Uranium Unleashed Podcast

Welcome to this End of Week Review covering the historic market action from July 20 to July 24, 2026 . In this episode of Uranium Unleashed , we break down a watershed week in the nuclear fuel sector where miners took absolute control of the market tape and officially flipped the producer/utility bargaining table. While the physical spot price held steady as a firm floor, three massive corporate a...

Uranium Unleashed – Mid-Week Review Episode Overview This week we look beyond the quiet spot market and focus on the developments that matter over the longer term. The discussion centres on two major stories. First, the signing of the US–Saudi Arabia civilian nuclear cooperation agreement, which has the potential to add meaningful long-term uranium demand if Saudi Arabia follows through on its nuc...

Episode Overview China continues to lead the world in nuclear energy expansion, accounting for approximately half of all reactors currently under construction worldwide. With 64 operating reactors, dozens more under development, and an ambitious target of 110 GWe of installed capacity by 2030, the country is executing one of the largest infrastructure programs in modern energy history. In this epi...

Show Notes Episode Overview This week represents a critical convergence of geopolitical risk, Western supply updates, and technical capital allocation signals for the global uranium market. With spot uranium consolidating in the $84–87/lb range since early April and the long-term price sitting at a $95/lb premium , we break down the key data points and potential catalysts that could break the six-...

Show Notes Episode Summary: The uranium market enters a pivotal stretch as the "pricing patience" that has kept spot prices between $85 and $86/lb since April is finally being tested. This week, the narrative for the remainder of 2026 may be defined by whether Cameco’s flagship Cigar Lake mine restarts or if the company is forced to issue its first production guidance downgrade of the current bull...

Uranium Unleashed: Week in Review July 13–17, 2026 | The Enrichment Bottleneck Takes Centre Stage Episode Summary This week wasn't defined by movements in the uranium spot price—it was defined by what happened behind the scenes. While U₃O₈ remained stuck in the mid-$85/lb range, a series of developments reinforced a major shift in the nuclear fuel market: enrichment capacity has become the industr...

📝 EPISODE OVERVIEW Canada's uranium supply chain has survived its first major test of this bull cycle. After a two-week suspension at the world's highest-grade operating uranium mine, Cigar Lake, Cameco has confirmed a full restart with its 2026 production guidance completely intact. But while the supply chain proved its resilience, the geopolitical landscape fractured. The collapse of the US-Ira...

⚛️China Nuclear Expansion: 2026 Fleet Status and Construction Report 1 source·Jul 13, 2026 This report provides a comprehensive status update on China's rapidly expanding civil nuclear energy sector as of mid-2026. It highlights the nation's leadership in global nuclear construction, detailing a massive fleet of operating and developing reactors that aim to meet ambitious state capacity targets fo...

Podcast Assets: Uranium Unleashed — Week Ahead Episode Show Notes and High-CTR Promotional Assets Published: Sunday, July 12, 2026 🎯 Part 1: High-CTR Title & Subtitle Options All titles are optimized for maximum engagement while integrating the required phrase " Week Ahead " and accurately reflecting the core themes of the episode. Option 1: The Market-Maker Choice (Balanced & Analytical) Title:...

In this Week in Review for July 6 through July 10, 2026, we look past the stagnant $85 per pound spot price to uncover the real structural shifts moving the nuclear industry. While the surface-level market appeared quiet, the "first-derivative trade" of the decade became clear: enrichment scarcity is now the primary constraint on Western nuclear expansion. We analyze why the industry is pivoting f...

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Episode Summary: This episode of the China Nuclear Builds Weekly Update breaks down the staggering scale of China’s civil nuclear expansion. As of July 2026, the country’s operational civil nuclear fleet has reached approximately 62 power reactors with a combined net capacity of 61.2 GWe, trailing only the United States. With an additional 36 to 39 reactors (totalling 37–39 GWe) currently under ac...

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The growing chasm between uranium’s sleepy spot market and its surging long-term contract market reveals a Western fuel cycle bracing for a structural supply crisis. While spot prices quietly drifted within an $84 to $87 band to close the week near $85.70 per pound , long-term contract prices held firm at $94 per pound . This nearly $9 spread represents the widest sustained gap of the entire cycle...

This Substack is reader-supported. To receive new posts and support my work, consider becoming a free or paid subscriber. The uranium market’s mid-week dynamics center on an emerging “execution gap” that tests investor patience even as the structural supply thesis remains intact. I have compiled these core themes into a polished set of show notes with high-CTR titles, structured discussion points,...

Show Notes June 28, 2026 Fleet Status and Strategic Targets Operational Capacity: As of late June 2026, China operates approximately 62 commercial nuclear units with a gross capacity exceeding 60 GWe, making it the second-largest fleet in the world. Construction Pipeline: China leads the world with over 39 units (~37.3 GW) currently under construction, a position it has held for 19 consecutive yea...

⚛️Uranium Unleashed: The June 30 Pivot Point 2 sources·Jun 28, 2026 This report examines the critical financial and regulatory developments facing the uranium market during the final week of June 2026. The primary focus is June 30 , a pivotal date featuring an annual meeting for NexGen Energy , a major government deadline for HALEU fuel production , and the close of the second quarter. Investors a...

Week in Review (Total Run Time: ~11 Minutes) [00:00] Cold Open: Capital, Policy, Convergence The week saw a historic shift as $17.5 billion was committed by the U.S. government to jumpstart reactor construction. Simultaneously, Canada launched its sovereign strategy, and Walmart entered the nuclear procurement market. [01:15] Segment 1: The Number — Spot Market vs. Structural Signals The Figures:...

📜 Episode Show Notes Introduction: State-Backed Infrastructure vs. Retail Hype How sovereign capital and primary producer discipline are establishing a hard, long-term price floor for uranium. The transition from short-term commodity speculation to strategic, decades-ahead positioning by state-backed entities. Uncle Sam's $17.5 Billion Capital Injection Breaking down the U.S. Department of Energy...

1. The Unprecedented Scale of the Expansion The Global Leader in Construction: China is currently operating 62 reactors and constructing an additional 39+ units, totaling approximately 37.3 GWe. The 110 GWe Target: Under the 15th Five-Year Plan, China is targeting 110 GWe of nuclear capacity by 2030, with an ultimate aspirational policy goal of 200 GW by 2035. If met, nuclear power could contribut...

This week on the show, we dive into a critical 'signals over numbers' week for uranium. With major corporate earnings on pause, we unpack the geopolitical and policy forces driving the market, starting with the first full week of US-Iran nuclear negotiations and how they might reprice the spot premium. Then, we look to Astana for Kazatomprom's high-stakes EGM to see if the world’s largest producer...

⏱️ Show Notes: Chapter Markers & Timeline 00:00 – Introduction & Cold Open We open with the widening gulf between the spot market and long-term utility activity. Host A introduces the core thesis of the episode: at $85/lb, it is not the front-month price that matters right now—the real action is happening off the spot screen. 02:15 – Segment One: The Number We unpack the current consolidation rang...

Episode Summary In this mid-week review, we examine a critical stress test for the uranium bull case. As a U.S.–Iran framework reopens the Strait of Hormuz, the expected "peace dividend" sell-off in physical uranium failed to materialize. While equities rallied on geopolitical relief, the spot price remained flat at $86.10 , signaling that the market's structural constraints are independent of Mid...

Editor's Note (June 2026): We deliberately delayed our Q1 review to let the geopolitical dust settle on the February/March energy crisis. Now, with the benefit of hindsight and data showing spring price stabilization, we look past the speculative panic to reveal why the long-term uranium thesis is stronger than ever. Uranium broke $100 a pound in January—then a war crashed it 16% in a single week....

Episode Summary The week of June 15, 2026, is shaping up to be a geopolitical masterclass dressed up as a quiet trading week. While the corporate calendar is light on earnings, the single largest variable hanging over the uranium market moved decisively on Friday: the United States and Iran agreed to the final text of the Islamabad Declaration . This framework plans to demine the Strait of Hormuz...