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Uranium price plunges to $46/lb as global economic price bites

Uranium price plunges to $46/lb as global economic crisis bites

MINING WEEKLY By: Irma Venter

Published on 14th November 2008

The uranium spot price has dipped sharply in the face of the current global economic crisis, plummeting from the $90/lb reached in January to the current level of $46/lb.

This is some way off the all-time-high spot price of $136/lb reached in 2007, when fears of a supply shortage loomed large, and the nuclear industry moved back in vogue …………………….

November 14, 2008 - Posted by Christina Macpherson | Uncategorized

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