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Uranium stocks dumped as market ‘paralysis’ intensifies

Alex Gluyas

The ASX’s beaten-up uranium sector is braced for a fresh blow from US President Donald Trump’s next round of tariffs, which threaten to dislocate physical markets and further delay a hotly anticipated bull run.

The sell-off is feeding into the hands of hedge funds, which are heavily shorting the industry in Australia, including about a quarter of the shares outstanding on Boss Energy.

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Alex Gluyas is deputy markets editor based in the Melbourne newsroom. Connect with Alex on Twitter. Email Alex at alex.gluyas@afr.com

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    Original URL: https://www.afr.com/markets/commodities/uranium-stocks-dumped-as-trump-fears-intensify-market-paralysis-20250402-p5lofe