© Reuters. Is Uranium finally back? Analysts at Alpine Macro and BCA Research are bullish on uranium, with Alpine calling a "super-cycle bull market" for uranium.
The firm cited a global shift back towards nuclear energy. Their note highlights the challenges the industry faced after Fukushima, with widespread reactor closures and depressed prices. However, they argue that a perfect storm of factors is now propelling uranium into a new era.
Firstly, they highlight the need for clean energy with reliable baseload generation has become paramount. Nuclear’s ability to deliver on both fronts, along with its minimal land footprint and safety record compared to fossil fuels, positions it as a critical tool in the fight against climate change.
Secondly, Alpine says uranium supply is struggling to keep pace with resurgent demand. Following years of underinvestment and mine closures, the industry is facing a structural supply deficit.The firm explains that this is further exacerbated […]
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