The nickel price on the London Metal Exchange (LME) exceeded $18,000 per ton for the first time since November 9, 2023. This is evidenced by currency trading data.
According to the trading platform, during trading on March 8, the price of the metal increased by 0.72%, reaching 18.02 thousand dollars per ton as of 9:51 Moscow time. Then growth slowed down – at 10:23 Moscow time the price of nickel was 17.98 thousand dollars (+0.5%).
In January, the price of uranium on the spot market reached $94.4 per pound; it was the highest level since November 2007 during this so-called period. “nuclear renaissance” Uranium active price increased Amid fears of sanctions and logistics problems for Russian supplies from March 2023. The rise accelerated after the September coup in Niger, where France’s Orano operates.
A number of analysts predict that the price of uranium will rise further to $300 per pound. The average spot price of uranium in December 2023 was $91 per pound, an increase of approximately 1.8 times compared to January.
Russia again before happened The main supplier of uranium to the United States.