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3 US-focused Uranium Companies Waiting for Better Prices

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The uranium price has come a long way from the lows experienced post-Fukushima, yet is still not at the level analysts have been touting. Indeed, it continues to dilly-dally around the $40-per-pound mark.

Given that atmosphere, many companies are finding it difficult to remain in production, though those with uranium contracts have the incentive to keep on producing, and lower-cost producers also continue to churn out yellowcake. Generally, in-situ recovery (ISR) leads to lower costs for producers, but lower-cost conventional mines also exist.

That said, the fact that such companies are able to produce in today’s price environment doesn’t mean they’re producing at capacity. Indeed, many are putting out lower amounts of the metal to avoid flooding an already saturated market. Here’s a look at three US-focused uranium companies that are waiting for the price to improve before cranking up output.

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