There are not many options when it comes to investing in uranium stocks even though the future of uranium is looking very bright with 66 reactors under construction globally, particularly in China, India and the U.A.E. Saudi Arabia has signed agreements to build 16 reactors by 2032. So the demand for uranium will keep rising.
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Comments
david comport
What proponents of rising demand for uranium due to expanding nos of nuclear plants don’t tell you (and no-one seems to mention it or calculate it) is that many of the ‘new’ reactors they base their forecasts upon are, in fact, replacements for the large number coming to the ends of their lives. Once you deduct those, I suspect net new uranium demand will be a lot less than counted on.