The ugly-stepsister years for uranium could be coming to a close. "We’re sort of in kind of what feels like the early stages of a nuclear renaissance," said Justin Huhn, publisher and founder of Uranium Insider. "The sector is set to grow immensely. There’s huge upside for the commodity itself. The equities are massively discounted." The average price of uranium — which doesn’t trade on a public market like other commodities — gained 5.9% from the end of 2022 to the end of March, according to Cameco , a publicly traded producer that tracks average prices. Compared with May 2014, its lowest point in the last four years, the price has more than doubled. Uranium’s 2023 advance could be the start of a bigger positive trend for the once-disliked form of nuclear energy, experts said. And they’re optimistic about both the price of the commodity and the ways to […]
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