Uranium & Fuel

Uranium / As Bull Market Continues, Industry Faces Decisions On Resuming Production At Dormant Mines

By David Dalton
29 January 2024

Nuclear renaissance has seen demand outstrip supply, says Sprott

As Bull Market Continues, Industry Faces Decisions On Resuming Production At Dormant Mines
With uranium prices currently spiking at around $106/lb in recent weeks, the industry is approaching the point where it makes fiscal sense for mines to resume production, Steve Schoffstall, director, ETF product management at investment company Sprott Asset Management said in an update.

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