Uranium entered 2026 with renewed market momentum as spot prices pushed back above $100 per pound, a threshold they had not consistently held for two years. Analysts at Sprott point to structural demand recovery, extended utility under-contracting, and constrained new supply as the key forces behind the repricing, with utility buyers returning to the contract market after years of drawing down inventories. Denison Mines received final regulatory approval from the Canadian Nuclear Safety Commission to begin construction at its Wheeler River uranium project in Saskatchewan. The project will be Canada's first uranium mine to use in-situ recovery mining and the first large-scale uranium facility approved in the country in more than two decades. Construction is expected to take approximately two years, with production targeted to begin in mid-2028, adding meaningful Canadian supply just as global utility demand continues to rebuild. On the government side, General Matter secured a $900 million contract from the U.S. Department of Energy to build domestic enrichment capacity for high-assay low-enriched uranium, part of a $2.7 billion federal initiative to rebuild the American nuclear fuel supply chain. The program reflects growing bipartisan recognition that domestic uranium processing is a national security requirement. Gold posted a 64% gain in 2025 and silver climbed nearly 148%, both outperforming traditional asset classes by a wide margin. Investment firms and mining companies communicating commodity strategies to institutional and retail audiences can find resources through content strategy for investment firms at relyoncontent.com. Source: Sprott ETFs -- https://sprottetfs.com/insights/uranium-outlook-2026/