The price of yellowcake - uranium concentrate used in nuclear generation - has hit the highest level in more than 15 years, driven by soaring demand as a crucial energy source for a "green future." Additionally, global supply disruptions are further pressuring prices higher. Nymex futures tracking physical-market contracts of uranium ore topped $80.
25 per pound on Monday, the highest level since February 2008. Since we first recommended uranium stocks in December 2020, in a note titled "Buy Uranium: Is This The Beginning Of The Next ESG Craze,"…Global Uranium Shortage Spurs Investment Frenzy
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