Uranium to Fetch $90 as Indian Reactors Drive Demand

The uranium industry's worst year is about to collide with a nuclear construction program in India and China that rivals the ones undertaken during the oil crisis of the 1970s.

The result is likely to be a 58 percent rebound in uranium to $90 a pound from $57 on June 25, 2008, according to Goldman Sachs JBWere Pty and Rio Tinto Group, the third-biggest mining company. Uranium plunged 57 percent in the past year as an earthquake damaged a Japanese nuclear plant that's the world's largest and faults shut down reactors in the U.K. and Germany. Watch current price

La Slovénie minimise l'incident intervenu dans sa centrale nucléaire

SLOVENIE. Les autorités slovènes ont été mises en causes pour des «cafouillages» dans leur système d'alerte nucléaire. Elles ont insisté jeudi sur le caractère mineur de l'incident signalé la veille dans leur unique centrale atomique Krsko, à l'origine d'une alerte européenne.

«Il n'y a pas eu d'accident, seulement une fuite mineure» de liquide dans le système primaire de refroidissement, a souligné le ministre slovène de l'environnement, Janez Podobnik, son arrivée jeudi , Luxembourg pour participer à une réunion avec ses collègues de l'Union européenne.

Coolant problem closes Slovenia nuclear plant

LJUBLJANA, Slovenia (AP) -- A reactor at Slovenia's only nuclear power plant was being shut down Wednesday after a water leak, but there was no danger to people or the environment, the country's nuclear watchdog said.

A statement from the Nuclear Safety Administration said the reactor at the Krsko power plant was being shut down as a precaution so that technicians can inspect the cause of the problem.