The Sprott Junior Uranium Miners ETF is a recent addition to the uranium ETF universe. Launched in February 2023, it tracks the NASDAQ Sprott Junior Uranium Miners Index, which in turn follows small uranium companies. Read on to learn about the uranium ETFs and related vehicles on offer. Despite the challenges seen in the past, uranium is hitting new strides. Sign up to the free private list to discover strategic pathways to second citizenships/residencies, and explore international real estate investment opportunities.

I mentioned the number of new nuclear reactors in India and China before. With the information about South Korea and air pollution in industrial cities in India and China, the motivation of emerging countries to switch to nuclear energy is high. Developed countries and emerging countries handle their phase-out from coal-powered energy production differently. It would be hypocritical of us living in developed countries to expect emerging countries to stop using coal as means of energy production; thus, create wealth for their population. Follow up-to-date news on Sprott Uranium Physical Trust and the compelling uranium/nuclear energy markets.

• The main application of uranium is in the use of its isotope U235, which is a fissile material in nuclear reactors.
• Sprott Uranium Miners ETF primarily focuses on companies involved in uranium mining, although it also will invest in companies that hold the physical element, own uranium royalties, or are otherwise involved in the uranium industry.
• In this short guide to trading uranium, we will explain how and where you can trade this increasingly sought-after commodity.

That’s what we’re in the process of seeing, and that’s called overfeeding, where you go through more apples to get sort of the high grade the apple juice that’s in the apple. And it’s moved up a bit from there, but it’s really stagnated until this year. And this year, you’ve seen over 70 million pounds contracted, which is roughly 35% of annual demand. So the contracting cycle is now resetting and things are getting exciting again.

I had the great pleasure to interview Scott Osheroff, a fund manager based in Asia, who first introduced me to this thesis almost 3 years ago. NorthShore Global (URNM.US) acquisition of the fund by Sprott Investment was announced in how to show remote work experience on your resume early November 2021. Sprott is in the process of obtaining an exclusive licence to use the North Shore Global Uranium Mining Index (the “Index”), the performance of which is tracked by the North Shore Global Uranium Mining ETF.

We had a boom in aluminium, copper, building materials, steel and other raw materials. But it turns out that uranium with its current spot price at around $50 is still almost three times cheaper than velocity trade it was at the peak of the 2007 bull market. Uranium Energy Corp (UEC) is a U.S. mining company with a set of government licences and permits to mine its deposits in the western and central U.S.

Looking at unusual uranium investments

Please ensure you understand how this product works and whether you can afford to take the high risk of losing money. The U.S., where 93 reactors already operate, is also investing further in nuclear power. Two reactors are currently under construction, and last month, the Biden administration launched a $6 billion program to keep current reactors operating. In addition, the U.S. plans to invest $600 million to test the potential of small modular reactors and advanced nuclear reactors. Concentration risk is often a factor in smaller industry and thematic funds, and that’s absolutely the case for URA.

The CFD type of uranium ETFs investment is a financial contract that you trade to earn the price difference between your open and closed positions. It’s also a good option for traders who like high risk ventures and dynamic trading. Physical uranium resources on land are sufficient for humanity for about 300 years at the current demand. Currently, there are a growing number of mining uranium projects because uranium deposits are important for the long-term energy future of our planet. This may have the potential to initiate a price rally of uranium on the spot market and the whole nuclear sector.

• It holds 50 different stocks and pays a 30-day SEC yield distribution of 1.03% on a semi-annual basis.
• The fund has an expense ratio of 0.86 percent and a year-to-date return of 11.05 percent.
• In fact, nuclear energy is widely considered as the cleanest of the clean energy sources.
• The difference between production and demand comes from secondary sources.

Nuclear power plant meltdowns are incredibly rare, and the risks are declining as technology races to meet the science. But when they do happen, they can be catastrophic – and lead to substantial bitfinex review policy changes. According to the World Nuclear Association, uranium production has been on a steady upward trend, with most coming from mines in Kazakhstan, Canada and Namibia as of August 2023.

How to invest in uranium ETFs

The main processing steps for uranium extraction take place deep underground (hence the term “in-situ”), resulting in lower production costs and inherently higher levels of health and safety due to very low mining risks. Once the resources are exhausted and the mining operations are completed, remote areas of the Kazatomprom mine are restored to their pre-mining condition, both above and below ground. Please note that this kind of speculation can be extremely dangerous and volatile because of the uranium ETFs market price action. Uranium ETF CFD trading gives traders an opportunity to maximise their profit faster even when price action is not very big, but losses can be also much bigger because of the use of leverage. Because of its very high density and energy potential, uranium is the perfect “space” source of energy.

The European and even largest global nuclear company is Electricité de France SA EDF. It is currently building four new nuclear reactors in France and in the United Kingdom. “Due to its large footprint in those two countries, it is well positioned to benefit from their high nuclear ambitions in coming decades,” explains Tancrede Fulop, senior equity analyst at Morningstar. But going forward and with many new reactors under construction and planned, the share of nuclear energy is growing and winning in importance.

It owns the Olympic Dam mine in Australia, which is one of the largest uranium deposits in the world. This mine produced 6% of total global supply in 2019 with estimates of 347,000 tonnes of contained uranium oxide. Following this disaster, Japan’s nuclear power production dropped from 30% to just 2%. All nuclear plants in the country were either closed down or operations were suspended, and other countries became wary of nuclear power generation also, cutting down on their own operations. Because of this, the price of uranium has halved since 2011 and is struggling to regain its peak. Built and maintained properly, uranium power plants can generate tons of safe, efficient and even profitable energy.

Top US uranium stocks

It is one of the largest uranium producers in the world and owns part of the Ranger Mine along with its parent company. Although mining stopped in 2012, it is still producing material from stockpiled uranium ore, and the Ranger Mine produced 3.8m of uranium throughout 2019. ERA sells its product to electric utility companies across Asia, North America and Europe. The company has previously come under fire for over 200 environmental incidents that have occurred at the Ranger Mine. Rio Tinto is an Anglo-Australian mining company with headquarters in London. As well as being one of the largest global producers of uranium, it is also one of the largest companies in the UK by market capitalisation and is considered to be of blue-chip status.

What country has the most uranium?

There are a lot of rumours about fuel technology (using thorium and plutonium) and Small modular reactors (SMR). The percentage of isotope U235 in natural uranium is 0.7%, which is too low for many applications. Uranium, therefore, requires processing to increase its isotope content in a process called enrichment. It is malleable, ductile and an electrical conductor (specific resistance 28×10-8 Ω-m; 16 times greater than copper). Nowadays, uranium glass has collector’s value, especially 19th century tableware, which may have as much as a 25% admixture of uranium.

Uranium Trading – How to Invest in Uranium?

The company has its headquarters in Nur Sultan, from where it operates and sells uranium and uranium-containing products. Trading uranium ETF CFDs is speculative and relies predominantly on price action. In the US those reactors are completely legal and the US Advanced Reactor Demonstration Program was expected to help licence and build two prototype SMRs during the 2020s, with up to $4 billion of government funding. Also, China declared its interest in this technology and even built the first ever SMR in July 2021.

For investors who want exposure to the uranium market, but crave the diversity of a basket of equities instead of single stocks, exchange-traded funds (ETFs) are generally the way to go. The selection of uranium-focused ETFs isn’t very wide, but luckily for investors the options are growing. Many investors have been waiting for uranium prices to increase and strengthen the market. As the trend toward clean energy continues, some believe that day is soon to come. It is interesting to note that, while Australia is the third-largest producer of uranium, and it also has the largest amount of uranium resources in the world, nuclear power is banned in the country. This may be due to the concerns surrounding the potential risks that nuclear stations and power plants present to the environment and the health of Australian citizens, which was triggered by the 2011 Fukushima disaster.