Uranium spot price jumps to US$58.50

Long Tail

Industrial Fuels and Power reports spot uranium jumps to US$58.50 per pound.

Industrial Fuels and Power reports spot uranium jumps to US$58.50 per pound.

The market news is quoted as saying:

TradeTech had reported a similar climb to US$57.50/lb on November 5, noting a two-year high since November 2008. It reported the recent strength of the spot price largely to utilities seeking offers for deliveries ranging from spot- to long-term deliveries.

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