Midnight MarketsV1.0
⚠ Not financial adviceNot financial advice. Independent research, not investment recommendations. The author and website make no representation as to accuracy or completeness. Do your own due diligence before acting on anything you read here. Read the full disclaimer →
The Power Grid — Power, Cooling & Construction · AI Chain

CCJ

Cameco Corporation
loading…
History0 bars

Uranium mining — the fuel for the nuclear thesis

What they do

If Microsoft, Meta, and Amazon are all signing 20-year nuclear PPAs, somebody has to dig up the uranium that fuels those reactors . Cameco is one of the world's largest. Spot uranium prices have already tripled in two years. Hyperscaler nuclear deals push utilities into long-term uranium contracts at higher prices — Cameco is the cleanest play. Spot prices are volatile, and Kazatomprom production levels remain a wildcard.