the once weekly update seems SLOW as it is already out of date
"
Uranium prices soared to $57.75 per pound in June, the highest in 14 months, amid increasing concerns that the current capacity of producers throughout the cycle is not fit to meet bullish long-term demand. Major economies continue to announce plans to increase nuclear power capacity to strengthen energy security and lower carbon emissions, solidifying expectations of strong uranium buying activity for decades to come. In the meantime, two bills to ban the import of Russian uranium were approved by US government committees, aligning with many European utilities that have voluntarily shunned Russian supplies. The developments pressed imports from one of the top producers of enriched nuclear fuel, placing pressure on the capacity of scarce Western converters and enrichers. Supply concerns were exacerbated by Russian firms winning contracts to mine uranium in Kazakhstan, threatening the neutrality from the world’s top uranium miner and increasing purchasing competition from China."
Have a great day all
THE SQUEEZE IS ON, page-811
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Last
$7.29 |
Change
-0.050(0.68%) |
Mkt cap ! $2.180B | |||
| Open | High | Low | Value | Volume |
| $7.45 | $7.47 | $7.14 | $32.63M | 4.489M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 9130 | $7.27 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.30 | 7340 | 3 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| PDN (ASX) Chart |