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In this episode, we explore the current state and future outlook of the U.S. uranium market. Despite using 50 million pounds of uranium annually, the U.S. produces very little, especially in light of import bans on Russian uranium. The discussion highlights the volatile nature of uranium prices and stocks, noting how recent high spot prices have not been sustained. The complexities of the uranium market, including the opaque nature of long-term contract prices, are examined. The speaker expresses bullish sentiments on uranium for the long term and predicts increased transparency and price growth in the coming quarters.
For more information on GTI Energy: https://www.gtienergy.au/ ASX: GTR OTC: GTRIF