Uranium price continues upward climb despite sufficient supply

Industrials Fuels & Power report spot uranium continues to climb.

Uranium spot prices advanced by 50 US cents to US$46.50/lb in the week ended August 9, 2010, according to The Ux Consulting Company. TradeTech had put prices at US$46.00/lb earlier in the week, noting a US$0.75 rise by August 6.

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