Uranium Rises to Highest Since August 2008 on China Contracts

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Bloomberg.com reports the surging uranium price since August 2008 on Chinese contracts.

Bloomberg.com reports the surging uranium price since August 2008 on Chinese contracts.

The market news is quoted as saying:

Uranium rose to the highest in more than two years after China Guangdong Nuclear Power Co. agreed on long-term supply with the two largest producers and expectations Asia’s biggest economy will boost its reactor-building targets.

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