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World wants uranium as much as potash

Posted on 26 October 2010

From Vancouversun.com: Uranium prices started moving higher in 2004 with the rest of the global commodity surge but its popularity waned when the markets corrected. It’s now regaining traction as governments look for large-scale energy sources to meet huge future power demands. Investors may want to put it on their radar screens too.
Uranium spot prices have quietly crept up and now sit at about US$49.25 per pound, their highest levels in more than 10 months and up from about US$41.50 in mid-July……………………………………….Full Article: Source


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VRS - who has written 36568 posts on Opalesque Commodities Briefing.


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