Uranium Climbs to Highest Since January 2013 Amid Utility Demand
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Uranium advanced to the highest weekly price in almost 22 months amid an increase in demand from power producers, according to Ux Consulting Co., a provider of research on the nuclear industry.
Spot uranium climbed $2.25 to $44 a pound in the week ended Nov. 17, the Roswell, Georgia-based company said in an e-mailed note today. That’s the highest level since Jan. 28, 2013. The atomic fuel has increased 28 percent this year.