Shaw and Partners forecasts US$150 uranium price amid global nuclear renaissance

Shaw and Partners uranium price forecast The research arm of local broking firm Shaw and Partners has significantly upgraded its uranium price forecast on the back of increasing demand and a nuclear acceptance by a growing number of governments around the world.

In a new report, Shaw and Partners has materially upgraded its uranium price forecasts to peak at around US$150 a pound in CY25/26/27.

The current uranium spot price is at a current level of around US$106/lb, up from US$94 last month and US$59 one year ago.

Invest in the latest ASX IPOs and placements The high-flying uranium price comes at a time when the Australian opposition party claims the public is switching its allegiance with regard to the use of nuclear energy.According to Federal Shadow Minister for Climate Change and Energy Ted O’Brien, Australia’s energy minister Chris Bowen is out of step with his own electorate on the need […]

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