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"Clear shift" in uranium sentiment: Yellow Cake CEO

Mounting supply concerns coupled with rising demand for nuclear power are fuelling a step change in the uranium market, the CEO of uranium holder Yellow Cake has said.

"Clear shift" in uranium sentiment: Yellow Cake CEO "Clear shift" in uranium sentiment: Yellow Cake CEO "Clear shift" in uranium sentiment: Yellow Cake CEO "Clear shift" in uranium sentiment: Yellow Cake CEO "Clear shift" in uranium sentiment: Yellow Cake CEO

Supply concerns and rising demand for nuclear power has shifted sentiment around the uranium market

Uranium prices rose almost 9% in March after financial players such as Yellow Cake, together with junior uranium developers, bought physical uranium on the spot market.

Yellow Cake said it