Uranium Spot Prices Decline in Wake of Japan Crisis, Ux Says

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Uranium spot prices fell 0.5 percent as demand remained weak amid Japan’s nuclear crisis, Ux Consulting Co. said.

Uranium-oxide concentrate for immediate delivery was at $54.25 a pound in the seven days through June 27, Ux said in an e-mailed report today. That’s based on the most competitive offer tracked by the Roswell, Georgia-based company.