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Citi sees 'upside momentum' for uranium

Firm expecting the ‘century’ mark to be reached next year

Michael Quinn
Mining will be much more profitable at a uranium price of US$100/lb

Mining will be much more profitable at a uranium price of US$100/lb | Credits: Lotus Resources

Analysts at capital markets firm Citi expects the uranium price to reach US$100 per pound next year as lack of meaningful new mine developments over the next five years start to ‘bite' and concentrate...

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