Uranium price hits new post-Fukushima high

By Colin McClelland – mining.com

The spot price of uranium continues to rise, boosted by pledges to triple nuclear power by mid-century, supply hiccups from producers such as Cameco (TSX: CCO; NYSE: CCJ) and the looming threat of a ban on Russian exports to the West.

Uranium hit $91 per lb. this week, another record since triple-digit prices in 2007