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  • Casual Articles - New Spot Uranium Price - US $95 per Pound

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    8 equivalent contained in UF6 and one for less than 300 thousand pounds of U3O8 were completed in the past week. Material was sold for imm
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    Is it springtime euphoria or March Madness? History is being made every few weeks in the uranium pricing market. Friday’s announcement by TradeTech’s Nuclear Market Review magazine, raising the weekly spot uranium price to US$95/pound demonstrates another milestone. Soon, it won’t matter whether comparisons are made in constant U.S. dollars or inflation-adjusted currency.

    This past week, three transactions were reported by NMR editor Treva Klingbiel for less than one million pounds U3O8 equivalent. Two transactions of 650 thousand pounds U3O8 equivalent contained in UF6 and one for less than 300 thousand pounds of U3O8 were completed in the past week. Material was sold for imme

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    TradeTech’s Nuclear Market Review magazine, raising the weekly spot uranium price to US$95/pound demonstrates another milestone. Soon, it won’t matter whether comparisons are made in constant U.S. dollars or inflation-adjusted currency.

    This past week, three transactions were reported by NMR editor Treva Klingbiel for less than one million pounds U3O8 equivalent. Two transactions of 650 thousand pounds U3O8 equivalent contained in UF6 and one for less than 300 thousand pounds of U3O8 were completed in the past week. Material was sold for imm

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    won’t matter whether comparisons are made in constant U.S. dollars or inflation-adjusted currency.

    This past week, three transactions were reported by NMR editor Treva Klingbiel for less than one million pounds U3O8 equivalent. Two transactions of 650 thousand pounds U3O8 equivalent contained in UF6 and one for less than 300 thousand pounds of U3O8 were completed in the past week. Material was sold for imm

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    were reported by NMR editor Treva Klingbiel for less than one million pounds U3O8 equivalent. Two transactions of 650 thousand pounds U3O8 equivalent contained in UF6 and one for less than 300 thousand pounds of U3O8 were completed in the past week. Material was sold for imm
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    8 equivalent contained in UF6 and one for less than 300 thousand pounds of U3O8 were completed in the past week. Material was sold for immediate and June deliveries.

    “Seven buyers continue to seek over three million pounds,” according to Treva Klingbiel She added that several additional utilities have begun making preliminary inquiries about future purchases. “Buyers remain willing to pay higher prices,” Klingbiel wrote.

    Perhaps higher uranium pricing prompted the transaction between Exelon (NYSE: EXC) and UrAsia Energy (TSX: UUU), announced this past week for 2.5 million pounds of U3O8 to be delivered to the Illinois-based utility between 2009 and 2013. The uranium will

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