
Uranium prices have been soaring in recent weeks, re-energising Australian producers and developers in an industry that's been on life support since the 2011 Fukushima disaster.
The naturally occurring radioactive element traded at a 12-year high of $US73 a pound in early October, and while prices had eased slightly below $US70 by week's end, that's still a more than 40 per cent jump year-to-date.