE since initial production began in 2023.
The transition to full scale commercial operations has been d...
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