Michele Kearney's Nuclear Wire

Major Energy and Environmental News and Commentary affecting the Nuclear Industry.

Tuesday, April 7, 2015

Texas Rare Earth Resources and AREVA Sign Uranium Deal

Texas Rare Earth Resources and AREVA Sign Uranium Deal
Sierra Blanca, TX (SPX) Apr 07, 2015 - Texas Rare Earth Resources Corp. has entered into a uranium offtake agreement with a subsidiary of AREVA, the world's largest nuclear and renewables energy company, headquartered in France. According to the agreement, TRER will supply up to 300,000 pounds of natural uranium concentrates (U308) per year based upon a pricing formula indexed to U308 spot prices at the times of delivery. ... morehttp://www.nuclearpowerdaily.com/reports/Texas_Rare_Earth_Resources_and_AREVA_Subsidiary_Sign_Uranium_Offtake_Agreement_999.html

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