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URA News and Press, Global X Uranium From 04/07/22

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Company Name: Global X Uranium
Stock Symbol: URA
Market: NYSE

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URA - UK unveils plan to triple nuclear power capacity, uranium stocks march higher

The UK announced plans Thursday to triple nuclear power generation capacity by 2050. The plan calls for eight more nuclear reactors, which could be approved on existing sites. If implemented, the UK would generate ~25% of electricity from the carbon free energy source, helping the country mee...

URA - Can Nuclear Power Fuel The World's Energy Transition?

Don Li: Our view is that nuclear should play a role in decarbonization and the path to net zero. One advantage of nuclear energy is that it generates clean power. Li: Risks of nuclear have to be considered with its benefits - energy security and the lives it saves by avoiding emis...

URA - Not Much - Weekly Blog # 726

If one gains multiples of loss positions it doesn’t take long to produce a satisfactory return, it just takes patience to ride out multiple-year periods. The NYSE up-volume dropped to 13.7 million shares from 20 million shares the week before, while the NASDAQ up-volume rose to...

URA - Uranium builds steam - Canadian provinces announce nuclear energy plan

The governments of Ontario, Saskatchewan, New Brunswick and Alberta released a nuclear energy plan Monday. The provinces hope to build several small-scale nuclear reactors, the first in Ontario to begin production in 2028, with two in New Brunswick by 2030 and one in Saskatchewan.  Thoug...

URA - Biden's plan to reduce Europe's dependence on Russian gas

Friday, the White House released a statement announcing the creation of a task force to reduce Europe's dependence on Russian fossil fuels. As expected, the statement focused largely on medium-term natural gas supply, with few market-moving, short-term solutions.  The most tangible ...

URA - Uranium Stocks Today: What's Going on With CCJ, DNN, URA, UUUU and UEC?

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Uranium stocks are on the move today and we’re diving into what has investors interested in the sector on Thursday! Source: Shutterstock So what exactly has uranium stocks on the move today? There’s cont...

URA - How the Oil Spike Could Spur a Stampede into Alternative Energy Solutions (CCJ, VKIN, NEE, ENPH, FSLR, RUN, GE, ETN, TAN, URA)

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...

URA - Uranium outlook improves - UK plans to increase nuclear to 25% of energy mix

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...

URA - Caxton adds fuel to the uranium fire with ~$250m purchase of physical uranium

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...

URA - Senators move forward with bill to ban Russian uranium imports, Cameco takes off

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...

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