11.03.2016 - Uranium Market Poised to Take-Off?
The uranium market has been in a five-year bear market that shows no signs of bouncing back. But, one junior uranium player says the commodity is set for a strong move up. Kitco News caught up with Amir Adnani, CEO and president of Corpus Christi, Texas-based Uranium Energy. Spot prices of uranium, used to make fuel for nuclear power production, have been depressed since the 2011 Fukushima disaster in Japan, which led to the shutdown of the country’s reactors and generated stockpiles globally. Uranium currently trades around $32.15 a pound...............................................Full Article: Source
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