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Crummy outlook for uranium prices

Outlook for Uranium, Uncommon Wisdom, by Sean Brodrick on March 11, 2010, Gold is shining … oil is heating up … so what’s up with uranium? The once white-hot metal is certainly way off its highs. In fact, the spot price of uranium recently fell to U.S.$40.50…

.Both Macquarie and UBS forecast spot prices will average$47 per pound this year, down from an average of $52 per pound in 2009. In other words: uranium is not expected to join the recovery elsewhere in the commodity space anytime soon.

March 13, 2010 - Posted by Christina Macpherson | 2 WORLD, business and costs | antinuclear, nuclear, nuclear costs, nuclear spin, uranium

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