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Forget $100 oil. $100 uranium is a real problem.
Mar. 03, 2011 05:05PM PST
Long TailCNN Money reports on the uranium sector and uranium price.
CNN Money reports on the uranium sector and uranium price.
The market news is quoted as saying:
Uranium hit a three-year high of $73 a pound on the spot market at the beginning of February, and there are predictions that it could go much, much higher: a pair of analysts at CRU Group, a commodities and minerals analysis and consulting firm, said in a recent report that prices over the next decade could challenge the all-time high of $136/lb., set in the pre-crash days of 2007.