The Trump Administration Could Throw A Lifeline To The Uranium Sector

Over the past couple of years, the nuclear energy sector has enjoyed a renaissance in the U.S. and many Western countries thanks to the global energy crisis triggered by Russia’s war in Ukraine, high power demand and nuclear’s status as a low-carbon energy source. Uranium demand has soared thanks to a series of policy "U-turns" with governments from Japan to Germany revising plans to phase out nuclear power. Not surprisingly, prices of uranium--the fuel that powers conventional fission reactors--have soared to multi-year highs while…