CAPITAL MARKETS

Uranium reaches 11-year high

THE spot uranium price continued to rise overnight, reaching levels not seen since 2011.

 Image: iStock/PashaIgnatov

Image: iStock/PashaIgnatov

The spot price gained another US$2.50 to $63.50 per pound after the UK announced plans to triple nuclear capacity by 2050. Modular reactors were also mentioned in the Canadian budget, released several...

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