Supply risks fuel uranium's flight to more than 16-year peak
Uranium prices have hit their highest in more than 16 years on a buying frenzy triggered after the world's largest miner of the nuclear fuel highlighted production risks, but the price surge is likely to mean the restart of mothballed capacity.
Kazakhstan's Kazatomprom earlier this month said it may cut its 2024 production plan due to difficulties with the availability of sulphuric acid needed to produce uranium.