Most people would think twice about diving into a market like that.Not so those who run a nuclear power plant and must have the product in question: uranium . It could also make you extremely unpopular, with one in five households in the US reliant on nuclear energy . In the last uranium bull market, that secondary market kicked in, and the price rise, while sharp, was very short. You know that the cure for high prices is high prices, that demand begets supply and everything will be fine. But there is a problem with this argument in this market.First, expanding the supply of uranium will take a long time.

Source: Economic Times January 19, 2024 08:40 UTC