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Uranium prices are riding a rally that's taking the nuclear fuel past a 15-year high

Por: MarketWatch Business December 04, 2023

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The uranium spot market had been tightening in the past two to three years due to a large “work-off of inventories,” said Jonathan Hinze, president at UxC. That began during the COVD-19 pandemic, when some mines were taken offline and producers had to buy material on the spot market to cover deliveries, he told MarketWatch. Weekly prices for uranium have climbed by nearly 69% year to date, as of Nov. 27, according to data from UxC. UxC The... + full article



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