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Uranium Prices Just Broke a 19-Year Record, but Nuclear Stocks Are Collapsing Anyway

Source: 247wallst.com

Commodities & Raw MaterialsEnergy Markets & Prices
Uranium Prices Just Broke a 19-Year Record, but Nuclear Stocks Are Collapsing Anyway

Long-term uranium prices reached a record $96 per pound, surpassing the prior $95/lb peak set in mid-2007. The new high signals continued strength in the uranium market and is supportive of uranium producers and the nuclear-fuel supply chain.

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