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Sprott adds again to physical uranium trust holdings
['Northern Miner Staff']
MINING.COM
The world’s largest holder of physical uranium keeps expanding its war chest.
The Sprott Physical Uranium Trust (TSX: U.U for USD; U.UN for CAD) now holds about 72.4 million lb.
of U 3 O 8 in the third quarter, BMO reported late last month.
US dollar-denominated units of the Sprott Physical Uranium Trust fell 1.4% to $19.82 in Toronto Stock Exchange trading Thursday morning.
Another EIA report shows maximum uranium deliveries between 2025 and 2034 under existing contracts would total 234 million lb.