Price of Uranium Expected to Rally In Next 5 Years as a Shift to Nuclear Energy is Inevitable

– News Commentary –

PALM BEACH, Fla., Jan. 11, 2022 /PRNewswire/ — Uranium mining and the price of the metal are both poised to grow in 2022. An article from industry insider KITCO recently discussed the near and longer term outlook for the industry. It said that: "Uranium surged this year making it one of the hottest commodities in 2021. Uranium spot prices hit a nine year high in September and are up about 50 percent (at year’s end). "We are starting to see countries around the world accepting nuclear energy. Those countries realize if they want to reach a carbon neutral future, nuclear energy has to be part of the equation," emphasized an executive of an industry company who spoke to Michelle Makori, Lead Anchor and Editor-in-Chief of Kitco News at the Mines and Money London conference. Standard Uranium is a Canadian uranium exploration company. Also, uranium prices […]

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