Today @digdeep_mining, I speak with Keith Watson and Rob Crayfourd, Co-Fund Managers for CQS Natural Resources Growth and Income, the Geiger Counter Funds and Golden Prospect Precious Metals, about why they believe the uranium market remains structurally tight. We discuss: 🔸 Why Western inventories have fallen toward minimum levels 🔸 The impact of physically backed #uranium ETFs 🔸 How reactor life extensions are changing demand forecasts 🔸 The geopolitical reliance on #Russia and #Kazakhstan 🔸 Why nuclear is critical to #AI and data centre power demand 🔸 Whether $150-$200 uranium is realistic 🔸 Why new supply takes over a decade to permit Uranium represents ~20% of US electricity capacity, yet annual uranium trade equates to just a couple of days of oil trade in value terms. A fascinating look at supply, demand and long-term nuclear ambitions.
