Uranium Week: Doldrums Again

Weekly Reports | Sep 03 2019

The uranium market went quiet again last week as participants prepared for the World Nuclear Association’s 2019 Symposium in London this week.

-Brief burst in activity in uranium market proved short-lived
-Industry consultant TradeTech has lowered its term price indicators
-Nuclear generation continues to grow around the globe, most rapidly in Asia

By Greg Peel

The brief burst of activity seen in the uranium spot market the week before, after swing producer Kazakhstan announced intentions to extend its -20% production reduction through 2021, gave way to another quiet week as participants prepared for the World Nuclear Association’s 2019 Symposium in London this week.


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