Uranium Marching Towards $100/lb As Supply Squeezed

Strong demand and disruptions to supply have restored investor interest in uranium, which has outperformed most other commodities over the past month, and could keep rising.Revived interest in nuclear power as a source of clean energy is providing the demand while operational problems at two of the world’s biggest uranium mines is crimping supply.uranium nitrate, or uranyl, with uranium ore.gettyCanada’s Cameco said it was expecting a shortfall in production at its McArthur River mine while Kazatomprom, the ...