Marko Grecs @emge2116: "🔷 INVESTING IN URANIUM INDUSTRY..."

Slovenia

🔷 INVESTING IN URANIUM INDUSTRY 🔷 Following up on my previous post www.etoro.com/posts/8467b0c0-df49-11f0-8080-80007417ac0f Here are some stocks that look like good ways to get exposure to the nuclear industry: ➤ MINING AND FEEDSTOCK 〰 $CCJ (Cameco Corp) It’s the world’s second-largest uranium producer, operating mines in Canada, the U.S., Kazakhstan, and elsewhere. It also refines, processes, and markets uranium, though it doesn’t own power plants. Its scale reduces risk compared with smaller explorers and offers pure institutional-grade uranium exposure. 〰 $KAP.L (Nac Kazatomprom Jsc-Gdr Regs) Kazatomprom is the world’s largest and lowest-cost uranium producer, providing 40% of global uranium supply. It is largely state-owned, which brings political and regulatory risk, but also government support and priority access to Kazakhstan’s extensive reserves. Since 2009, Kazakhstan has led the world in natural uranium mining, and Kazatomprom benefits directly from that position. The company signaled a reduction in its nominal 2026 production, reflecting a cautious approach to ramping capacity and supporting uranium prices. It’s positioning itself as an integrated fuel supplier across the whole nuclear fuel cycle - from geological exploration and uranium mining to production, R&D, and patented technologies. 〰 $UEC (Uranium Energy Corp) A company with a straightforward focus on uranium exploration, development, and eventual production. It isn’t highly profitable yet, but has strong potential if uranium prices remain high or rise. 〰 $UUUU (Energy Fuels Inc) It handles mining and supply, while also engaging in broader uranium activities, including byproduct revenue, stockpiling U₃O₈, and spot sales. Its large stockpile gives the company flexibility to sell when prices are favorable rather than at spot lows. ➤ PROCESSING & ENRICHMENT (Companies involved in converting, enriching and supplying nuclear fuel) 〰 $LEU (Centrus Energy Corp) Centrus is the only U.S. company licensed by the NRC to produce HALEU (high-assay low-enriched uranium). HALEU is enriched to 5–20% U-235, making it easier to undergo fission than standard LEU (<5%), which powers current large reactors. Advanced reactors and most SMRs are designed for HALEU, while fuel above 20% is highly enriched uranium (HEU) and weapons-relevant. HALEU allows advanced reactors to run smaller, longer, and more efficiently, though reactor designs must safely handle the higher enrichment. The company has already started producing small quantities, and with 70 years of enrichment experience plus its NRC license, it is well positioned to supply the growing fleet of advanced reactors, SMRs, and microreactors. Its extended DOE contract through June 2026 adds further visibility, offering a pathway to profit if the U.S. pushes ahead with advanced reactor buildout. ➤ ADVANCED & SMR REACTOR DEVELOPERS Early-stage companies building the next generation of fission technology, designing SMRs and microreactors for specialized markets rather than traditional utilities. 〰 $OKLO (Oklo Inc) Developing next-gen microreactors for off-grid clients like data centers, industrial sites, military bases, and remote communities, all running on HALEU. Still in the early phases, the company carries high risk but could see significant gains if regulatory approval proceeds smoothly. 〰 $SMR (NuScale Power Corporation) NuScale is a leading U.S. SMR developer, with the first SMR design certified by the NRC. Deployment is still in early stages, but the company has massive growth potential if SMRs become mainstream. ➤ OPERATING UTILITIES / POWER PRODUCERS (Established giants running large nuclear fleets. These companies are profitable, not speculative, pay dividends, and some are now beginning to expand into SMRs.) 〰 $CEG (Constellation Energy Corp) U.S. utility with the largest nuclear fleet, generating steady profits partly by supplying energy to tech companies. Its 21 reactors make it a go-to source for Big Tech energy needs. It also benefits from a $1 billion DOE loan to launch the Crane Clean Energy Center, adding significant capacity to the grid. 〰 $VST (Vistra Corp) Generates electricity across natural gas, coal, solar, battery storage, and nuclear, with one of the largest competitive nuclear fleets in the U.S. 〰 $1816.HK (CGN Power Co Ltd) & $KEP (Korea Electric Power Corporation) Looking outside the U.S., CGN is one of China’s largest nuclear builders, owners, and operators. Its stocks provide investors with geographic diversification, but they are largely government-owned, which comes with higher political and regulatory risk. KEP is the dominant nuclear energy producer in South Korea and is also largely government-run, offering similar diversification benefits and risks. ➤ For a safer, diversified option, investors can consider the uranium-focused ETF $URA (Global X Uranium ETF) ➤ CONCLUSION I’ve held Cameco and CGN Power since 2021, when I first saw the nuclear industry’s potential, and I’ve been pleasantly surprised by their performance. With the current supply-demand gap and long-term prospects, I believe nuclear has huge upside. If you know of any other companies I may have missed, let me know in the comments.