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Uranium’s bull market reawakens
Uranium markets roared back to life in May, powered by a decisive acceleration in U.S. nuclear energy policy and renewed confidence in the industry. While year-to-date performance remains muted, the recent rally underscores uranium's potential to reprice when sentiment aligns with the market's persistently strong fundamentals. Spot uranium rose 5.51% in May, its second consecutive month of plus 5% gains. This strong performance reestablished the market's upward momentum after a frustrating start to the year.1 Term prices remained firm at $80/lb, underscoring supply discipline, a prioritization of long-term pricing ... (full story)