Uranium giant in talks to supply Sprott as investor demand soars mining.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mining.com Daily Mail and Mail on Sunday newspapers.
На Reddit разогнали котировки урановых компаний: некоторые бумаги взлетели на 25-35% novostey.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from novostey.com Daily Mail and Mail on Sunday newspapers.
by Tyler Durden
Tuesday, Mar 16, 2021 - 06:45 PM
Uranium stocks soared on Tuesday following a burst of reports from top producers who are in the market for uranium in the spot market.
It started with Kazatomprom, the world’s largest uranium producer, which Bloomberg reported may buy the nuclear fuel in the spot market after a London-based investment company exercised an option to purchase the metal. Yellow Cake Plc, which bets on uranium prices, said on Monday that
it had exercised a $100 million purchase option with Kazatomprom. Yellow Cake also said it plans to make additional purchases if it sees value opportunities.