Connect with us

Hi, what are you looking for?

Investing

John Ciampaglia: Uranium Facing Tight Supply, Pent-up Demand — Plus AI, Election Impact

John Ciampaglia, CEO of Sprott Asset Management, discusses uranium supply, demand and price developments, honing in on recent deals geared at feeding power demand for artificial intelligence (AI).

‘We never would have guessed it would have been AI data centers that kicked it all off, but I think it’s a very exciting development, and it helps to really validate the thesis that we’ve been talking about for over three years at this point.’

Ciampaglia also spoke about the potential impact of the US election, saying that while Republicans have historically been more pro-nuclear than Democrats, the industry is now receiving bipartisan support.

‘Irrespective of who wins, we think nuclear is going to continue to receive support,’ he emphasized.

Watch the interview above for more of his thoughts on uranium supply, demand and prices.

Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com
Enter Your Information Below To Receive Free Trading Ideas, Latest News And Articles.






    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    You May Also Like

    Editor's Pick

    An Italian holiday may be a priceless experience for those who have enjoyed all this country has to offer. But the summer of 2023...

    Editor's Pick

    Premature babies at Gaza’s largest hospital are being wrapped in foil and placed next to hot water in a desperate bid to keep them...

    Editor's Pick

    A 7.5 magnitude earthquake struck western Japan on Monday afternoon, triggering tsunami alerts as far away as eastern Russia and prompting a warning for...

    Editor's Pick

    Tensions are boiling over in Israel as frustrated families of hostages demand answers from the government about the fate of their loved ones and...

    Disclaimer: findandfunds.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


    Copyright © 2023 findandfunds.com