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The Oregon Group Report Forecasts 10-year Bull Market for Uranium

PR Newswire - Thu Nov 10, 2022

TORONTO, Nov. 10, 2022 /PRNewswire/ - Uranium is at the start of a 10-year bull market, according to a new report.The Oregon Group forecasts the uranium market will be positively impacted by a large net increase in global nuclear reactors, which require uranium as fuel. The report examines key drivers behind this growth, including decarbonization, commercialization of small modular reactor technology, and energy security. Additionally, analysis of the uranium market points to a major reduction in current global stockpiles, a lack of near-term uranium production, and the potential for a supply crunch.


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