***MMTA CONF: Nuclear renaissance brings tension to zirconium

Zirconium sponge production capacity will be fully used within three years as nuclear power producers, which dominate use of the minor metal, modernise and extend their plants, said Romain Doublet, marketing & business development director of Cezus-Areva

Zirconium sponge production capacity will be fully used within three years as nuclear power producers, which dominate use of the minor metal, modernise and extend their plants, said Romain Doublet, marketing & business development director of Cezus-Areva. “Investment will be needed. Tension is already there in the market,” he told delegates at the Minor Metals Trade Assn conference in Istanbul. High prices last year, when oil traded at up to $150 per barrel, and national strategies to diversify energy supply away from the Middle East and Russia have driven a “nuclear renaissance”, he said. “Since we have seen the energy crisis [of...

Published

April 28, 2009

12:40 GMT

Istanbul