Uranium Price OutlookThe rally in uranium prices, which began early last year amid production cutbacks, appeared to fade in recent weeks. Prices on 11 January were at USD 28.6 per pound, which was 1.2% lower than on the same day last month. However, the price was up 0.5% on a year-to-date basis and was 20.6% higher than on the same day a year earlier. The U.S. Department of Energy is currently considering investing USD 115 million in a uranium enrichment plant in Ohio, which has received support from the state’s senator, who argued on 7 January that it would provide greater energy security to the country, given the U.S. imports most of its uranium needs. The prospect of additional support for uranium production from the Trump administration has likely weighed on prices.
Uranium Price History Data (USD per pound, aop)
Price forecasts and historical data for Energy, Metals and Agricultural Commodities.
Uranium Historical Price Chart
Price forecasts and historical data for Energy, Metals and Agricultural Commodities
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