Nuclear materials

Uranium prices rise as interest in nuclear power grows

The price of uranium has been on the rise, driven by constrained supply and accelerating demand, against a backdrop of renewed interest in nuclear power.

The benchmark contract for uranium oxide which, once enriched, is used as nuclear fuel, rose to $85.75 a pound (around 450 grams) on Dec. 15 for the first time since January 2007.

Putin slams US: We gave you uranium, you repaid us by bombing Belgrade

Vladimir Putin has criticized the US for failing to keep their end of the bargain in a host of international disarmament agreements. He says Moscow will not exit any existing treaties, but promised an "instant, symmetrical response" if Washington decides to quit first.

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