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Scott Melbye: Uranium Market Fundamentals are Very Bullish

17:52 MIN 5.424

Interview with Executive Vice President of Uranium Energy. Scott Melbye is considered an insider in the uranium market and provides an updated analysis. Covid-19 has caused some mines to close temporarily while the expansion of nuclear power continues worldwide. The deficit will be approximately 60 million pounds of uranium this year and will grow in the coming years. Pressure on the uranium price is increasing and there is already strong demand for mining shares. The fundamentals are excellent for the coming years.



Frankfurt: U6Z