Uranium spot prices to climb in ‘staircase’ pattern, Sprott forecasts
Uranium has been buoyed by growing global support for nuclear energy, with more countries pledging to triple nuclear capacity by 2050.
Russian aluminum producer Rusal said on Friday that the company’s board had recommended not paying dividends for the first half of 2024.
The shareholders’ meeting will be held on Sept. 30.
Rusal, controlled by EN+ group, last paid а dividend for the first half of 2022, the first time in five years. It returned $304 million to shareholders.
The company decided not to pay a final dividend for 2022 and did not pay for 2023.
(By Anastasia Lyrchikova; Editing by Mark Trevelyan)
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