By Andrew Nelson

Will they, or won't they?

This is the question that has been holding the uranium market in thrall for over a month now. "They" refers to the Japanese Government and "will they or wont they" refers to the plan to wind down Japan's nuclear program. This unanswered question now has uranium spot sellers in full retreat.

After announcing the restart of reactors back in June, the Japanese government said last month it would look to phase out nuclear power by 2040. As