Nuclear energy credible again - good for uranium companies
Decarbonization and energy independence are two challenges. Uranium could become more expensive. Europe is burdened by the energy crisis and a recession is feared in the USA. The uranium market is expected to remain tight in 2023. Spot uranium prices are therefore expected to rise. Currently, a pound of uranium costs just under US$48. For next year, for example, BafA Securities expects prices to range from $58 to as much as $60 per pound. BafA Securities also increases the expected uranium price
Source: so-co-it.com