The Bull Market in Uranium

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The bull market nobody’s talking about

PATRICK POKE
Livewire Markets

There's no cure for low prices like low prices, and if you're looking for low prices, uranium has suffered some of the lowest of any commodity in recent years. Uranium reached a low of US$18/lb at the end of 2016, a far cry from the US$130/lb it fetched in 2007. Given nearly all the world's mine-supply of Uranium is produced at cash costs of US$25/lb+, this was clearly not sustainable.