Uranium prices have increased by more than $80 per pound for the first time in more than 15 years due to a nuclear power renaissance and supply disruptions. The uranium futures tracking the form known as yellowcake hit $80.25 on Monday, according to Bloomberg. “Demand (for uranium) has increased as nuclear energy becomes a more popular option in the context of ‘net zero’ – especially in China and other emerging markets. At the same time a decent share of supply sits in geopolitically sensitive areas. With speculative players jumping on this theme, prices have received an additional boost,” said Konstantinos Venetis, ... (full story)