From Sean Brodrick: Gosh, not very long ago, it sure seemed like the uranium market was dead. 2016 saw uranium prices crumble to 12-year lows. Today, prices are off that bottom, but only a little.
It’s so danged bad that Kazakhstan, source of 30% of the world’s uranium supply, is cutting its own production by 10%.
Nobody undercuts the Kazakhs on price, so that’s the equivalent of a B-movie atomic-powered monster doing a face-plant. Game over, man!