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IFandP reports spot uranium market showing some signs of gain with seven transactions bringing July’s total volume to 3.4Mlb.
IFandP reports spot uranium market showing some signs of gain with seven transactions bringing July’s total volume to 3.4Mlb.
The market news is quoted as saying:
Last week the spot uranium market concluded seven transactions with 700,000lb changing hands and bringing July’s total volume to 3.4Mlb. As a result, by 2 August, the spot price rose 25 cents to US$52.00/lb. Three days later, the weekly spot price of one pound of uranium oxide gained US$2.00, reaching US$51.00 on 5 September, according to The Ux Consulting Company.
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