
Along with lithium, uranium (UXJ24) has emerged as one of the most critical minerals of our times. With widespread applications in sectors like energy, medicine, industrial, and military, the global uranium market size is projected to touch $11.39 billion by 2030. Moreover, a report by Statista indicates that global demand for uranium will be 209 million pounds by 2035 - and that the supply of uranium is expected to drop over time.
And this sentiment is shared by the world's largest uranium company, as well.