Uranium spot price advances

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Wed, Apr 22, 2009

Natural Resource Market News
Post by Melissa Pistilli, Resource Reporter

Uranium Investing News & U308.biz report for the first time the price of uranium advances to 2.5% according to TradeTech.

While events such as demand out of Asia or supply problems like those announced by Energy Resources of Australia [ASX: ERA], whose output dropped 9 per cent in the first-quarter, may be helping to advance the spot price, it may be low prices themselves that are interesting buyers.

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