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World's worst commodity is radioactive for investor portfolios

Uranium, the element used to make nuclear fuel, has had a bad 2016 to top off a rather dismal decade.

CRUNCH TIME: Losses are forcing uranium mines to cut production or close, which may eventually create a supply crunch.

NO major commodity had a worse 2016 than uranium. In fact, the element used to make nuclear fuel has had a pretty dismal decade. Prices tumbled 41 per cent last year, touching a 12-year low below US$18 a pound in November, according to Ux Consulting Co, which compiles market data. The slump was...

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