Uranium & Fuel

Sprott Notes Recent Weakness In Uranium Market, Cautions On Russia and China

By David Dalton
19 December 2025

Investment company welcomes policy progress on new nuclear capacity

Sprott Notes Recent Weakness In Uranium Market, Cautions On Russia and China
Kazakhstan’s state-owned Kazatomprom is the world’s largest and lowest-cost producer of uranium. Courtesy Kazatomprom.
November saw “notable” weakness in the uranium market, despite positive signs that utilities are starting to sign new long-term contracts, visible policy progress on new nuclear capacity, and ongoing challenges in bringing uranium supply to market, Canada-based investment management company Sprott said in an update.

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