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Awaiting a uranium U-turn

Ayesha de Kretser

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Uranium stocks have suffered since the bursting of the uranium bubble last year, with a halving in the price of the nuclear fuel since its peak 12 months ago dulling investor interest in the once red-hot hopes for a nuclear power renaissance.

It was a year ago when the uranium price hit a record high of $US138 a pound, capping a supercharged rally from a low of $US6.75 a pound in March 2001.

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    Original URL: https://www.afr.com/markets/awaiting-a-uranium-u-turn-20080624-jko1t