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    market news

    Uranium’s Bubble in 2012

    Investing News Network
    Mar. 12, 2012 01:34PM PST
    Energy Investing

    Globe and Mail reported on the ups and downs of the uranium market through since the Fukushima nuclear disaster.

    Globe and Mail reported on the ups and downs of the uranium market through since the Fukushima nuclear disaster.

    As quoted in the market news:

    In mid-2007, the spot price for uranium, which is used as feedstock for nuclear reactors, soared to $136 (U.S.) a pound before plunging to $40 amid a flood of new supply in 2009 from Kazakhstan, now the world’s leading uranium-producing nation.

    Click here to read the full Globe and Mail report.

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