Commodities 2024: Market participants see geopolitical issues driving uranium spot market
Recent surges in uranium spot prices have market participants looking to new production to help mitigate the growing supply-demand imbalance against the backdrop of heightened geopolitical tension. Supply chain issues, growing international political risks and a sense that demand will continue to outpace supply are just a few of the drivers that Paul Goranson, CEO of US-based uranium producer enCore…Recent surges in uranium spot prices have market participants looking to new production to help mitigate the growing supply-demand imbalance against the backdrop of heightened geopolitical tension. Supply chain issues, growing international political risks and a sense that demand will continue to outpace supply are just a few of the drivers that Paul Goranson, CEO of US-based uranium producer enCore… Read More
