Syrah Resources secures loan waiver amid Mozambique unrest
The company suspended operations at its flagship graphite mine in December.
Despite reactor closures in Europe and the U.S., the global outlook for uranium looks bright, with Asia’s burgeoning nuclear energy industry fuelling demand for the radioactive metal.
Australia’s uranium market is also set for a bright future, with a strong possibility of new mines opening in Western Australia provided global demand strengthens as forecast.
