Video: Uranium in the stars and on the cards

Global asset manager Sprott has launched a new educational video — Uranium: Born of the Stars which explains how, in the “history of humanity, there have been few commodities as conflicted as uranium.”

Uranium got a bad reputation as a fuel used by nuclear plants, and nuclear is a word that became synonymous with ‘destruction,’ but some academics argue nuclear power must be part of the clean energy transition.

While some environmentalists cringe at the word ‘nuclear’, nuclear technology can actually generate electricity without carbon output to produce clean energy for the mining industry.

Investors have poured more than $1 billion into uranium ETFs this year in a bet on nuclear power’s resurgence, as an appetite for uranium returns.