Published on Thursday February 10 2011
It's been a long time coming, but finally we have seen the much anticipated upward movement in the Long Term Uranium Contact Price.
Contracts have moved rapidly from the previous US$65.00 P/Lb to now be trading at US$73.00 P/Lb.85% of all World Uranium supplies has been sold under Long-Term, multi-year contracts with deliveries starting one to three years after the contract is made.
Long-Term Uranium Sales contract terms range from two to 10 years, but typically run three to five years, with the first delivery occurring within 24 months of contract award.Click Image To Access Uranium Stocks Australia
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