A uranium mining stock

A uranium mining stock

Few sectors are trendier these days than uranium mining. The world is in the midst of an energy crisis, and nuclear energy seems like the perfect solution. On Tuesday, Germany reported a 46% increase in Producer Price Index inflation (inflation to businesses rather than consumers), and a lot of it was due to energy prices. In response to this crisis, the European Union has been loosening regulations. For example, last month, it passed a law that allowed energy companies to label nuclear plants as “green.”

All of this appears bullish for uranium miners. Uranium prices have been steadily climbing this year, driven by tight energy supplies and the renewed popularity of nuclear energy. If this continues, then investors could get wealthy. The question is, will it continue? And if so, what reasons do we have for thinking that it will? Why uranium is becoming more and more important

Uranium is […]

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