BUZZ-Uranium expected to average $120 per pound in 2025, BofA says
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Bank of America Global Research is optimistic about uranium prices, predicting an average of /lb in 2025 and /lb by 2026. They attribute this to China's plans for significant increases in generating capacity as part of its decarbonization efforts. Curzon Resources highlighted a seasonal uptick in uranium demand expected in September, with increased U.S. utility purchases. Currently, 60 reactors are under construction globally, with another 110 planned over the next ten years.
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