Nuclear so-called "renaissance" ignites uranium boom
More governments embrace atomic energy, view it as producing less greenhouse gases than fossil fuels.
By Nick Trevethan – SINGAPORE
Uranium prices are closing in on $100 a pound — a 10-fold increase in five years — and prices could climb sharply higher yet as more governments embrace atomic energy despite dwindling supplies of yellow cake to power the reactors.
The spot price for uranium jumped $4 to $95 a pound (lb), according to weekly (...)