“Uranium’s Supply Crunch Is Getting Worse — And Prices Could Go Much Higher”
GEV is a stable, diversified company with strong SMR deal momentum; recommended as a multi-decade hold.
One of the notable names is GE Vernova with its BWRX-300 design. They have already begun building the first reactor of this type in Darlington, Ontario. Through multiple deals, we believe they will build one at the Clinch River site in Tennessee for the Tennessee Valley Authority.
Initial approvals for this were issued a few weeks ago by the Nuclear Regulatory Commission (NRC) to begin initial construction. So, this is a big deal and quite obvious because they have a lot of deals in the works.