Uranium Marching Towards $100/lb As Supply Squeezed
1. Demand for uranium is rising due to clean energy interest. 2. Cameco expects a production shortfall at McArthur River mine. 3. Uranium prices may reach $100/lb by next year, with a peak at $125/lb. 4. Heavy speculative buying is tightening the uranium market. 5. Small miners may struggle to fulfill long-term contracts.