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From: The ETF Shelf
Nuclear Energy ETFs have soared over 70% in the past year, fueled by rising uranium prices and strong long-term demand as countries aim for energy security and meet Net Zero targets.
The price of uranium has recently spiked due to limited supply and speculative buying. Additionally, potential U.S. bans on Russian nuclear fuel imports could further strain supplies, reinforcing the positive outlook for nuclear energy investments amid global expansion efforts.
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