Global

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  • Industry: Energy & Natural Resources
  • Type: Business and industry issue
  • Date: 8/1/2012

Uranium Q1-2012 – June 2012 

After the Fukushima Daiichi nuclear disaster, the uranium market has finally stabilized, with uranium spot prices trading in the range of US$51–53/lb during the last two quarters of 2011 and the first quarter of 2012. It seems that they have found a floor at US$50/lb. According to Deutsche bank spot prices for uranium averaged US$51.98/lb in the first quarter of 2012, compared to US$53.00/lb in the fourth quarter of 2011; the average price was significantly down from the US$68.42/lb witnessed in the first quarter of last year.

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