Uranium Miners Fall 30% YTD Despite Growing Long-Term Supply Deficit Outlook

Uranium miners are down approximately 30% year to date, even as uranium prices remain relatively flat.
However, long-term projections point to a widening supply-demand gap by 2045:
- Uranium supply is projected to decline approximately 30%.
- Demand is expected to double.
- The cumulative supply deficit could reach roughly 2 billion pounds.
That projected deficit equals approximately 12 years of current global uranium production.