Natural Resource Stocks host Steve Yang sits down with Justin Huhn, founder of Uranium Insider, to break down why the long term uranium price matters more than the daily spot tape, how carry trades set a real world floor for spot, and why a utilities versus producers standoff is shaping the next big move. Justin explains the spring washout, the V shaped recovery, and why recent monthly upticks in the term price are the tell to watch. He also lays out looming supply issues from legacy assets and the capital needed to replace them, plus the policy and demand wave from US life extensions, planned new builds, and restarts tied to data center growth.
Key topics
- How spot and term connect and why the floor sits in the mid 70s when forwards price in the high 80s to low 90s
- Why equities outran the commodity and where value may rotate next
- Utilities contracting behavior, market reference contracts, and why floors and ceilings complicate budgets
- Supply cliffs from Cigar Lake and global decline rates versus rising demand through the 2030s
- Portfolio mistakes to avoid in a volatile bull market and how to tranche risk sensibly
Guest
Justin Huhn – Founder, Uranium Insider
🌐 Website: https://www.uraniuminsider.com
uraniuminsider.com
📺 YouTube: https://www.uraniuminsider.com/youtube-channel
uraniuminsider.com
🐦 X: https://twitter.com/UraniumInsider
via site footer social link
uraniuminsider.com
Host & Channel Links
Natural Resource Stocks — Official Channel
🌐 Website: https://www.NaturalResourceStocks.net
📺 YouTube: https://www.youtube.com/@naturalresourcestocks
🐦 X: https://twitter.com/NRS_Stocks
💼 LinkedIn: https://www.linkedin.com/company/natural-resource-stocks/
Andy Millette – Host
🌐 Website: https://www.NaturalResourceStocks.net
🐦 X: https://twitter.com/AndyMillette
💼 LinkedIn: https://www.linkedin.com/in/andymillette/
Steve Yang – Co-Host
🐦 X: https://twitter.com/SteveYang_Market
💼 LinkedIn: https://www.linkedin.com/in/steveyang88/
Additional context cited in the discussion
- Three Mile Island restart path under Microsoft–Constellation PPA, renamed Crane Clean Energy Center.
Constellation
+1 - Palisades restart licensing approvals and timing.
Nuclear Regulatory Commission
+2
Reuters
+2
