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The uncertainty of supply and the push for AI-led electrical utilities are driving uranium contract prices to a new high of over 16 years.
Due to the uncertainty of supply and the increasing demand for uranium, a radioactive fuel, from utility companies competing to meet the power needs of ai datacenters, long-term uranium contract prices have reached a 16-year high.
Uranium Contract Prices Soaring on Uncertain Supply, Big Power Demand - Reuters
Express News | Shares of US-traded Uranium Companies Are Trading Lower Amid a Drop in the Price of Uranium
Press Release: Uranium Energy Corp Announces Results of Annual General Meeting
The largest producer country imposes taxes, and uranium mining stocks rose sharply overnight!
After Kazakhstan, the world's largest uranium producer, unexpectedly increased mining taxes, uranium mining stock prices soared.
Uranium Stocks Surge on New Kazakhstan Mineral Extraction Tax