NLR ETF Climbs 75% in One Year as Uranium Miners Ride $100 Per Pound Breakout

The Uranium Price Question Everything in this ETF hinges on uranium prices. Spot uranium traded around $90 per pound in early 2025 and has climbed toward $100 recently, driven by supply constraints and growing reactor demand. Kazakhstan's Kazatomprom, the world's largest uranium producer, has signaled production challenges, while Western utilities are scrambling to secure long-term contracts outside of Russian supply chains. If uranium prices continue rising, the miners in NLR's portfolio should benefit thr ...