ARMRreport
Nov 11, 6:12 PM
$CCJ $SRUUF et al
Important...
"The CME Group’s move to launch a physically backed #U3O8 (yellowcake) futures contract represents a major structural shift for the #nuclear fuel market. Historically, #uranium has traded in a notoriously opaque environment dominated by long-term, bilateral agreements between miners and utility companies, with existing futures contracts being purely financially settled and thinly traded...."
https://x.com/ErezShapira/status/2120572338919932205?a=Z5oPqaovKCGKONSlwwA&s=20
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