Uranium

Uranium coverage.

After a decade of underinvestment, the uranium market has tightened as nuclear power gains political support. The fuel cycle has real structural constraints.

Macro driver

Nuclear restart

Exchanges

TSXV and CSE

The setup.

Utilities buy most of their uranium on long-term contracts. The spot market is thin and the supply response is slow.

The risk.

Political appetite for nuclear is volatile. A single incident can reset sentiment for years.

What we watch.

Physical uranium fund premiums, utility contracting, World Nuclear Association supply and demand figures, and uranium juniors on the TSXV and CSE.

Research

Uranium research.

Concrete nuclear power plant cooling towers under a blue sky, under the headline Uranium

Market Notes

Uranium and the Return of Nuclear Power

After a decade of underinvestment, the uranium market is tightening as nuclear power gains political support. Here is the supply, demand,...

2 min readJun 4, 2026