Day Traders Are Driving Uranium Price Higher

[mahatmakanejeeves]

Enthusiasm from individual traders is reshaping the market for nuclear fuel and sending uranium-linked stocks higher

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Day Traders Are Driving Uranium Price Higher
Enthusiasm from individual traders is reshaping the market for nuclear fuel that generates a tenth of the world’s electricity and sending uranium-linked stocks

[hunter]

1. Astonishing amounts of potential nuclear fuel are now considered "waste."

This fuel could be everything from depleted uranium, nuclear weapons, mine tailings, and used light water reactor fuel.

There's enough of that shit already mined to power human civilization for two or three centuries.

Freshly mined uranium is less expensive and easier to work with than alternative nuclear fuels, but fundamentally, unlike fossil fuels, fuel costs are not the primary expense of nuclear energy.