Uranium price soars due to power supply crisis ...News

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Uranium price soars due to power supply crisis
Investors are reportedly bullish on nuclear power amid the worsening energy crisis in Europe Uranium prices have surged to their highest level in a decade, reflecting investors’ optimism in relation to prospects for nuclear fuel demand as the energy crisis keeps raging across Europe, the FT reported this week. According to nuclear fuel market research and analysis firm UxC, as cited by the media, uranium futures were last traded at these levels 10 years ago, disregarding the sharp spike triggered by the start of Russia’s military operation in Ukraine and subsequent sanctions introduced against Moscow by Western co

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