Uranium price stabilises after recent rally

Industrial Fuels and Power reports on the recent rally of uranium spot price and price stabilisation.

The article is quoted as saying:

While some market participants withdrew temporarily from the uranium spot market earlier in the week due to the steep price increases, they returned in the early days of February. As a result, the spot price for one pound of uranium oxide gained US$0.75, reaching US$73.00/lb and five transactions were concluded in the week, according to TradeTech.

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