
Uranium (UXM24) prices soared earlier this year, after Kazatomprom - the world's biggest uranium producer - warned of its inability to reach production targets for the next two years. Reports suggest the global uranium market will grow to $11.39 billion by 2030, driven by revived demand from the nuclear industry, so the current supply crunch has effectively driven commodity prices higher.
Stocks tied to uranium miners have also been in focus, but one small-cap miner in particular is attracting attention for its rare earth business - which analysts say could give the company an edge over its uranium peers. Here's a closer look.