RBC Capital reports modest uranium market activity

Investing.com -- RBC Capital said uranium spot prices continue to trade near the mid-$80 per pound range with only moderate activity. The firm noted that broader market weakness has affected uranium equities and financial interest in uranium buying.

Term market activity remains moderate, but initial feedback from a recent industry conference points to potentially better engagement in the second half of 2026, according to RBC Capital.

In Japan, the Ministry of Economy, Trade, and Industry presented plans that may require replacing 2-5 reactors by the 2040s and 11-14 by the 2050s, potentially adding to new reactor build demand beyond just new capacity additions.

In Italy, the lower house of parliament approved a bill that will empower the government to reintroduce nuclear energy by establishing the required regulatory and legal frameworks to support domestic nuclear deployment. The bill is now with the Senate for consideration and could be approved by the end of July before Summer recess.

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