BUZZ-Jefferies constructive on medium-term outlook for uranium sector

Reuters
18小時前
BUZZ-Jefferies constructive on medium-term outlook for uranium sector

** Analysts at Jefferies flag heightened volatility in the short-term for uranium prices but remain constructive on medium-term outlook

** Brokerage says medium term-outlook is backed by disciplined production strategies, supply deficits and a rise in global reactor demand from U.S., China and Europe

** Primarily covers three ASX-listed uranium miners, Paladin Energy PDN.AX, Boss Energy BOE.AX and Deep Yellow DYL.AX

** Says acceleration of open pit mining by Paladin would be positive for co and expects regular updates through 2025 from Patterson lake south project

** Brokerage views Boss Energy's Honeymoon project to continue proving its technical capability; expects BOE to increase focus on capital management

** Jefferies says final investment decision, debt and offtakes are expected from March ahead of Deep Yellow's commencement of the Tumas project, which brokerage views positively

(Reporting by Rishav Chatterjee in Bengaluru; Editing by Alison Williams)

((Rishav.Chatterjee@thomsonreuters.com;))

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