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Uranium blasts through $100/lb. Kazatomprom confirms supply issues for 2024 and 2025 deliveries.

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First published at 04:58 UTC on January 14th, 2024.

John Polomny

Johnchik67

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#uranium #uraniumstocks #kazatomprom

Uranium jumped above $104/lb.

Uranium stocks were up nicely on Friday as the ETF's gapped up 8-9%.

Kazatomprom told the market that they will likely miss 2024 and 2025 production targets.

My view is we …

#uranium #uraniumstocks #kazatomprom

Uranium jumped above $104/lb.

Uranium stocks were up nicely on Friday as the ETF's gapped up 8-9%.

Kazatomprom told the market that they will likely miss 2024 and 2025 production targets.

My view is we are going to see much higher uranium prices.

Follow me on Twitter: @JohnPolomny

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France drops renewables targets, prioritises nuclear in new energy bill
https://www.france24.com/en/france/20240109-france-drops-renewables-targets-prioritises-nuclear-in-new-energy-bill?mc_cid=a34b57a092&mc_eid=78325ff825

Beginning of the End for the Permian
https://www.artberman.com/blog/beginning-of-the-end-for-the-permian/

Uranium: New Market Star
https://blog.gorozen.com/blog/uranium-market-star?_hsmi=289773159&_hsenc=p2ANqtz-9PtipmbK_2XIi9Z7p14GJHYVlhK4efNKmLr7iZUtzuo67TvfKl_JEE-auSUhYY_S7NwKZgHZQlwrTtRMVnhWtKb0cPlw

World’s two largest coal consumers won’t be weaning off the fossil fuel anytime soon
https://www.cnbc.com/2024/01/11/china-and-india-cant-wean-themselves-off-coal..

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