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MktCap:-MktCap:-MktCap:-MktCap:-MktCap:-MktCap:-MktCap:-MktCap:-MktCap:- Commodities in article Uranium Share article Facebook X LinkedIn Copy Link Key Points The uranium price experienced a massive surge in 2023 and early this year, but has since pulled back Major broker Citi believes there several are short and long term reasons to remain “tactically bullish” on uranium The growing AI and data center themes are likely to increase the demand for power in the USA, and this will support greater demand for US nuclear energy 2024 has been the year of commodity mega-themes: gold, silver, copper, and of course, uranium. Each has captured Aussie investors (and cash) at one time or another this year.As the prices of each of the commodities listed above start to neutralise after massive run-ups, the price of uranium arguably is starting to do more than just neutralise – it’s potentially starting to fall. […]
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