Swiss Uranium: High Demand and Low Supply

Swiss Uranium: High Demand and Low Supply

Tue, Feb 20th 2024

Swiss Uranium player Zuri-Invest AG stands out in Europe, adept at acquiring physical Uranium, benefiting from recent market surges.

Swiss Uranium
Keystone/SDA – PETR DAVID JOSEK

Zuri-Invest AG is one of the only companies in Europe capable of purchasing physical Uranium. While they do not disclose their exact holdings of Uranium, the recent price hikes surely have improved the company’s position.

Uranium Prices from Zuri-Invest AG

Zuri-Invest AG’s actively managed certificate for Uranium puts them in a unique position. There are only three licensed storage facilities in the west where investors can store physical Uranium: ConverDyn in the United States, Orano in France and Cameco in Canada, On their website Zuri-Invest AG claim their holdings are in the Candian center.

Reuters reports that banks such as Goldman Sachs and hedge funds are investing in the space as prices reach 16-year highs. Uranium is highly hazardous when improperly handled. Many Nuclear accidents stem from or are exasperated by the Uranium present at the power stations in question.

So, when it comes to investment in physical Uranium, questions of storage and transport are of the utmost importance. Your main option when purchasing real Uranium is uranium oxide concentrate (U3O8). Or yellowcake.

Yellowcake is less radioactive and, therefore, easier to transport and store. However, further processing is required for the mineral to become useful in energy production. These high regulatory barriers to storage, transport, and proper treatment and bad press from nuclear accidents have led to price suppression. Only 65% of global annual uranium consumption by nuclear power plants is currently held by major financial institutions (51 million kg).

Long-term demand for Uranium is going nowhere. As demand grows, the acceptance rate of new Uranium mines stays very low due to regulation. Investors such as Zuri-Group AG will surely benefit as prices spike due to demand.

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