This interview podcast focuses on the uranium market and its connection to the recent "flash crash" in the tech sector, triggered by news about a Chinese AI platform. The hosts, Trevor Hall and Justin Huhn, first discuss the market reaction to this news, noting the illogical sell-off in uranium stocks. They then interview Bram Vanderelst, head of Curzon Uranium, who provides insights into the physical uranium market, explaining the disconnect between investor sentiment and the underlying fundamentals of supply and demand. Vanderelst attributes the price drop to utilities temporarily stepping back from the market due to uncertainties and high prices, while also highlighting the lack of mid-tier uranium producers. The discussion concludes with a long-term outlook on uranium supply and demand, suggesting a persistent deficit for several years.
