(Image via Azincourt Energy Corp.) 2021 is shaping up to be a big year for uranium as global demand continues to rise with trends pointing toward greater energy consumption and lower carbon solutions ….
A decade since the Fukushima disaster and the spot price for U3O8 moved above $30 per pound for the first time this year, a rebound from an 11-month low of $27.60 nearly a month ago. Producers and mine developers are collecting inventories above-ground and reactor construction continues for a number of others. Major uranium companies (Such as Kazakhstan’s JSC National Atomic Company Kazatomprom and Toronto-based Denison Mines Corp ( TSX: TDML ) ) recently announced plans to make purchases of this nuclear fuel.
Uranium prices have yet to reach their values from early 2020 … but that could mean opportunity awaits for investors. There are several producers and explorers out there who have seen their share […]
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