UPP Price Sinks Despite Extension of Ranger Shutdown

摘要

The Uranium Price Panel reported a spot price of $57.50/lb U3O8 for Friday, down $0.83/lb from the previous week. Since the Fukushima price drop and subsequent bounce, the spot price has been drifting downward, and even last week’s news from Energy Resources of Australia (ERA) of a larger-than-expected production shortfall this year wasn’t enough to push it back up.