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Uranium makes modest advance

TradeTech reported a US$0.75 rise in the spot uranium price, closing at US$52.50/lb of uranium oxide on 9 December. Seven transactions were concluded with buyers prepared to pay higher prices early in the week, particular for Europe delivery. On 12 December, Ux Consulting Co reported a WoW US$0.25 price rise to US$52.50/lb, echoeing the TradeTech index of three days before.

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