Biden’s clean energy plan fuelling great expectations for uranium price

Boss Energy set to feed investor appetite for near-term uranium producers with release of pivotal feasibility study. Plus, the runaway share prices of Coda and Sovereign show we were on the mark with our mentions months ago. And Black Canyon prepares to drill after more promising results from its Pilbara manganese prospects.

Uranium stands as the coiled spring of the commodities space. At some point, the price of the nuclear fuel is going to take off.

That’s the broad expectation out there. Ask around about the commodity to watch in the next 12 months and the answer increasingly comes back as uranium.

Maybe so, but the reality is that at $US32/lb (spot), the uranium price remains well below the $US60/lb price considered necessary to incentivise the investment in new supply required to fill the ever-widening gap between supply and long-term demand.That’s been the uranium thematic for years. But thanks to Joe […]

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