Uranium Deals Prove Most Lucrative on Nuclear Demand

Uranium Deals Prove Most Lucrative on Nuclear Demand

Vladimir Weiss/Bloomberg

Japan’s nuclear crisis caused uranium to plunge 27 percent in three days to $49.99 per pound of U3O8, its tradable form. While prices extended their decline to as low as $48.75 on Aug. 30, they have since recovered 6.2 percent to $51.76, according to data compiled by Bloomberg.