article 3 months old

Uranium Tumbles Below US$50/lb

Commodities | Jan 28 2009

By Rudi Filapek-Vandyck

Industry consultant Ux Consulting has lowered its weekly U3O8 spot price indicator to US$48/lb, slicing off a full US$3 from its market pricing assessment last week.

Earlier, peer TradeTech only lowered its own weekly spot price benchmark for the uranium industry by US$1 to US$50/lb.

Long term price benchmarks currently stand at US$70/lb.

Share on FacebookTweet about this on TwitterShare on LinkedIn

Click to view our Glossary of Financial Terms

Australian investors stay informed with FNArena – your trusted source for Australian financial news. We deliver expert analysis, daily updates on the ASX and commodity markets, and deep insights into companies on the ASX200 and ASX300, and beyond. Whether you're seeking a reliable financial newsletter or comprehensive finance news and detailed insights, FNArena offers unmatched coverage of the stock market news that matters. As a leading financial online newspaper, we help you stay ahead in the fast-moving world of Australian finance news.

Latest News

1
Geopolitical Hedging Drives Investor Confidence in CommBank

Jun 12 2025 - General


2
test

Jun 12 2025 - General


3
ASX Winners And Losers Of Today – 27-06-23

Jun 27 2023 - General


4
Metcash Surprises

Jun 27 2023 - Uncategorized


5
ASX200: Move To Neutral

Jun 27 2023 - Uncategorized