Insights

Pro-Nuclear Sentiment Ignites Uranium Opportunities

Pro-Nuclear Sentiment Ignites Uranium Opportunities

The global nuclear power industry is experiencing a revival. Geopolitical events and a surge in energy demand have shifted sentiment positively, with countries investing in new nuclear reactor builds, restarts and extensions. This has created a growth opportunity for uranium miners, especially as the uranium supply is facing challenges in meeting current and future demand.

Insights tagged: Uranium

The Great Power Shift: Uranium, Battery Metals and the Energy Transition

The Great Power Shift: Uranium, Battery Metals and the Energy Transition

The clean energy transition and worldwide energy security goals are fueling a global power shift. This shift has reignited interest in nuclear power, accelerated electric vehicle (EV) adoption and spurred renewable energy deployment. In this environment, uranium, lithium, copper and other high-demand, short-supply critical minerals are vitally crucial — and potentially attractive as investment opportunities.

View Webcast
Strong Fundamentals Anchor Uranium's Rise

Strong Fundamentals Anchor Uranium's Rise

Uranium and uranium mining stocks had a strong month in August. YTD as of 8/31/2023, spot uranium and uranium mining stocks have climbed 25.49% and 21.52%, respectively, outperforming the frothy S&P 500 TR Index's YTD return of 18.73%. We believe the uranium bull market is intact and favorable supply-demand dynamics will likely continue to provide support.

Read More
U.S. Taking Center Stage in Cleantech Investment

U.S. Taking Center Stage in Cleantech Investment

Uranium had a strong month in August, contrasting with the decline of most energy transition metals due to China's economic troubles and shadow banking woes. The investment capital spurred by the U.S. Inflation Reduction Act (IRA) is turning the U.S. into a cleantech powerhouse, reshaping global economics. The old China-led commodity supercycle is giving way to a new U.S.-based supercycle focusing on clean energy and innovation.

Read More
Uranium, Lithium, Copper, Gold and Silver and Changing Attitudes Toward Commodities

Uranium, Lithium, Copper, Gold and Silver and Changing Attitudes Toward Commodities

John Ciampaglia, CEO of Sprott Asset Management discusses why a higher uranium price will help incentivize much needed production for the world's growing nuclear fleet. John also discusses his outlook on gold, silver, copper, lithium and more.

View Video
Stars are Aligning for Uranium and Nuclear Energy

Stars are Aligning for Uranium and Nuclear Energy

Uranium continued to outshine other commodities, with U3O8 surging 16.35% and uranium miner stocks climbing 9.11% YTD as of July 31, 2023. The growing embrace of nuclear energy is driving demand and sparking a resurgence in uranium mine operations. The U.S. opened its first new nuclear power facility in 30 years (Georgia Power's Plant Vogtle) and is actively legislating to reduce dependency on Russia's nuclear supply chain.

Read More
Sprott Update on Gold, Uranium and Battery Metals

Sprott Update on Gold, Uranium and Battery Metals

John Ciampaglia, CEO of Sprott Asset Management, sits down with James Connor of Bloor Street Capital to discuss the current state of the gold market, the resilience of uranium compared to other commodities, the growth of the battery metals sector and Sprott’s focus on providing investors with access to energy transition investments. 

View Video
Supply-Demand Gap Ignites Uranium Rally

Supply-Demand Gap Ignites Uranium Rally

Uranium markets rallied in June with the U3O8 uranium spot price adding 2.61%. U3O8 has climbed a healthy 15.95% YTD, while most other commodities have lost ground. Greater focus on the uranium supply-demand gap helped boost uranium mining stocks in June, with junior miners up 18.88%. Positive momentum in reshoring supply chains continues, given looming sanctions on Russian uranium.

Read More
Uranium Remains Resilient, While Threats of Nationalism Rattle Equities

Uranium Remains Resilient, While Threats of Nationalism Rattle Equities

The U3O8 uranium spot price gained 1.58% in May,* increasing from US$53.74 to $54.59 per pound as of May 31, 2023. Uranium has posted a healthy 12.99% year-to-date return as of May 31, and continued to show strength and diversification relative to other commodities, which declined 13.16% YTD (as measured by the BCOM Index).

Read More
A New Era: How Critical Minerals are Driving the Global Energy Transition

A New Era: How Critical Minerals are Driving the Global Energy Transition

Critical minerals are essential for the global energy transition as we gradually phase out CO2-intensive energy sources with cleaner sources, including nuclear, solar, wind, hydro and geothermal energy and greater use of electric vehicles (EVs). We believe the unique supply and demand dynamics for critical minerals will underpin potential investment opportunities in the years ahead.

Read White Paper
Bloor Street Capital Virtual Copper Conference

Bloor Street Capital Virtual Copper Conference

Sprott Asset Management’s Shree Kargutkar, CFA, speaks with Bloor Street Capital’s Jimmy Connor at the May 11 Virtual Copper Conference. Shree discussed the supply/demand scenario for the metal and how it may change with the growth of electric vehicles, geopolitical factors impacting global copper mining and recent M&A activity in the sector. He and outlined the potential investment opportunity copper and its miners provide. 

View Video
Uranium’s April Breakthrough

Uranium’s April Breakthrough

The U3O8 uranium spot price climbed 6.01% in April, closing the month at $53.74. The U3O8 price reacted positively to China's bullish comments about its ambitious plans to expand its nuclear energy capacity to supply 18% of its electricity needs by 2060, up from 5% today. YTD, the uranium spot price has gained 11.24% as global acceptance of nuclear energy increases and positive momentum builds within the uranium industry.

Read More
Uranium Proves Resilient in March

Uranium Proves Resilient in March

The U3O8 uranium spot price fell slightly in March, from $50.85 to $50.70. YTD through 3/31/2023, uranium has gained 4.93%, demonstrating resilience relative to other commodities (down 6.47% as measured by the BCOM Index). Along with other equities, uranium mining stocks fell in March, victims of the selloff following the U.S.'s biggest banking crisis since 2008. Positive headlines on nuclear power restarts continued in March.

Read More
Uranium‘s Mixed February

Uranium‘s Mixed February

Although markets in February saw a reversal of January's positive performance, spot uranium posted a slight gain of 0.20%, outperforming many other asset classes. Uranium miners made headlines with significantly-sized uranium contracts that reflect higher demand for long-term supply commitments. Uranium market fundamentals are the most positive in over a decade and are likely to continue to be the primary performance driver.

Read More
Bloor Street Capital Nuclear and Uranium Conference

Bloor Street Capital Nuclear and Uranium Conference

John Ciampaglia: “I think it's an interesting time to be investing in uranium — from a fundamental perspective, from an energy policy perspective, from a geopolitical risk perspective….we've experienced a sea change in the level of interest related to uranium, energy transition materials and mining investments.” Bloor Street Capital's Nuclear and Uranium Virtual Conference featured John Ciampaglia, CEO of Sprott Asset Management, and Per Jander, WMC Energy, Director, Nuclear & Renewables.

View Videos
The Energy Transition Is Here. Is Your Portfolio Ready?

The Energy Transition Is Here. Is Your Portfolio Ready?

As the world sets aggressive goals to reduce reliance on fossil fuels and move to cleaner energy sources, critical minerals will be essential. Due to years of underinvestment, we believe demand is likely to outstrip supply for many energy transition materials, including uranium, lithium, copper, nickel and others. The investment opportunities may be powerful.

Replay Webcast
Uranium‘s January Jump

Uranium‘s January Jump

January was a strong month for uranium markets, with U3O8 uranium spot price posting a 5.05% increase and uranium mining equities gaining 14.65%. Looking ahead, we believe the uranium bull market still has a long way to run. Over the long term, increased demand in the face of an uncertain uranium supply is likely to support a sustained bull market.

Read More
Key Trends for 2023 and December Recap

Key Trends for 2023 and December Recap

Three key themes for uranium markets in 2023: 1) increased emphasis on energy security worldwide; 2) higher conversion/enrichment prices may boost spot uranium prices; and 3) the global energy transition supports the case for nuclear power. Uranium's performance was notably strong in 2022, despite the overall bear market. Although uranium mining equities fared less well, we believe that the positive fundamentals for uranium and nuclear energy are likely to provide support in 2023.

Read More
The Optimistic News Continues

The Optimistic News Continues

The uranium markets did not perform as well as other sectors in November, despite having posted relatively strong performance throughout 2022. While the price of U3O8 uranium has lagged since May 2022, conversion and enriched uranium prices have significantly appreciated. We believe that current demand, coupled with a shift away from Russian suppliers, is likely to support a higher U3O8 uranium spot price.

Read More
Looking Ahead to Metals and Miners

Looking Ahead to Metals and Miners

2022 has been a difficult year for many asset classes. Markets were historically volatile, with higher-than-expected inflation, quickly rising interest rates, the Russia-Ukraine war and the threat of a global economic recession. While metals and mining investments shared in 2022’s volatility, we look ahead to brighter opportunities in 2023.

View Webcast
Uranium's October Optimism

Uranium's October Optimism

The U3O8 uranium spot price climbed 8.32% in October, rising from $48.25 to $52.27 per pound. YTD as of October 31, 2022, the uranium spot price has climbed by 24.12%. We believe the uranium bull market remains intact despite the negative macroeconomic environment. Our outlook is supported by the unprecedented number of announcements for nuclear power plant restarts, life extensions and new builds that are all creating demand for uranium.

Read More
Uranium's September Setback

Uranium's September Setback

September was tough on uranium (both physical and stocks), which was negatively impacted by the month's drawdowns. We believe the uranium bull market remains intact, especially given that many countries are facing energy shortages and rocketing costs. Nuclear energy provides a solution as a reliable, affordable baseload energy source. 

Read More
Uranium’s August Glow

Uranium’s August Glow

Uranium, both physical uranium and mining equities, had standout performance in August, in contrast to the weak results posted by the broader markets. We believe uranium's gains reflect the growing acceptance of nuclear power among global governments as they seek alternatives to meet ambitious energy transition and security goals.  

Read More
Unearthing Opportunity: Uranium Miners and the Global Clean Energy Transition

Unearthing Opportunity: Uranium Miners and the Global Clean Energy Transition

Energy infrastructure and commodity markets are coming into high focus. A new wave of technological changes geared towards higher energy efficiency is underway. We believe that nuclear energy and uranium miners are poised to benefit from this shift.

Read White Paper
Dawn of a New Nuclear Renaissance?

Dawn of a New Nuclear Renaissance?

The Sprott Physical Uranium Trust (“SPUT”, TSX: U.U ($US); U.UN ($CA)) was launched just over a year ago in July 2021. While we were optimistic about the prospects for uranium, we could not foresee the tectonic shifts in the uranium sector that followed the launch and SPUT’s significant impact.

Read more
SPUT: One Year Later

SPUT: One Year Later

When SPUT began trading in late July 2021, there were many questions about how it would affect the uranium market. With 12 months of trading now behind us, we can confidently state that SPUT has dramatically altered the spot uranium market with far-reaching effects on much of the industry.

View Article
Uranium Miners and the Clean Energy Opportunity

Uranium Miners and the Clean Energy Opportunity

A new uranium bull market is underway. Uranium miners are well positioned to take share within the energy sector as energy security and decarbonization take center stage globally. A uranium supply deficit is looming on the horizon, and uranium miners are likely to be the beneficiaries of increased investment. Learn more from our webcast replay.

View Webcast
Early Innings for Uranium Investments

Early Innings for Uranium Investments

A new uranium bull market is underway. Energy security and decarbonization are taking center stage globally, igniting a fresh and more rational look at the benefits of nuclear power. Ed Coyne, Senior Managing Director at Sprott, joins Tim Rotolo, co-creator of the North Shore Global Uranium Mining Index (URNMX), to explain how the Index is constructed to provide exposure to the key components of the uranium mining industry.

View Video
Uncovering the World of Uranium

Uncovering the World of Uranium

Host Ed Coyne is joined by Tim Rotolo, co-creator of the North Shore Global Uranium Mining Index (URNMX), to discuss the current dynamics of the uranium mining sector and how the Index is constructed to provide exposure to the key components of the uranium mining industry.

Listen Now
Uranium & Nuclear Energy: Critical to the Clean Energy Transition

Uranium & Nuclear Energy: Critical to the Clean Energy Transition

Nuclear energy’s profile as a highly efficient, reliable and zero-carbon producing energy source has helped to create a new bull market for physical uranium. We discuss the shifting sentiment toward nuclear power and why a growing number of investors are investing in physical uranium and uranium miners.

View Webcast
Why Nuclear Power Plant Life Extensions & Uprates Matter (...SMRs are in Early Stages)

Why Nuclear Power Plant Life Extensions & Uprates Matter (...SMRs are in Early Stages)

Research and development on small modular nuclear reactors (SMRs) are underway globally and generating tremendous buzz. But SMRs are not likely to contribute meaningful amounts of carbon-free power for another decade. By contrast, nuclear power plant life extensions and uprates hold the power to boost carbon-free electricity production in the interim and provide a bridge to a future date when new SMR technologies will be commercially available.

Read more
Key Facts about Spent Nuclear Fuel

Key Facts about Spent Nuclear Fuel

Chemical reactions of fossil-fuel plants release more radiation into the environment than the operation of nuclear energy plants — 10 times more. Most nuclear-industry waste is relatively low in radioactivity, and only a small amount is produced. Estimates put the total waste from a nuclear reactor supplying one person's electricity needs for a year at the size of a standard brick.

Read more
Uranium & Nuclear Power Play a Critical Role in the U.S.

Uranium & Nuclear Power Play a Critical Role in the U.S.

Nuclear power generates more than 50% of the carbon-free electricity in the U.S. while meeting 20% of the country's electricity demand. As the country and the world take steps to tackle greenhouse gas emissions, we believe that uranium and nuclear power will be critical to the solution.

Read more
Uranium: Born of the Stars

Uranium: Born of the Stars

Uranium, an element born of the stars, is as complex as it is paradoxical. This heavy metal holds dormant powers both inspiring and terrifying. This new video shares incredible facts about uranium’s inter-planetary origins and looks at the critical role of uranium in the burgeoning green energy economy.

View Video
Uranium: A Key Element for a Net-Zero Carbon Future

Uranium: A Key Element for a Net-Zero Carbon Future

Uranium spot prices have been rising in 2021, in what we see as a strong new bull market. Investors are betting on nuclear energy’s profile as a highly efficient, reliable and clean energy source. Aggressive decarbonization goals worldwide are driving major policy shifts that are likely to bolster demand for uranium and nuclear energy.

View Webcast
Uranium Surged 20% in Last 2 Weeks, Where is this Rally Headed?

Uranium Surged 20% in Last 2 Weeks, Where is this Rally Headed?

David Lin of Kitco News interviews John Ciampaglia, CEO of Sprott Asset Management. They explore the recent surge in uranium prices, supported by a growing understanding that nuclear power is perhaps one of the more reliable and safe sources of baseload power and uranium supply is limited. 

View Video
Opportunities in Uranium

Opportunities in Uranium

Sprott's Ed Coyne and John Ciampaglia join Per Jander of WMC Energy to discuss the promising investment case for uranium and the launch of Sprott Physical Uranium Trust (TSX: U.UN). The Trust invests and holds substantially all of its assets in uranium in the form of U3O8 or "yellowcake," which is created in the first stages of its lifecycle from mined ore to spent fuel.

Listen Now
Insights by year
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017

Important Message

You are now leaving Sprott.com and entering a linked website. Sprott has partnered with ALPS in offering Sprott ETFs. For fact sheets, marketing materials, prospectuses, performance, expense information and other details about the ETFs, you will be directed to the ALPS/Sprott website at SprottETFs.com.

Continue to Sprott Exchange Traded Funds

Important Message

You are now leaving sprott.com and linking to a third-party website. Sprott assumes no liability for the content of this linked site and the material it presents, including without limitation, the accuracy, subject matter, quality or timeliness of the content. The fact that this link has been provided does not constitute an endorsement, authorization, sponsorship by or affiliation with Sprott with respect to the linked site or the material.

Continue