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Uranium

Yesterday

Barrels at a uranium production facility in Utah. Shares in ASX-listed producers and developers have soared this week.

Panicked investors rush to uranium stocks to beat price spike

Traders are rushing to get exposure to the nuclear fuel as the world’s largest physical uranium fund prepares to go on a buying spree.

This Month

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Australian mining exploration falls to four-year low

Exploration spending fell to $643.52 million in the March quarter, as a sharp fall in lithium and nickel prices discouraged activity.

Cobre chair Martin Holland.

ASX-listed player backs uranium hopeful Neu Horizons; 2026 IPO tipped

Aura Energy will cornerstone Neu Horizons’ $2 million pre-IPO raising at a $7 million pre-money valuation, taking a minority interest in the company.

May

The US is home to 94 nuclear reactors that power tens of millions of homes and offices.

Uranium stocks roar as Trump’s nuclear plan triggers short squeeze

Short sellers targeting uranium stocks have been scrambling to cover their positions amid reports that Donald Trump could jumpstart the nuclear energy industry.

April

Peninsula Energy has shareholders on edge

As one source puts it, potential suitors are waiting to see if Peninsula falls on both knees. It’s currently on one.

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Barrels at a uranium production facility in Utah. Demand for uranium could rise this decade, but for now, producers are struggling.

Will uranium ever get its day in the sun?

It was one of the hottest trades of last year. Now the commodity has a new claim to fame – it dominates the list of most-shorted stocks.

Queensland Premier David Crisafulli.

Heat on premier to end uranium ban

Many expected the return of a conservative government in Queensland would lift the uranium mining ban. But Premier David Crisafulli has other ideas.

The US is home to 94 nuclear reactors that power tens of millions of homes and offices.

Uranium stocks dumped as market ‘paralysis’ intensifies

The sell-off is feeding into the hands of hedge funds, which are heavily shorting the industry in Australia.

March

The Trump administration’s establishment of the National Energy Dominance Council is a central pillar of the US strategic outlook.

Australia should look to uranium as a chance to dodge Trump’s tariffs

Developing processing of the nuclear fuel with American firms would address US national security concerns and also attract significant interest from Japan, Korea and Taiwan.

February

Broker Morgan Stanley has shrugged off the recent sell-off in uranium stocks.

Morgan Stanley doubles down on uranium, with prices set to rocket

The broker remains optimistic about the outlook of the controversial energy source despite recent fears from investors that more efficient AI would reduce overall power consumption and lower demand for uranium.

Guy McKellar, Portfolio Manager of Tribecca for the investment firm’s Nuclear Energy Opportunities Strategy.

‘Very high risk, very volatile’: Why this fundie went nuclear

The Chinese AI upstart DeepSeek is the latest event to send uranium stocks sinking. But this long-time energy market guru says investors have little to fear.

Olympic Dam in South Australia is a major copper production hub for BHP. But it also produces a significant amount of uranium and gold.

BHP buoys uranium bulls with plans for small increase in production

Investors had feared the mining giant would create significantly more supply when it expanded production of copper in Olympic Dam. It says it will not.

January

Cooling towers of a nuclear power plant.

Going nuclear: stars align for ‘multi-year’ uranium bull market

Ignore the short sellers and buy up nuclear stocks as uranium prices are set to go on a tear.

December 2024

Rio Tinto chief executive Jakob Stausholm.

Rio Tinto rules out unification, mulls ASX share issuance

Rio Tinto boss Jakob Stausholm says he wants to bolster the Australian side of the dual-company structure, not unify it with the British side.

Bank of America is bearish on lithium, even after a 90 per cent slump in prices since 2022.

Lithium bear market tipped to intensify in 2025

Bank of America has slashed its forecasts for the battery mineral and also warns that iron ore could fall to $US75 a tonne. But there is one commodity that the broker is tipping will go on a tear next year.

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The Pilbara Minerals Pilgangoora project in Port Hedland, Western Australia.

Pilbara Minerals ‘to pop’ as short sellers now target uranium

The lithium producer is no longer Australia’s most shorted stock after its exclusion from a widely tracked index, prompting hedge funds to shift their focus.

November 2024

Tribeca’s Guy Keller says ASX-listed uranium stock Boss Energy has the most near-term upside.

Ignore the short sellers and buy this uranium stock: Tribeca

Portfolio manager Guy Keller is betting Donald Trump’s return to the White House will kick off a “new energy paradigm” and investment opportunity in nuclear.

Paladin Energy has plans to restart its Langer Heinrich mine in Namibia.

Paladin cuts ‘ambitious’ uranium production targets

Criticism that the West Australian miner had been overly optimistic in its expectations is ‘fair comment’, says chief executive Ian Purdy.

October 2024

Tribeca’s Todd Warren

This ASX uranium stock might be on the cusp of a short squeeze

Tribeca portfolio manager Todd Warren explains why he’s bullish on uranium and says stocks linked to the energy transitions are a steal.

The Ranger uranium mine in the Northern Territory, owned by ERA, stopped mining in 2012. Now it is a big and costly clean-up job.

Takeovers Panel mulls rare backflip on Rio Tinto’s uranium gambit

The Takeovers Panel will review a decision from only a fortnight ago, potentially reopening a running war between Rio Tinto and minority investors in ERA.

Original URL: https://www.afr.com/topic/uranium-hv6