The Oregon Group Report Forecasts 10-year Bull Market for Uranium

TORONTO, Nov. 10, 2022 /PRNewswire/ – Uranium is at the start of a 10-year bull market, according to a new report. The Oregon Group forecasts the uranium market will be positively impacted by a large net increase in global nuclear reactors, which require uranium as fuel. The report examines key drivers behind this growth, including decarbonization, commercialization of small modular reactor technology, and energy security. Additionally, analysis of the uranium market points to a major reduction in current global stockpiles, a lack of near-term uranium production, and the potential for a supply crunch.

Continue Reading

The uranium market has recently exited a 10-year downturn, during which mines were shut down, development projects stalled, and numerous exploration companies ran out of money. As uranium prices have risen, mine restarts have been announced. However, dwindling reserves and grades at existing producers, and the lack of advanced development projects, means that […]

Click here to view original web page at www.prnewswire.com

About the author: StockMan

Please remember:

The information provided here is for general knowledge and educational purposes only.
It is not intended to be a substitute for professional financial advice.
Every individual's financial situation is unique, and what works for one person may not work for another.
Before making any investment or financial decisions, you should always consult with a qualified financial advisor who understands your specific circumstances and goals.

Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, should never be acted upon. Please be aware that any information posted on this site should not be considered to be financial advice and i am not a financial advisor.