I can answer the why? bit. Almost all Uranium miners/processors have been looking for ways to significantly cut mining and production costs. They have access to some of the best brains in the respective industries of chemical/mining/mechanical engineering, and even probably physicists. This has been done simply to survive the down-turn in the ore price. Those that weren't viable or couldn't cut costs are gone.
I read somewhere there used to be over 100 so-called Uranium miners at one point, and we're down to about 12 that actually have any promise / resources left.
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Last
$7.25 |
Change
-0.920(11.3%) |
Mkt cap ! $2.893B | |||
| Open | High | Low | Value | Volume |
| $7.55 | $7.81 | $7.07 | $105.3M | 14.33M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 276 | $7.24 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.28 | 180 | 1 |
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| Last trade - 16.14pm 23/07/2025 (20 minute delay) ? |
| PDN (ASX) Chart |