Uranium spot price soars about $2.50/lb, partly on demand spike

Uranium Investing

Platts.com reports spot uranium soars to $48.00/lb u3O8. The price may break through $50/lb sooner than many had predicted, one analyst said, adding that he expected end-user demand to pick up in the fourth quarter as utilities move to fill any remaining uranium requirements they may have in 2011. For complete story, click here. For […]

Platts.com reports spot uranium soars to $48.00/lb u3O8.

The price may break through $50/lb sooner than many had predicted, one analyst said, adding that he expected end-user demand to pick up in the fourth quarter as utilities move to fill any remaining uranium requirements they may have in 2011.

For complete story, click here.

For uranium stocks information, click here.

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