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Barchart
Barchart
Andrew Hecht

Will the Bull Market in Uranium Continue?

URA uranium Statista Mining NLR URNM ETF Nuclear Power

Uranium is a silvery-white chemical element and an energy commodity. Enriched uranium U-235 concentrations are critical fuel for nuclear power plants and reactors that power naval ships and submarines. Uranium is also crucial for atomic weaponry. The demand for uranium has been rising, and the price has been in a bull market since 2016. Rising demand for uranium has put upward pressure on uranium mining shares.

The uranium price is in a bull market

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