Extending Global Laser's Limbo

Did dropping uranium output, soft prices spook investors?U.S. production of uranium concentrate could fall to its lowest level in 65 years in 2017 although prices have stabilized since reaching a 12 year low in November, the Energy Information Administration said last week. Production has been affected by uranium priceswhich have generally trended downward since their peak of $135/lb in June 2007, the EIA said releasing the Uranium Marketing Annual Report.