Uranium spot prices drift upward but far below peak

Uranium Investing

Billings Gazette reports spot uranium has risen though not close to the peak. “The gradual downward drift in spot and contract prices over the past 12 months reflects in part the tremendous growth in new mine supply from Kazakhstan’s ISR (in situ recovery) projects,” the report said. Modest upward prices recently could be due to […]

Billings Gazette reports spot uranium has risen though not close to the peak.

“The gradual downward drift in spot and contract prices over the past 12 months reflects in part the tremendous growth in new mine supply from Kazakhstan’s ISR (in situ recovery) projects,” the report said. Modest upward prices recently could be due to purchases from major producers.

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