The uranium industry continues to suffer a volatile performance after the U.S. paused its section 232 review of the sector in favor of setting up a working group to consider future business practices. The global uranium price has fallen by 8.0% year over year in the three months to Jul. 31, leading Canada’s Cameco to reduce its sales. The reduction can be seen in a 14.3% year over year decline in Canadian exports to the U.S. in the three months to Jul. 31. Kazakhstan’s state-owned miner, Kazatomprom, has stated that “the industry has been too slow to respond to falling demand” yet, ironi...
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