Market as of 31 October 2016
News: French Areva is struggling to find a buyer for its new nuclear fuel unit, a key condition for the European Union to clear a state rescue package for the group, hit by years of losses.
Uranium Price: $20.00 (-2.75) lb | €18.39 (-2.04) lb
"There's a window of nine to 24 months" before signs of a turnaround can emerge...any attempts to introduce new supplies or dig new mines were not sympathetic to reality" -- John Borshoff, Managing Director, Deep Yellow
Figure 2: 12-month price of uranium
Market as of: 31 October 2016. Courtesy of Ux Consulting Company