Japan's nuclear operators are starting to sell some of their huge holdings ...
TOKYO - Japan’s nuclear operators are starting to sell some of their huge holdings of uranium fuel, as chances fade of restarting many more reactors eight years after the Fukushima nuclear disaster.
They could also focus attention on the balance sheets of the country’s utilities, bolstered by holdings of nuclear fuel valued at 2.5 trillion yen , a figure that market experts say is highly unrealistic. Before the meltdowns at Tokyo Electric Power’s Fukushima plant in March 2011 after an earthquake and tsunami, Japan was the world’s third-biggest user of nuclear power behind the United States and France, operating 54 nuclear reactors.
“Some are selling uranium, some are selling more upstream products or services,” such as enriched uranium, he said. “Japanese inventory is a big overhang in the market.” One said it adjusts supplies for optimal inventory levels and three said they have delayed deliveries of fuel.
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