Uranium’s price is 'too low' at $75 here’s where the price needs to go to incentivize mining – Amir Adnani..
According to Amir Adnani, $75 per pound of uranium is too low to encourage the production of the metal.
Adnani is CEO of Uranium Energy Corp and Chairman of GoldMining Inc. He spoke with David Lin, anchor and producer at Kitco News, at the Vancouver Resource Investment Conference.
Adnani remarked that the Russia-Ukraine conflict would impact uranium markets. Russia is one of the world’s top uranium producers.
Uranium’s price is 'too low' at $75; here’s where the price needs to go to incentivize mining – Amir Adnani | Kitco News