Uranium & Fuel

Uranium / Further Gains Likely As Risk Of Russia Ban Overshadows Market, Says Bank Of America

By David Dalton
25 April 2022

Spot prices have climbed 50% in the year-to-date
Further Gains Likely As Risk Of Russia Ban Overshadows Market, Says Bank Of America
In early March, uranium prices hit their highest since Japan’s Fukushima disaster in 2011. Courtesy Rio Tinto.
The risk of Western import bans on Russian uranium supply has contributed to this year’s surge in prices for the nuclear-energy element with further gains likely, Bank of America said.

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