The break-even cost of uranium extraction is approximately $90 per pound; uranium currently trades at $70, so producers require visibility to long-term prices of $110-$120 before committing to reopen closed mines in Wyoming, Utah, and other US locations.
factualpending
Speaker
Nick LawsonEvidence Quote
“the break even cost of extraction is $90 and we currently trade at 70...producers's got to have line of sight on 110 120 long-term prices before they'll look to commit to reopening a mine.”
Created: 8/11/2026, 6:31:16 AM
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