Uranium ETF Skyrockets as Demand Surges and Russia Bans Imports
Tuesday, 21 May 2024, 19:05
Overview
Exchange-traded funds tracking uranium-related stocks have seen substantial gains, driven by a surge in demand and geopolitical factors, particularly Russia's import ban. The soaring prices of uranium, essential for nuclear energy, are at their highest levels in over a decade. This has led to an optimistic outlook for investors in the sector.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.