Uranium at Record High: Risk Report Todd Moses · Follow Published in DataDrivenInvestor · 2 min read · 17 hours ago 17 hours ago -- ShareEstimand’s financial risk AI discovered a connection between the cost of electricity and uranium prices reminiscent of 2007. Why it matters: As a core component of nuclear power, a rapid change to the global price of uranium will reach. In 2007, the price of uranium spiked due to a series of natural disasters that impacted mining operations [Moran & Raup 2007]. Before the 2007 spike, much of global uranium came from the dismantling of Soviet-era nuclear weapons. Between the lines: Russia is the only producer of high-assay low-enriched uranium (HALEU) that serves to fuel next-generation nuclear power plants [Lykiardopoulou 2024].

Source: New York Times January 22, 2024 07:30 UTC