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Ux Consulting Drops A Bomb: Spot Uranium At US$90/lb

Commodities | Aug 21 2007

By Rudi Filapek-Vandyck

Industry consultant TradeTech has kept its weekly spot price indicator unchanged at US$125/lb, but UX Consulting proved not so friendly with another US$15 price drop to US$90/lb this week.

It was only weeks ago that spot prices for both consultancies peaked at US$138/lb (TradeTech) and US$136/lb (UxC) respectively.

Spot uranium entered 2007 priced at US$75/lb by both industry consultancies.

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