ADELAIDE, Australia—Miners are struggling to get sufficient uranium out of the bottom. That’s serving to to push costs of the nuclear gas to just about 16-year highs.
Cameco, one of many world’s greatest producers, not too long ago mentioned it could want to purchase extra uranium earlier than the top of this 12 months to satisfy obligations to prospects after struggling setbacks at key mines. Manufacturing from Niger, following a navy coup in July, and Kazakhstan have additionally fallen.
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