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New French firm Orano, formerly called Areva, says uranium price too low to invest in mines

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URANIUM
Philippe Knoche, chief executive officer of French uranium and nuclear fuel group Orano - formerly called Areva - said current market prices for uranium are too low to invest in new uranium mines. He added that long-term contract prices for uranium are about $10/lb higher than spot prices.
 
 
 
 
 

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