This story features PALADIN ENERGY LIMITED, and other companies. For more info SHARE ANALYSIS: PDN
Brokers and industry consultant TradeTech question the growing disconnect between the U308 spot price and uranium market demand/supply dynamics.
-Activity pops in the last week of August
-U308 spot price remains under pressure
-Aussie producers simply too cheap? Buyers surface as U308 price falls It has not escaped the attention of Petra Capital that Kazatomprom’s updated 2025 production guidance (Aug 23) of 65-69mlbs of U308, a reduction of -8-13mlbs from guidance at the start of 2024, has not had the expected impact on share prices of ASX-listed uranium companies.Industry consultant TradeTech makes a similar observation in its August monthly update regarding the world’s largest uranium producer’s revised 2024 and 2025 production and the (absent) resulting reaction in spot uranium prices.Kazatomprom revised up its 2024 production estimates at the start of August as part […]
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