Energy, Carbon Concerns Put Spotlight on Uranium
INTERNATIONAL : December 11, 2007
The spot price of uranium, used to fuel nuclear reactors worldwide, is trading at US$93 per pound on Monday, according to Ux Consulting.
The price has come off due to a seasonal slowdown and inventory de-stocking after hitting a record high of US$136 in June. The price has risen from US$7 in 2000 as nuclear power is back in the spotlight in times of heightened concern about security of energy supply. (...)
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