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US Dept of Energy Looks to Produce More Uranium for Cutting-Edge Nuclear Reactors

The US government is looking to advance the country’s nuclear power capabilities, and with that produce more more high-assay low-enriched
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This article was originally published by The Deep Dive

The US government is looking to advance the country’s nuclear power capabilities, and with that produce more more high-assay low-enriched uranium fuel in an effort to align with a less carbon-intensive future.

As reported by CNBC, the Department of Energy on Tuesday formally requested additional information regarding intentions to produce large quantities of high-assay low-enriched uranium fuel (HALEU) in order to power a new generation of nuclear reactors. As of current, the National Nuclear Security Administration of the DOE develops just enough uranium to meet the demand of its nonproliferation and defense missions.

However, the latest information-gathering step is necessary for the country’s plans to eventually create cheaper, smaller and more safe nuclear reactors that would be able to meet growing energy demand. “I have long supported the commercialization of advanced nuclear technologies as a zero-emission source of baseload energy,” said Senator Joe Manchin, who, despite being the main Democrat opposing President Joe Biden’s $1.75 trillion spending bill, appears to convey support for the DOE’s latest plans.

“I am pleased that the Department of Energy is moving ahead with this announcement that will lead to a domestic supply of high-assay low enriched uranium in the United States.” added Manchin. Unlike traditional uranium processing, which creates about 5% uranium-135— the particular isotope needed for nuclear fission reactions, HALEU is enriched with about 20% U-235, making it a substantially more efficient fuel.


Information for this briefing was found via CNBC. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

The post US Dept of Energy Looks to Produce More Uranium for Cutting-Edge Nuclear Reactors appeared first on the deep dive.

Author: Hermina Paull

Energy & Critical Metals

Here’s What Triggered Today’s Selloff

Well, the stock market sure woke up on the wrong side of the bed this morning!

Source: ventdusud / Shutterstock.com

After a long holiday weekend, investors…

Well, the stock market sure woke up on the wrong side of the bed this morning!

Source: ventdusud / Shutterstock.com

After a long holiday weekend, investors were greeted with a more than 1% drop in the major indices. The NASDAQ was hit particularly hard, down as much as 2% earlier in the trading day. The fact of the matter is Wall Street was cranky because the 10-year Treasury surged to a two-year high today.

The 10-year Treasury yield now sits at about 1.85%. That’s up from 1.51% on December 31, 2021. That’s a fairly dramatic rise in the 10-year Treasury, and it’s a big reason for why we saw a massive rotation out of the tech-heavy index today.

The financial media would have you believe higher rates will hurt tech stocks, but that’s simply not true. Here’s the reality: The global pandemic accelerated technological change, with many folks working and studying remotely. And this technological change boosted productivity in the U.S., with several industries leading the productivity miracle. So, tech stocks, especially semiconductor companies, will have some of the best quarterly results in mid-January through mid-February. And wave-after-wave of positive results will not only help these stocks firm up but also drive their shares higher. It’s one reason why I’m betting big on 5G.

Tech stocks aside, this earnings season should also trigger rebounds in fundamentally superior stocks that were hit during today’s selling. I expect Wall Street to become laser-focused on earnings over the next five weeks, and after all the reports are out, we’ll see who’s left standing. I anticipate the winners will be those with superior fundamentals, i.e., my Breakthrough Stocks. My Buy List companies have 57.2% average forecasted annual sales growth and 231% average forecasted annual earnings growth. They should also issue positive forward guidance.

Now, due to more difficult year-over-year comparisons, my Breakthrough Stocks are actually “decelerating” from the previous 78.2% average annual sales growth and 724.8% average annual earnings growth. However, my Buy List stocks are still set to achieve earnings and sales growth well above the average S&P 500 company. According to FactSet, the S&P 500 is anticipated to achieve 21.8% average earnings growth and 12.9% average revenue growth.

The Bellwether Steps Up to the Earnings Bat

We’ve heard from a few companies so far, including the Big Banks (I’ll review their quarterly results later in the week, so stay tuned for that!), but I’m most excited to hear from Alcoa Corporation (NYSE:AA), which will report its fourth-quarter earnings results tomorrow afternoon. As you probably know, Alcoa is known for establishing the aluminum industry more than 130 years ago. The company primarily manufactures and sells bauxite, the primary source of aluminum, as well as alumina, aluminum, cast products, energy and rolled products. Alcoa actually is one of the largest bauxite producers in the world with seven active mines, as well as is the leading producer of alumina.

Alcoa is also considered a “bellwether” for earnings season, as it’s a stock investors have turned to in the past as an indicator for how the coming earnings season will shake out. Currently, analysts expect Alcoa’s earnings to surge 653.8% year-over-year to $1.96 per share, up from earnings of $0.26 per share a year ago. Revenue is estimated to climb 40.5% year-over-year to $3.36 billion.

I should note that analysts have lowered earnings estimates in the past three months, following the company’s announcement that it will temporarily halt production at its Spain plant due to rising energy costs. Alcoa noted that the production halt would reduce earnings by $0.32 per share, which is why analysts have lowered earnings estimates initially. Interestingly, in the past week, analysts have increased estimates by nearly 11%.

Personally, I believe Alcoa will post impressive fourth-quarter results. The reality is that aluminum prices are trekking higher again. The World Bank revealed that aluminum prices jumped from $2,004 per tonne in January 2021 to more than $2,900 per tonne in January 2022. Prices are anticipated to rise 6% this year, thanks to ongoing demand from the auto industry, rising energy prices and supply shortages.

Suffice it to say, Alcoa is the stock to watch tomorrow.

But for today, don’t be discouraged by today’s wild market gyrations. The reality is that earnings work 70% of the time, so given that earnings momentum has tapped the brakes a bit due to tougher year-over-year comparisons, I think companies that achieve better-than-expected results will see their shares climb higher as investors celebrate their results.

It’s why now is the time to make sure you’ve filled your portfolio with fundamentally superior stocks. If you’re not sure where to look, you might want to review my Breakthrough Stocks Buy List. As I mentioned, my stocks should post much strong earnings than the average S&P 500 company. I should also note that I recently created a special model portfolio I call the 5G Hypergrowth Portfolio: Six Stocks to Incredible Wealth. Each company is directly in line to profit from 5G.

I will be recommending another 5G stock on Thursday, after the market close. So, if you join Breakthrough Stocks today, you’ll have access to this new recommendation as soon as it’s released.

For full details, click here.

Sincerely,

Louis Navellier

The Editor hereby discloses that as of the date of this email, the Editor, directly or indirectly, owns the following securities that are the subject of the commentary, analysis, opinions, advice, or recommendations in, or which are otherwise mentioned in, the essay set forth below:

Alcoa Corporation (AA)

Louis Navellier, who has been called “one of the most important money managers of our time,” has broken the silence in this shocking “tell all” video… exposing one of the most shocking events in our country’s history… and the one move every American needs to make today.

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Energy & Critical Metals

Be Ready To Take Advantage of a Dip in Lucid Stock

If you’ve been waiting to buy Lucid Group (NASDAQ:LCID) on the cheap, this may be your chance. LCID stock currently sits 32% below its high of $57.75,…

If you’ve been waiting to buy Lucid Group (NASDAQ:LCID) on the cheap, this may be your chance. LCID stock currently sits 32% below its high of $57.75, made in mid-November. Shares have fallen nearly 14% in the past week alone as the company approaches the lockup expiration for legacy shareholders.

Source: ggTravelDiary / Shutterstock.com

Following the completion of its successful blank-check merger in late July with special purpose acquisition company Churchill Capital Corp IV, LCID stock shot up as much as 129%. This isn’t all that surprising when you consider what a hot commodity electric vehicle stocks were at the time.

Today, shares sit about 55% above their public debut, having been caught up in a broader sell-off in the sector and in anticipation of some volatile trading around the end of the lockup period. If LCID stock falls to $35 or lower in the coming days, it may be time to pounce.

What Does the Lockup Expiration Mean for LCID Stock?

The lockup period for existing Lucid shareholders expires on Jan. 19, which marks 180 days from the closing of the SPAC merger with Churchill. That means those shareholders are free to dump their stock or trim their positions.

When the reverse merger closed, there were 1.19 billion shares of LCID stock held by legacy shareholders, according to a filing submitted to the Securities and Exchange Commission. The largest shareholder, by far, is the Saudi Public Investment Fund. It holds a 67.2% stake in Lucid.

If we see a huge amount of shares hit the market tomorrow, it’s a good indication that legacy shareholders think LCID stock is a little overvalued right now.

The first private investment as public equity (PIPE) lockup expiration for LCID stock occurred on Sept. 1. In the week preceding the event, LCID stock fell 8.5%. It fell another 11% on Sept. 1. Three months later, though, the share price had more than doubled.

Lucid at a Glance

Lucid CEO Peter Rawlinson was best known (before his Lucid days) as the vehicle engineer for the Tesla (NASDAQ:TSLA) Model S. Tesla, which delivered more than 900,000 vehicles in 2021, now has a market cap of more than $1 trillion. It’s no wonder Lucid devotees dream of similar success for the EV startup.

Compared to Tesla, Lucid is a baby. The first vehicle deliveries of the Lucid Air sedan were made on Oct. 30. However, the vehicle was named the MotorTrend 2022 Car of the Year and the company said it had more than 17000 reservations as of Nov. 15.

Lucid plans to produce 20,000 vehicles this year at its plant in Arizona. Currently, the factory has a top capacity of 34,000 vehicles, according to Lucid. But an expansion project that’s already underway should allow the company to produce 90,000 vehicles a year by the end of 2023. What’s more, management has plans to open plants in China and the Middle East.

Lucid’s Nov. 15 earnings report was its first as a publicly traded company. Lucid reported a Q3 loss of 42 cents per share versus analysts’ expectations of a loss of 25 cents per share. But LCID stock jumped 24% on the day because investors were impressed with the company’s growth projections.

The Bottom Line on LCID Stock

Undoubtedly, Tesla is the big brother in this relationship. Elon Musk’s company will be a formidable competitor.

That’s one reason why Redburn analyst Charles Coldicott initiated coverage of LCID stock with a price target of $39 and a “neutral” rating.  He says Lucid should win a “fairly moderate” market share in the U.S., but warns it will have more difficulties in the global market where China has a greater advantage.

Personally, I think the $39 price target is low. If we see LCID stock dip to $35 or below after the lockup period ends tomorrow, it could present an excellent entry point.

On the date of publication, Patrick Sanders was long TSLA stock. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines.

Patrick Sanders is a freelance writer and editor in Maryland, and from 2015 to 2019 was head of the investment advice section at U.S. News & World Report. Follow him on Twitter at @1patricksanders.

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Synthetic Graphite Market Size Overview 2021: by Industry Growth Rate, Future Plans, Forthcoming Development Status, and Sales Revenue, Regional Share Forecast to 2028

Get Sample Report   Purchase Complete Report Now Global Synthetic Graphite Market research is an intelligence report with meticulous efforts undertaken…

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Synthetic graphite is a man-made substance manufactured by the high temperature processing of amorphous carbon materials. The types of amorphous carbon used as precursors to graphite are many, and can be derived from petroleum, coal, or natural and synthetic organic materials. In some cases graphite can even be manufactured by the direct precipitation of graphitic carbon from pyrolysis of a carbonaceous gas such as acetylene (pyrolytic graphite). One important commonality between all graphite precursors is that they must contain carbon. Graphite is carbon, a specific form of carbon, so it can only be derived from other carbon containing substances.

The report forecast global Synthetic Graphite market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021E-2026F due to coronavirus situation.

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First, this report covers the present status and the future prospects of the global Synthetic Graphite market for 2016-2025.

And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].

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Market Overview, Development, and Segment by Type, Application & Region

Part 2:

Company information, Sales, Cost, Margin etc.

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Global Market by company, Type, Application & Geography

Part 4:

Asia-Pacific Market by Type, Application & Geography

Part 5:

Europe Market by Type, Application & Geography

Part 6:

North America Market by Type, Application & Geography

Part 7:

South America Market by Type, Application & Geography

Part 8:

Middle East & Africa Market by Type, Application & Geography

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Market Features

Part 10:

Investment Opportunity

Part 11:

Conclusion

Market Segment as follows:

By Region

Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]

Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]

North America[United States, Canada, Mexico]

Middle East & Africa[GCC, North Africa, South Africa]

South America[Brazil, Argentina, Columbia, Chile, Peru]

Key Companies

The Medicines Company

Keyken

Minapharm

Abbott

SALUBRIS

Pfizer, Inc

Teva Pharmaceutical Industries Ltd

DUOPUTAI

Pentapharm

Market by Type

Natural Hirudin

Recombinant Hirudin

Market by Application

Thrombosis Disease

Tumor Disease

Others

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  • What are the key outcomes of Porter’s five forces analysis and the SWOT analysis of the key players functioning in the Global Synthetic Graphite Market?
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MR Accuracy Reports’ well-researched inputs that encompass domains ranging from IT to healthcare enable our prized clients to capitalize upon key growth opportunities and shield against credible threats prevalent in the market in the current scenario and those expected in the near future. Our research reports arm our clients with macro-level insights across various key global regions that equip them with a broader perspective to align their strategies to capitalize on lucrative growth opportunities in the market.

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