The uranium spot price could be in for some big moves, according to Uranium Investing News, following major accidents at Rio Tinto's Rossing mine in Namibia and BHP Billiton's Olympic Dam in Australia. Rossing and Olympic Dam are two of the largest uranium mines, accounting for 8% of the global uranium supply in 2014. Production stoppages could impact supply. The uranium spot price is currently $38.25/lb of U3O_8.
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