Uranium’s Perfect Storm Is Brewing

The stars are aligned for uranium prices, said Blake Steele, president and CEO of Azarga Uranium.

“I think you’ve got a bit of a perfect storm brewing here. You’ve got the demand pressures coming out of China. You’ve got Japanese restarts. You’ve got nine reactors restarting in Japan,” Steele told Kitco News on the sidelines of the Swiss Mining Institute Conference in Geneva.