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URANIUM major Paladin Energy says the outlook for the global uranium market continues to be negatively affected by the restart schedule for Japanese reactors. Paladin said that while two reactors were allowed to restart in July, there were still 48 remaining idle, awaiting government approval to re-commence operations. Uranium players were mixed, with Deep Yellow shares soaring by more than 30%.
Nuclear power remains important to many countries when it comes to energy fuel diversity.
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Buy, Sell, Hold: BHP, FMG and Genesis
Global Wrap: Glencore, Vale and more