Spot Uranium Down to $75/lb. As More Metal Available

Source:

he price hit a record high of US$136 at the end of June but has since eased to trade at levels last seen in January 2007.

Spot uranium prices fell by US$10 to US$75/lb this week, according to the Ux Consulting (UxC) website, a leading publisher of uranium prices and forecasts.

The price hit a record high of US$136 at the end of June but has since eased to trade at levels last seen in January 2007.

"There was a trading company, Nukem, that had to sell some pounds to raise cash," a US-based trading source said.

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