(Bloomberg) -- Uranium prices may rise to $200 a
pound within the next year because of a shortage of the nuclear
material, Investec Securities said.
The metal, currently trading at $138 a pound, may average
$160 a pound in 2009 before declining to an average of $50 a
pound from 2013, Leon Esterhuizen, a Johannesburg-based analyst
at Investec, wrote in the report yesterday that was obtained by
Bloomberg. Esterhuizen declined to comment on the report when
called on his mobile phone.
Read more at Bloomberg Energy News
pound within the next year because of a shortage of the nuclear
material, Investec Securities said.
The metal, currently trading at $138 a pound, may average
$160 a pound in 2009 before declining to an average of $50 a
pound from 2013, Leon Esterhuizen, a Johannesburg-based analyst
at Investec, wrote in the report yesterday that was obtained by
Bloomberg. Esterhuizen declined to comment on the report when
called on his mobile phone.
Read more at Bloomberg Energy News
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