https://www.mining.com/uranium-hits-new-post-fukushima-high/
Uranium hit $91 per lb. this week, another record since triple-digit prices in 2007 and the fallout after the 2011 Fukushima disaster in Japan that saw several countries curb nuclear energy plans. The price has increased from about $50 per lb. at mid-year.
The price could now be near a level that can sustain new mining projects as the globe increasingly looks to atomic power to help combat global warming. The increase comes as 24 nations including the United States, Japan, Canada, Britain and France pledged last month in Dubai at the 28th Conference of the Parties to the United Nations Framework Convention on Climate Change, known as COP28, to triple nuclear power capacity by 2050.
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