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Page added on July 19, 2005

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Uranium Price Triples to Record Peak, Seen Higher

Prices of uranium, the fuel used in most of the world’s nuclear power plants, have tripled in the last five years to record levels due to years of under-investment in the supply chain, traders and analysts said.

Soaring oil prices and international attempts to reduce greenhouse gas emissions have thrown the spotlight back onto nuclear energy after many years of disfavour.
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