Uranium Prices Could Hit $100 a Pound by Year-End

Dow Jones
Yesterday

0714 GMT - Uranium prices are heading higher over the medium term, Berenberg analysts write in a note. Uranium has a compelling outlook, which could push prices over $100 a pound by the end of the year, they say. Prices are currently around $90 a pound. Over the near term, new projects in Kazakhstan and Canada face risks that lead to a slower ramp-up of supply, they add. Demand is also set to grow as new nuclear reactors are rolled out, they add.

 

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