The Latest Breaking News from URNM

Kazatomprom, the world’s largest uranium producer, recently slashed its production target for 2025 due to project delays and sulphuric acid shortages. This move will put renewed upward pressure on uranium prices, which are already at historically elevated levels.

Uranium is a heavy metal that occurs naturally in the earth’s crust and seawater. Uranium is found in many ores and is about 1,000 times more abundant than gold.

The bans on Russian uranium imports by Western countries have pushed uranium prices significantly higher, and this trend is expected to continue this year. Therefore, investors could take advantage of soaring uranium prices by investing in ETFs Global X Uranium (URA) and North Shorte Global Uranium (URNM), which have significant…

Futures signaled further losses as a hawkish Fed sends Treasury yields soaring. Elon Musk's Twitter moves are weighing on Donald Trump's Truth Social.

The uranium ETF should benefit as Europe seeks to rely less on Russian oil and gas. And nations worldwide eye a role for nuclear energy.

Uranium prices have moderated but remain supported by the AI revolution and other long-term trends. Uranium ETFs can capture upside from rising power demand.