Uranium Stocks Remain Red Hot After Fundamentals Kick In ...Middle East

Over the past couple of years, uranium and nuclear energy markets have enjoyed a renaissance thanks to surging global power demand and the global energy crisis triggered by Russia’s war in Ukraine. Last year, uranium prices hit an all-time high, with U.S. production of yellowcake growing more than a dozen-fold to 700,000 pounds as producers looked to leverage high prices. However, uranium is no longer trading on legacy sentiment, with prices moving more on fundamentals characterized by tight physical supply, underbuilt production pipelines,…

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