From Tradingeconomics.com:"Uranium prices were at $86 per pound,...

From Tradingeconomics.com:

"Uranium prices were at $86 per pound, bouncing off the six-month low of $82.8 touched on June 11th as markets continued to assess bullish demand bets against increasing supply. Most recently, the US and 20 other countries announced plans to triple their nuclear power by 2050. China leads the nuclear energy bets, currently building 22 of 58 global reactors, while Japan restarted projects to build nuclear reactors. In the meantime, investors continued to assess the impact that the US ban on Russian nuclear fuel imports may have on global supply chains. While the move will squeeze the availability of nuclear fuel in the short term, flexibility and waivers in the legislation softened shortage concerns. Russia is responsible for a quarter of US supply and about half of global supply, according to the latest estimates, and supply from the country has already been shunned by multiple European utilities following the start of its invasion of Ukraine in 2022."

There's enough tailwinds to assume uranium is going to have support at these prices for a while.

Also, interesting reading: We just broke ground on America’s first next-gen nuclear facility | Bill Gates (gatesnotes.com)