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Uranium Stocks Surge On Flurry Of Producer Purchases In The Spot Market

by Tyler Durden Tuesday, Mar 16, 2021 - 06:45 PM Uranium stocks soared on Tuesday following a burst of reports from top producers who are in the market for uranium in the spot market. It started with Kazatomprom, the worldโ€™s largest uranium producer, which Bloomberg reported may buy the nuclear fuel in the spot market after a London-based investment company exercised an option to purchase the metal. Yellow Cake Plc, which bets on uranium prices, said on Monday that it had exercised a $100 mi...
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