The Alchemist, Issue 30: In January 2017 we finally saw a significant pick-up in spot market uranium prices.
This commodity has been on a downward trend since a 2007 peak of US$136.22/lb; the current price sits at US$25.50/lb, a fall of 81%. Increasing supply, the devastating Japanese tsunami of March 2011 and advances in alternative energy supply continue to plague the industry.
This issue of The Alchemist looks at these concerns and whether the recent spike in uranium interest is signalling the bottom of the market by providing an update on the current supply and demand dynamics, counterbalanced by market perceptions and a look into investor activity.
For the full report and further insights from RFC Ambrian please click here.