The uranium price knows no stopping

Decarbonization and energy security are the buzzwords driving the price of uranium. At the climate conference in Dubai, 22 countries committed to tripling their nuclear power capacities. So, there has been a change of heart in recent years. Japan’s Nuclear Regulation Authority also recently lifted the operating ban on the Kashiwazaki-Kariwa nuclear power plant. This is the largest power plant in the world. Now only the local governments have to give their approval. This nuclear power plant has been out of operation since 2012 following the Fukushima disaster. Various uranium producers are currently struggling with production problems. And China is buying more and more uranium from Kazakhstan, as everyone wants to stock up on the raw material. With the rise in the price of uranium, many uranium companies have also increased significantly in value. This also increases the chance that producers will decide to expand their projects or revive […]

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