Copper lures buyers as New York futures hover above $4/lb
Copper futures edged higher in London and New York as tentative signs of buying interest emerged following a string of losses.
Despite reactor closures in Europe and the U.S., the global outlook for uranium looks bright, with Asia’s burgeoning nuclear energy industry fuelling demand for the radioactive metal.
Australia’s uranium market is also set for a bright future, with a strong possibility of new mines opening in Western Australia provided global demand strengthens as forecast.
