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Benjamin · 14-11-2005, 16:55

UBS raises uranium price estimates
Nov 11 2005

Uranium prices during the next three years may be higher than forecast as the rising cost of crude oil and natural gas and increased environmental concern prompt countries to switch to nuclear power generation, UBS AG said.

Uranium prices may average $38 a pound in 2006, 41% higher than earlier estimated , UBS analysts Peter Hickson and Daniel Brebner said in a Nov 9 note. The price of uranium ore, used to fuel nuclear plants, has surged 62% this year to $33.25 a pound on Nov 9, according to Metal Bulletin.

—Bloomberg
URL: http://www.financialexpress.com/fe_f...tent_id=108401

14-11-2005, 16:55	#123
Benjamin TBB Family Registriert seit: Mar 2004 Beiträge: 10.373	UBS raises uranium price estimates Nov 11 2005 Uranium prices during the next three years may be higher than forecast as the rising cost of crude oil and natural gas and increased environmental concern prompt countries to switch to nuclear power generation, UBS AG said. Uranium prices may average $38 a pound in 2006, 41% higher than earlier estimated , UBS analysts Peter Hickson and Daniel Brebner said in a Nov 9 note. The price of uranium ore, used to fuel nuclear plants, has surged 62% this year to $33.25 a pound on Nov 9, according to Metal Bulletin. —Bloomberg URL: http://www.financialexpress.com/fe_f...tent_id=108401