The uranium rush is ON

Recent studies by RBC Capital Markets (RBCCM), a global resources specialist, have found that long-term uranium prices must rise to $60 a pound to meet fuel requirements for new nuclear reactors. Since the start of the current crude oil crisis, uranium has become one of the world’s hottest commodities, given its crucial role in powering nuclear reactors, which provide an alternative to energy sourced from hydrocarbons such as crude oil and natural gas.

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