URA News and Press, Global X Uranium From 03/23/22

One of the more interesting upshots of Russia’s invasion of Ukraine has been a big shift to the game theory landscape in the energy industry, sharply incentivizing investments in alternatives to crude oil following the spike in oil prices that has resulted from sanctions against Russia...

Monday, Prime Minister Boris Johnson promised nuclear energy industry leaders he would help cut through bureaucratic red tape to finance and build nuclear power in the UK. The goal would be to return nuclear power to 25% of the energy mix, according to Reuters sources. A near doubling of...

Last November it appeared retail investors were beginning to tip the scales in the physical uranium market. Newly introduced Sprott Uranium Trust (OTCPK:SRUUF) units allowed retail investors to indirectly purchase physical uranium; the trust acquired ~52m lbs of uranium in the past nine month...

Four Senators introduced a bill Thursday to ban imports of Russian uranium. Recent sanctions have restricted oil, natural gas and coal imports, but left the world's leading producer of enriched uranium free to trade with US utilities. Russia's Rosatom accounts for ~35% of the world's enriched...

Late Wednesday, a headline crossed the wire announcing, "US weighs sanctions on Russian nuclear power supplier Rosatom." Uranium investors took note, and industry heavyweight Cameco (NYSE:CCJ) spiked 6% into the close. Russia isn't a leader in uranium mining, the country accounts for ~5% of g...

Uranium headlines have taken a back seat, as war in Ukraine focused media attention on spiking oil prices, record European natural gas prices, and all-time-high thermal coal prices. Uranium investors have faced similar geopolitical and policy risks over the past two weeks, in addition to shif...

Greg Barnes: The Russia-Ukraine conflict is leading to a potential supply gap emerging in uranium and other commodities. Barnes: We are not looking at Fukushima type situation in Ukraine but investors remain cautious. Barnes: Utilities globally may have to re-shift their fuel supp...

With Russia’s invasion of Ukraine into its second week, the economic fallout is gradually coming into focus. In our view, it is highly likely that economic growth will slow in the US and globally, but less so in the U.S. We expect market volatility to remain elevated for an...

Risk increased exponentially with Russia’s attack of Ukrainian reactor. Uranium prices now face asymmetric downside risk. Best to wait until situation stabilizes before committing capital to the sector. For further details see: Sprott Physical Uranium Trust: War M...

Venture investor Marc Andreessen, best known for seeding companies like Facebook (NASDAQ:FB), Twitter (NYSE:TWTR) and Pinterest (NYSE:PINS), weighed in on the nuclear energy debate Thursday:  His comments follow similarly-themed comments from Twitter's (TWTR) founder Jack Dorsey:  W...