Energy

Uranium prices have risen drastically due to recent events in Kazakhstan.

Monday, January 10, 2022
Uranium prices have risen drastically due to recent events in Kazakhstan.

Uranium rose by at least 9.26% to $ 46 per pound on the COMEX stock exchange on January 6th at noon. The price has been increasing due to recent events in Kazakhstan, which produces more than 40% of the world’s uranium. However, global depository receipts of the state-owned company Kazatomprom, and its mining natural uranium, fell on the London’s Stock Exchange on Thursday. The company’s shares fell by 4.5% to $ 35.83, reported Bloomberg.

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