Video News/BMO 33rd Global Metals, Mining and Critical Minerals Conference
No supply response coming for the next few years — Sprott's John Ciampaglia on uranium
Uranium is “a very unique commodity” that even at $100 a pound is still seeing a supply deficit, says John Ciampaglia, CEO of Sprott Asset Management. In February Ciampaglia spoke to Kitco Mining at the BMO Global Metals, Mining & Critical Minerals Conference 2024 in Hollywood, Florida. “We don't see a real meaningful supply response coming for the next few years and in the absence of that we think uranium prices are going to be higher for longer,” he said.
Guests: John Ciampaglia
Source: Kitco Mining
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