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« Crowds protest nuclear power across the nation | Main | Gold-prices.biz Stock Trader Update 12 March 2015 »
Thursday
Mar122015

Rob Chang on the Uranium Market for 2015

At the 2015 PDAC conference in Toronto, Resource Investing News spoke with Rob Chang, senior analyst and head of metals and mining for Canada at Cantor Fitzgerald, about what’s in store for the uranium market in 2015.

Speaking to why the uranium spot price hasn’t ticked up in response to recent supply disruptions reported by Rio Tinto (ASX:RIO,NYSE:RIO,LSE:RIO) and BHP Billiton (ASX:BHP,NYSE:BHP,LSE:BLT), Chang explained that it isn’t as easy to get into the uranium spot market as one might think. “We’re not talking about thousands, we’re talking about dozens of utilities that could potentially be participating and changing the spot price,” he said.


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