Guy Keller, Portfolio Manager of Tribeca Nuclear Energy Opportunities Strategy, says the more countries want to get clean electricity from nuclear, “the better the investment thesis” for uranium.
Keller shared on CNBC’s Street Signs Asia that nations like India aim to triple their nuclear capacity and further expand it, creating a compelling investment case for uranium. This is driven by the existing supply deficit in uranium amidst the ongoing construction of nuclear reactors worldwide. Consequently, any additional nuclear development by other countries will further escalate uranium demand. Despite current uranium prices, supply response remains inadequate. Thus, the increasing global pursuit of clean energy enhances the investment thesis for uranium.
Watch more here: CNBC Article