The uranium squeeze Uranium, the commodity that provides us with nuclear fuel used to generate electricity in nuclear power stations, has surged to price levels last seen in 2015. Many are saying that the current market dynamics have created a uranium squeeze that could propel the commodity to extraordinary heights.
This is not the first time we have seen a substantial rise in the price of uranium. During the early 2000s spot uranium ran from just $11 to $140, bringing uranium stocks up with them.
https://www.moneyweb.co.za/financial-advisor-views/the-uranium-squeeze/