In the post-covid world, metal prices are growing, and so is the global economy. This also lays a pathway for the growth of uranium prices, however, the fundamental factors of supply and demand are weak drivers.
Analysis of the uranium market shows that it barely, if at all responds to changes in demand and supply. Over the last forty years or so, no change in supply has affected the price of uranium — neither the three-mine policy, which was introduced in Australia in 1984–1996 to restrict the number of operating uranium mines to three (on the contrary, the price plunged in that period), nor new launches or accidents at mines have had an upward price effect.
https://www.mining.com/uranium-growth-hormone/