Rick Rule: This energy crisis will be widely bullish for uranium in the long run
The Japanese and French nuclear fleet, the 4th and 3rd largest in the world, was constructed as a result of the painful experience of the Arab oil embargo in 1973.
The current energy crisis will have a similar effect, as uranium’s extremely high energy density allows countries to store years’ worth of energy supply with relative ease ...making it the best strategic energy source
- Japan runs 15 of their 41 reactors – expect increased reactivations
- Uranium is already in deficit
- Available supplies at cheap prices are quickly running out
- The pace of new plant construction will be red hot
Uranium is the winner of the current energy crisis
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Persistent uranium deficits shift contract negotiations toward producers with existing output, raising realized prices before new mines reach production.
Aug 29, 2026 · 3:14 PM UTC
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