BlackRock, the world’s largest money manager, remains constructive on bullion as a hedge, while Goldman and UBS see prices climbing to $1,600 an ounce.
Any government intervention could be a windfall for the handful of domestic uranium miners, including Energy Fuels and Ur-Energy, two companies that earlier petitioned the White House to put a 25% domestic market quota on foreign imports .
The world’s biggest iron ore miners are looking for novel ways of satisfying their customers and protecting market share in the $150 billion global industry.
