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2020 was an eventful year for uranium, but what’s the uranium outlook for 2021? Experts weigh in on supply cuts, rising demand and more.
Click here to read the previous uranium outlook.
The uranium spot price has held firmly in the US$29 per pound range since September, solidifying its stellar performance in a year with rampant global disruptions and production issues.
Despite being US$21 short of the US$50 threshold often cited as the level that will incentivize projects, the U3O8 spot price has added 21 percent to its value year-to-date, and 37 percent from its January low to its May high.
The start of the year saw depressed prices sitting at the US$24 mark. But supply constraints related to transportation began to emerge in March, pushing prices to US$27. ....

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