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Nuclear energy players need to take 90% uranium price spike bill or shut plants

The price of uranium has increased by 90% in 12 months, surpassing its cost in 16 years. Shutting down a nuclear power plant is costly and time-consuming, with daily costs reaching $1 million. However, the demand for uranium is rising due to the need for low-carbon power sources. Countries like France and the UK are reconsidering nuclear energy and expanding capacity. The global uranium supply is facing a deficit, with a shortage of enriched uranium as well. Hedge funds, ETFs, governments, and utilities are all vying for uranium, leading to price increases in the market. ....

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Uranium Miners Surge on $500 Million US Enrichment Push

Uranium Miners Surge on $500 Million US Enrichment Push
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