Uranium & Fuel

Sprott Says Uranium Market Has Momentum, But Sounds Warning On Need For New Mines

By David Dalton
10 October 2025

Several catalysts lined up to fuel sector seen as critical for future of energy

Sprott Says Uranium Market Has Momentum, But Sounds Warning On Need For New Mines
Drums of U3O8 at a Kazatomprom facility in Kazakhstan. Courtesy Kazatomprom.
The uranium market has momentum on its side as it looks to end 2025 on a strong note, but several factors will be important in shaping future trends including the ability of major producers to maintain disciplined output, alongside the progress and setbacks of new mine developments, Sprott said.

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