nuclear-news

Enriched Uranium cleanup sales cause price drop in uranium

Uranium Drops 4.7% After U.S. Approves Fuel Transfers, UxC Says, Bloomberg By Jason Scott – Mar 8, 2011 Uranium prices fell 4.7 percent after the U.S. authorized transfers of the nuclear fuel to fund accelerated cleanup operations at a former enrichment plant owned by the government, according to Ux Consulting Co.Uranium-oxide concentrate for immediate delivery traded at $66.50 a pound in the seven days ended yesterday, down from $69.75 the week before, UxC said in an e-mailed report today, based on the most competitive offer tracked by the Roswell, Georgia-based company…….

March 10, 2011 - Posted by Christina Macpherson | Uranium