Making Money Minute with Ron Hiebert - Uranium

The uranium sector looks like it is finally waking up from decades of slumber. The world has come to grips with the fact that nuclear is the only untapped technology capable of generating abundant energy 24/7, without producing Co2. The streamlining of the nuclear approval process, the development of small modular reactors and an increase in electricity demand point to a uranium supply deficit. We need to produce about 20% more to meet demand. It will take at least a decade to bring on enough mine capacity to satisfy the deficit. How far prices can rise in the meantime - is anyone’s guess.

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