The Uranium Trade
After a strong performance in 2021, momentum in the uranium trade has carried over into 2022—largely due to civil unrest in Kazakhstan, which is the world’s largest producer of this commodity.
After a strong performance in 2021, momentum in the uranium trade has carried over into 2022—largely due to civil unrest in Kazakhstan, which is the world’s largest producer of this commodity.
A late-summer rally in uranium prices has now been linked to increasing demand from the cryptocurrency mining sector for nuclear-powered electricity.