Spot Uranium At US$93/lb – It’s Unanimous

By Rudi Filapek-Vandyck

Industry consultant Ux Consulting raised its weekly spot price indicator for uranium oxide (U3O8) by US$1 to US$93 per pound this week. TradeTech, who also sets a weekly price benchmark for the industry, already raised its price indicator to US$93/lb three weeks ago.

TradeTech has now left its own weekly price indicator unchanged for two weeks in a row.

This means that for the first time since spot uranium bottomed at US$75/lb in October both industry consultants are again singing from the same hymn sheet.

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