Uranium Prices Climbing Due to Increased Demand for Nuclear Power
Uranium Prices Climbing Due to Increased Demand for Nuclear Power
NEW YORK (TheStreet) — Uranium prices have been on the move over the past six months, up 35% to nearly $40 per pound.
That’s in stark contrast to the rest of the energy market, which has seen prices sink with crude oil leading the way. There’s a supply shortage of just as demand continues is increasing, said Amir Adnani, CEO of Uranium Energy (UEC).