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Inventory of Japanese utilities: this week they presented their annual results. There is a very evident drop in #uranium inventories during their FY 2022 (April 22-March 23). Specifically, there have been two uts that have sold a lot of material in the market: Hokkaido and Tohoku
Both have had a NPP utilization rate of 0%. Regarding Tohoku, it has made sales for 25B yen which gives a sale of 3.7Mlbeq approximately. 
Hokkaido has reduced its nuclear fuel by 27B yen, posting a loss of 5.7B yen. It is true that Hokkaido's inventory in relation to its nuclear power capacity is very abundant but the sale of approximately 4Mlbeq of U308 is not crumbs
Between the two are almost 8Mlbeq sold during FY2022. Most probably an important part of these sales went to SPUT, thus sequestering such material from the end user. And guys, the drop in global #uranium inventories will continue irremediably....
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