The Nuclear Comeback 2026: Uranium Experiences the Supercycle – AI and Energy Policy Drive Prices!

Hardly any commodity is causing as much sensation at the beginning of 2026 as uranium . After years of stagnation, the nuclear fuel is experiencing a true renaissance. With the supply deficit, the growing electricity demand for AI data centers, and billion-dollar US investment programs, prices are rising rapidly. The spot price ended 2025 at around $82 per pound – but many contracts are already above 100 USD, some with caps at 150 USD. In the US, the gap between consumption and production is widening. The demand is over 50 million pounds annually,...