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Morgan Stanley: It is time to be bullish on uranium prices.
Morgan Stanley stated that the decline in mining output has reduced global uranium supply. Additionally, Russia has issued a ban on the export of enriched uranium to the usa, and if the eu is also included in the ban, it may exacerbate the tightness of global uranium supply.
Russia Restricts Uranium Exports to US Amid Escalating Trade Tensions
U.S. stocks related to uranium rose collectively.
Gelonghui, November 15 | Uranium energy (UEC.US) rises over 10%, Ur-energy (URG.US) rises over 8%. On the news front, Russia has imposed a retaliatory uranium ban on the usa.
Express News | Uranium Energy up 10.6%, Ur-Energy up 6.4%
Express News | Uranium Stocks Rise After Russia Imposes Retaliatory Uranium Ban on US
Uranium American Gets Set With Promising Uranium Plays in US
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