The primary catalyst for the next leg up in uranium prices and equities will be the resumption of replacement-rate term contracting cycles, which must happen because utilities have limited alternative levers to pull and will be forced back into the term market to cover future fuel needs.
causalpending
Speaker
Justin HuneaultEvidence Quote
“the main event hasn't even happened yet which is the resumption of a termy a replacement rate term Contracting cycle and last year we had a decent volume in the term Market um this year has been very very quiet for reasons I can get into but uh it will resume it has to resume because there's only so many levers the utilities can pull”
Created: 8/12/2026, 6:05:51 PM
My Notes
Loading notes...