Unearthing Opportunity - Uranium Mining Companies and the Global Clean Energy Transition - 2022

Uranium (Nuclear Minerals) / Exploration, Mining, Marketing, & Acquisitions

Spott reported in September of 2022 a White Paper that global energy is at an inflection point. Climate change is driving the urgent need for carbon-free electricity. Energy infrastructure and commodity markets are coming into high focus. A new wave of technological changes geared towards higher energy efficiency is underway. Spott concluded that nuclear energy and uranium mining companies are poised to benefit from this shift.

The case for uranium-mining equities comes down to three converging factors:

• First, the clean energy movement will have to embrace more nuclear power.


• Second, uranium supply is not sufficient to meet the future demand.


• Third, uranium mining companies  represent a tiny share of the energy market today but are poised to claim an increasing share going forward.

Nuclear power has a complicated political history. Yet, it represents a unique mix of attributes that renewables can’t match at scale. Countries and states will need to embrace these attributes to make significant progress towards future decarbonization goals.

The Three Trends Driving Uranium Miners

• New nuclear reactors are under construction or planned globally.


• Uranium mining supply shortfall is expected to rise relative to growing demand.


• As nuclear power gains a greater share of global electricity generation (currently 10%),¹ uranium mining companies will gear up to meet demand all over the world, but especially in the U.S. are poised to follow.

 View White Paper (here).