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$96 Per Pound: A Uranium Price Record Set in 2007 Just Fell The long-term uranium price reached $96 per pound, an all-time record that passes the $95/lb high from mid-2007, according to ZeroHedge’s report on uranium term prices. The term price sets the multiyear contracts utilities sign to fuel their reactors, and it…
Uranium just shattered a price record that stood for nearly two decades, yet every major nuclear stock is bleeding out. Something in the math does not add up, and the reason exposes a fault line running through the entire sector.
The U.S. government’s A$4.2b loan to Vistra to raise nuclear output underlines how governments are turning to atomic power to meet steady electricity demand from AI, electric vehicles and heavy industry. Australian nuclear energy stocks give you a way to play that global build out without guessing short term commodity…