Uranium’s 22% Price Plunge Is Bottoming Out on Nuclear Future
- Analysts and buyers optimistic that uranium has set new floor
- Strong demand outlook reinforces case for radioactive metal
Uranium may have lost some sizzle after an electrifying 10-month rally, but analysts and investors aren’t losing faith in the long-term prospects of the nuclear fuel.
After a 22% decline over six weeks, industry experts and analysts say that the uranium market has likely set a new floor thanks to a strong demand outlook.