UBS Warns of Structural Tightening in Global Uranium Market

Uranium futures briefly surged past $100 per pound as UBS analysts warn that the market is experiencing a structural tightening after a five-month slump.

25 Aug, 09:45 — 25 Aug, 09:45

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zerohedgeLow7d ago

Uranium Awakens From Five-Month Slumber As UBS Warns Market Is "Tightening Structurally"

Uranium Awakens From Five-Month Slumber As UBS Warns Market Is "Tightening Structurally" Bloomberg's continuous front-month uranium futures contract (UXA1 Comdty) briefly surged above $100 a pound in late January, driven by tightening supplies, renewed government support for nuclear power, and rising electricity demand from the AI infrastructure boom. Uranium futures then retreated and remained range-bound between $84 and $87 for five months. But momentum has returned in August...

By Tyler Durden

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UBS Warns of Structural Tightening in Global Uranium Market

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Uranium Awakens From Five-Month Slumber As UBS Warns Market Is "Tightening Structurally"

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