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 Shifting Energy - Copper and AI: Understanding the Opportunity for ETF Investors

Shifting Energy - Copper and AI: Understanding the Opportunity for ETF Investors

In this episode of Shifting Energy (Season 1), Thalia Hayden of @etfguide talks with John Ciampaglia, CEO of Sprott Asset Management, about the growing energy requirements of AI and how uranium, copper, silver and other metals may benefit.
Shifting Energy: Uncovering Big Opportunities and Demand in Nickel for Investors
June 25, 2024
Shifting Energy: Uncovering Big Opportunities and Demand in Nickel for Investors
In this episode of Shifting Energy (Season 1), Thalia Hayden of etfguide talks with Steve Schoffstall, Director of ETF Product Management at Sprott Asset Management, about the nickel growth story, what's driving it and the investment opportunities now and ahead.
Uranium Miners Lead Market Higher
June 20, 2024
Uranium Miners Lead Market Higher
Thus far in 2024, the uranium spot price has stabilized between $85 to $95 per pound after a significant 88.54% increase in 2023. This phase indicates a healthy correction within a bullish market cycle. Uranium miners have shown improved performance, catching up to gains in the spot price.
A New Copper Supercycle Is Emerging
June 11, 2024
A New Copper Supercycle Is Emerging
The copper market is entering a new supercycle, built on several rising geopolitical and market trends contributing to a strong bullish outlook. Demand is surging as countries invest in clean energy and protect their access to copper, while supply is constrained by a lack of new mine development.
AI's Critical Impact on Electricity and Energy Demand
May 16, 2024
AI's Critical Impact on Electricity and Energy Demand
The rise of AI and data centers is likely to significantly increase global electricity demand, creating challenges for power grids but also opportunities for stable, clean energy sources like nuclear power. AI data centers are also likely to support increased demand for copper-intensive electrical equipment.
The Case for Investing in Nickel Miners
May 08, 2024
The Case for Investing in Nickel Miners
Nickel's future looks promising due to its role in achieving net-zero emission goals. Stricter regulations and government support for electric vehicles are driving up demand for nickel, which will benefit nickel mining companies in the long run. Nickel-intensive batteries are also increasingly being used in large-scale energy storage systems that employ thousands of NMC batteries to power renewable energy projects.
Nuclear Revival: A Resurgence for Uranium Miners
April 25, 2024
Nuclear Revival: A Resurgence for Uranium Miners
Rising global commitments to nuclear energy are helping to make uranium a compelling investment. While spot uranium prices have come down slightly after a significant rise, we believe there is room for growth given that demand is expected to climb as the need for low-carbon energy sources intensifies. We believe that uranium miners can add growth potential and diversification to investor portfolios.
The Copper Opportunity in One Chart
April 25, 2024
The Copper Opportunity in One Chart
As the world embraces clean technologies, the search for and expansion of copper mines will be essential. Early investors who gain exposure to copper mines may benefit from the rapidly increasing demand.
Miners Ignore Softer Uranium Price
April 19, 2024
Miners Ignore Softer Uranium Price
The uranium market showed mixed performance in March: the spot uranium price fell but miners' stocks rose due to long-term positive outlook for uranium demand. With no meaningful new supply on the horizon for three to five years, we believe the uranium bull market has further room to run.
Battery Storage Is the Technological Cornerstone for a Sustainable Energy Future
April 12, 2024
Battery Storage Is the Technological Cornerstone for a Sustainable Energy Future
The energy sector has experienced a remarkable transformation, primarily driven by the rapid growth and integration of renewable energy sources. Central to this transition is the advancement of battery storage technology, a critical enabler that promises to reshape how we generate, distribute and consume electricity. As we examine this evolving landscape, it becomes evident that battery storage is a technological cornerstone for a sustainable energy future.
Shifting Energy: The Copper Growth Story
April 01, 2024
Shifting Energy: The Copper Growth Story
In this  episode of Shifting Energy (Season 1), Thalia Hayden @etfguide talks with Ed Coyne, Senior Managing Partner and Steve Schoffstall, Director of ETF Product Management at Sprott Asset Management about the copper growth story, what's driving it and the investment opportunities now and ahead.
Uranium and Copper: The Elements of Energy
March 25, 2024
Uranium and Copper: The Elements of Energy
Electricity demand is expected to grow 86% by 2050. At the same time, most of the world is committed to seeking zero-carbon emissions and increasing nuclear energy capacity. At the center of this growth and transformation are uranium and copper – two critical materials that are in high demand and limited supply. These materials and their miners are potentially attractive investment opportunities.
The Elements of Energy: Uranium and Copper
March 26, 2024
The Elements of Energy: Uranium and Copper
Learn how renewed interest in nuclear power, rising global energy demands, and the transition to clean energy are driving investment opportunities in uranium, copper and their miners.
Nasdaq TradeTalks: How the Demand for Copper Could Be Impacted by the Transition to Cleaner Energy
March 15, 2024
Nasdaq TradeTalks: How the Demand for Copper Could Be Impacted by the Transition to Cleaner Energy
Steve Schoffstall visits Nasdaq TradeTalks to talk about Sprott’s continued expansion in the critical minerals sector, including the launch of Sprott Copper Miners ETF (COPP). Steve touches on the demand for copper in the ongoing global energy transition and what it means for the copper market overall.
Nasdaq Investment News: Copper and its Role in the Transition to Cleaner Energy
March 13, 2024
Nasdaq Investment News: Copper and its Role in the Transition to Cleaner Energy
Ed Coyne stops by Nasdaq Investment News to discuss copper’s role in the energy transition, its current status in the market and how Sprott is capturing the potential opportunity with the Sprott Copper Miners ETF (COPP) and the Sprott Junior Copper Miners ETF (COPJ).
Uranium Bull Market Takes a Healthy Pause
March 18, 2024
Uranium Bull Market Takes a Healthy Pause
Uranium markets pulled back in February after a rapid rise—in our view, this is a healthy pause in the ongoing uranium bull market. Announcements from Kazatomprom and Cameco underscored the uranium markets' structural supply deficit, while global governments continued to champion the benefits of nuclear energy.
Nickel - The Hidden Metal
March 19, 2024
Nickel - The Hidden Metal
Used in far more than just coins today, nickel is the hidden metal that’s everywhere in our modern world. To walk us through its fascinating story, Ed Coyne is joined by Gary Coates from The Nickel Institute.
Global Investment Pours into Renewable Energy
March 12, 2024
Global Investment Pours into Renewable Energy
February was a lackluster month for critical materials, but the backdrop remains very positive. The global commitment to clean energy hit a new milestone in 2023 as investment in energy transition surged to an unprecedented $1.77 trillion, led by electrified transport. Over the past 10 years, investment in global energy transition has grown at a 24% compound annual rate, several times the global GDP growth rate.
Shifting Energy: The Nuclear Energy Comeback and Uranium Powering It
March 07, 2024
Shifting Energy: The Nuclear Energy Comeback and Uranium Powering It
John Ciampaglia, CEO of Sprott Asset Management, joins Thalia Hayden on Sprott’s new video series, Shifting Energy. They discuss surging uranium prices, the latest nuclear renaissance and potential investment opportunities. The series was created in partnership with ETF Guide to keep viewers on top of energy transition investment opportunities.
All Eyes on Uranium Part 2
March 07, 2024
All Eyes on Uranium Part 2
Per Jander from WMC is back for Part 2 of our All Eyes on Uranium series. Per and host Ed Coyne discuss the recent production guidance announcements from Kazatomprom and Cameco and the overarching issue of the structural supply deficit in uranium.
Copper: The Red Metal's Central Role in Powering Our Net-Zero Carbon Future
February 26, 2024
Copper: The Red Metal's Central Role in Powering Our Net-Zero Carbon Future
Copper is the oldest metal known to civilization and derives its name from the Latin word Cuprum, for the island of Cyprus where Romans first found the red metal. This white paper introduces the trends that are driving copper markets and copper miners and explains our positive outlook for growth.
Copper: Wired for the Future
February 27, 2024
Copper: Wired for the Future
The demand for copper in energy grids, electric vehicles and clean energy technologies, combined with diminishing ore grades and limited inventories, underscores copper's growing importance. We believe copper prices and miners are likely to benefit from the growing supply-demand gap.
Uranium Price Returns to Triple Digits
February 20, 2024
Uranium Price Returns to Triple Digits
Uranium price surged 11% in January to $101 per pound, fueled in part by Kazatomprom's cut in guidance for 2024 production by ~14%. Junior uranium miners were top performers for the month, climbing 18.78%. Supply uncertainties continue to dominate markets, given the situation in Niger and possible bans on Russian uranium.
A New Era: How Critical Minerals are Driving the Global Energy Transition
March 12, 2024
A New Era: How Critical Minerals are Driving the Global Energy Transition
Critical minerals are essential for the global energy transition as we gradually phase out CO2-intensive energy sources with cleaner sources, including nuclear, solar, wind, hydro and geothermal energy and greater use of electric vehicles (EVs). We believe the unique supply and demand dynamics for critical minerals will underpin potential investment opportunities in the years ahead.
The Emerging Renewable Energy Economy
February 13, 2024
The Emerging Renewable Energy Economy
A significant transition is underway in global energy production. The era of renewable energy is emerging and beginning to reshape power generation. Recent trends suggest that this shift is no fleeting phenomenon but a fundamental transformation powered by the relentless fall in renewable energy costs. The world is investing heavily in renewables. Some 62% of total global energy investment is now directed to clean energy.
Nine Critical Energy Minerals for Investors
February 07, 2024
Nine Critical Energy Minerals for Investors
Low carbon energy technologies are driving increasing demand for minerals critical to the energy transition.
All Eyes on Uranium Part 1
January 29, 2024
All Eyes on Uranium Part 1
Per Jander joins host Ed Coyne for the first of a series of podcasts covering all the latest developments in uranium. Part 2 will be recorded and released after the upcoming announcements from Kazatomprom and Cameco in early February.
Sprott is Bullish on Uranium as Governments Shift to the Energy Source
January 25, 2024
Sprott is Bullish on Uranium as Governments Shift to the Energy Source
John Ciampaglia, CEO of Sprott Asset Management joins CNBC Fast Money to talk about the uranium market and share Sprott's views on the benefits of nuclear energy and the need for energy security.
Top 10 Themes for 2024
January 16, 2024
Top 10 Themes for 2024
What forces are likely to drive energy transition materials and precious metals markets in 2024 and over the next decade? We discuss 10 critical macroeconomic and market-specific themes ranging from deglobalization and climate policy to the new commodity supercycle and a potential silver price breakout.
Nuclear Waste: Dispelling Fears and Myths
January 12, 2024
Nuclear Waste: Dispelling Fears and Myths
Nuclear waste is not something to be feared. The care with which it is handled and stored contributes to the fact that nuclear power is one of the safest forms of baseload energy generation known to humanity. In this video, we dispel the many fears and concerns about spent nuclear fuel.
What a Year for Uranium and Nuclear Energy
January 03, 2024
What a Year for Uranium and Nuclear Energy
2023 provided the long-awaited inflection point for the uranium contracting cycle whereby we have finally achieved replacement rate levels. We believe the era of uranium inventory destocking and utility complacency is over. Long-term security of supply concerns, fanned by lingering geopolitical risks and the challenges of expanding primary production, will be the key themes to watch in 2024 and beyond.
Sprott Energy Transition ETFs
January 02, 2024
Sprott Energy Transition ETFs
The Sprott Energy Transition ETFs are a suite of ETFs designed with the potential for revenue and asset growth by investing in the miners of critical minerals that enable clean energy generation, transmission, and storage: Lithium, Uranium, Copper, Nickel, and several others.
The Lowdown on Uranium Demand
December 22, 2023
The Lowdown on Uranium Demand
Justin Huhn, founder of Uranium Insider, joins host Ed Coyne for a deep analysis of the uranium fuel supply chain and the challenges to satisfy expanding demand. "This year alone, demand is around 200 million pounds and supply is about 160 million pounds. That means we're about 40 million pounds short."
Uranium & Nuclear Get Boost from COP28
December 18, 2023
Uranium & Nuclear Get Boost from COP28
The U3O8 uranium spot price broke through $80 per pound, gaining 8.39% in November and is up 67.10% YTD; uranium stocks followed suit. COP28 was dubbed the "nuclear COP" in recognition of nuclear power's increasing importance and a growing awareness of a uranium supply-demand gap.
Lithium-Ion Technology Solidifies Lead in EV Battery Stakes
December 12, 2023
Lithium-Ion Technology Solidifies Lead in EV Battery Stakes
The long-term trajectory for EVs is positive despite the recent slowdown. The EV industry is navigating the typical challenges of early technology adoption, with continuous investments and technological advancements driving the transition to electrification. Lithium-ion batteries (LIBs) are the preferred battery technology for EVs, thanks to their superior technical properties and significant investment in their development and infrastructure.
The Future Demand for Battery Minerals
December 12, 2023
The Future Demand for Battery Minerals
Battery metals are expected to account for 95% of lithium demand by 2030.
The Global Uranium Market in 3 Charts
November 30, 2023
The Global Uranium Market in 3 Charts
The uranium market is experiencing increased demand, driven by its integral role in clean energy generation through its use in nuclear power.
Uranium Market Outlook 2024
November 24, 2023
Uranium Market Outlook 2024
Per Jander and James Connor discuss the uranium market, highlighting the catalysts for sharp increases in uranium prices in 2023, including increased utility and producer activity, production shortfalls from major players like Cameco and Orano, and geopolitical uncertainties affecting supply. Per Jander expresses optimism for the uranium market, emphasizing strong demand, ongoing long-term contracting discussions and potential supply disruptions as factors that could contribute to further price increases in 2024.
 Higher Uranium Prices Allow Miners to Resume Production
November 14, 2023
Higher Uranium Prices Allow Miners to Resume Production
The uranium price increased in October, reaching a 12-year high at $74.48 per pound. Although uranium mining stocks pulled back last month, the stronger uranium price has boosted producer revenues and the potential for mine restarts and new developments. A growing supply deficit is helping to support higher price levels as the West focuses on reshoring supply chains.
Battery Materials Deep Dive
November 13, 2023
Battery Materials Deep Dive
Daisy Jennings-Gray from Benchmark Minerals Intelligence joins host Ed Coyne for a deep dive into today’s battery metals markets.
Energy Security and the Shifting Focus from Oil to Critical Minerals
November 10, 2023
Energy Security and the Shifting Focus from Oil to Critical Minerals
We believe we are in the early stages of an energy transition materials secular bull market and favorable supply-demand dynamics are likely going forward. The upward revision in global growth, the timing effect of the China credit impulse and the surprise ending of China's zero-COVID policy have provided a tailwind for the metals market. For energy transition metals, we see this as a cyclical boost on top of the robust secular demand that is in play.
Uranium Rally in Early Innings, Sprott Asset Management CEO Suggests
November 08, 2023
Uranium Rally in Early Innings, Sprott Asset Management CEO Suggests
John Ciampaglia, CEO of Sprott Asset Management joins CNBC Fast Money to talk about the uranium market and share Sprott's views on the benefits of nuclear energy and the need for energy security.
The Energy Transition to Uranium and Battery Metals
October 25, 2023
The Energy Transition to Uranium and Battery Metals
Ed Coyne, Senior Managing Partner, sits down with Gillian Kemmerer of Asset TV to discuss the energy transition to uranium and other battery metals, and what investors should take into consideration in this space. He also shares Sprott's outlook on gold.
Rethinking Energy Exposure with Mineral and Mining ETFs
October 05, 2023
Rethinking Energy Exposure with Mineral and Mining ETFs
The global transition to clean energy is driving demand for critical minerals like uranium, copper and battery metals such as lithium and nickel. These minerals are crucial for nuclear power, electric vehicles, wind, solar, and hydropower.
Central Banks Support Gold; Solar PV Demand Buoys Silver
October 19, 2023
Central Banks Support Gold; Solar PV Demand Buoys Silver
Despite a pullback on gold investments, demand from sovereigns and central banks remains unwavering. Over the past decade, China has been committed to bolstering its gold reserves to enhance its economic and geopolitical standing. Silver is likely to be in high demand as the energy transition expands, given it is critical to solar PV panel technology, EV batteries and 5G cellular service.
Silver Demand Grows as Solar Leads Renewables
October 11, 2023
Silver Demand Grows as Solar Leads Renewables
Uranium's performance helped the energy transition complex close higher in September. From a macro outlook, solar panels are emerging as a critical player in the global energy transition. Evolving technologies in renewable energy, especially in the solar space, are driving a surge in silver demand which may likely outpace supply over the next decade.
Take What You Can Get
October 05, 2023
Take What You Can Get
With demand for nuclear fuel growing and supply facing challenges, the prevailing sentiment at the recent World Nuclear Symposium in London was “take what you can get.” Just back from the event, John Ciampaglia and Per Jander join host Ed Coyne to update us on the full story.
Uranium Rally Gains Power in September
October 04, 2023
Uranium Rally Gains Power in September
Uranium and uranium mining stocks posted their best month in two years, as the price of U3O8 reached a 12-year high. YTD as of 9/30/23, physical uranium has risen 51.88% and uranium mining equities have gained 23.93%. Positive sentiment toward nuclear power is growing, and the WNA estimates that uranium demand will double by 2040. Western nations are strategically maneuvering to reduce their dependence on Russia for both uranium supplies and related services.
How the Uranium Market Works
September 26, 2023
How the Uranium Market Works
Per Jander, WMC Technical Advisor to Sprott Physical Uranium Trust, draws upon his years of experience as a uranium trader to reveal how the market works. Who are the buyers and sellers, how is uranium transacted and how will the market evolve moving forward? Per answers these questions and more to give investors a better understanding of the dynamics of the uranium trade.
Pro-Nuclear Sentiment Ignites Uranium Opportunities
September 22, 2023
Pro-Nuclear Sentiment Ignites Uranium Opportunities
The global nuclear power industry is experiencing a revival. Geopolitical events and a surge in energy demand have shifted sentiment positively, with countries investing in new nuclear reactor builds, restarts and extensions. This has created a growth opportunity for uranium miners, especially as the uranium supply is facing challenges in meeting current and future demand.
The Great Power Shift: Uranium, Battery Metals and the Energy Transition
September 18, 2023
The Great Power Shift: Uranium, Battery Metals and the Energy Transition
The clean energy transition and worldwide energy security goals are fueling a global power shift. This shift has reignited interest in nuclear power, accelerated electric vehicle (EV) adoption and spurred renewable energy deployment. In this environment, uranium, lithium, copper and other high-demand, short-supply critical minerals are vitally crucial — and potentially attractive as investment opportunities.
Strong Fundamentals Anchor Uranium's Rise
September 15, 2023
Strong Fundamentals Anchor Uranium's Rise
Uranium and uranium mining stocks had a strong month in August. YTD as of 8/31/2023, spot uranium and uranium mining stocks have climbed 25.49% and 21.52%, respectively, outperforming the frothy S&P 500 TR Index's YTD return of 18.73%. We believe the uranium bull market is intact and favorable supply-demand dynamics will likely continue to provide support.
U.S. Taking Center Stage in Cleantech Investment
August 09, 2023
U.S. Taking Center Stage in Cleantech Investment
Given increased electricity demand and the risks posed by climate change, the U.S. power grid desperately needs modernization. There is an immediate need to expand the grid’s capacity, increase its resilience and support its most vulnerable components – the transmission and distribution lines.
The Great American Nuclear Renaissance
August 21, 2023
The Great American Nuclear Renaissance
With the introduction of the Inflation Reduction Act, US policy makers have reset the landscape for nuclear energy. Ed is joined by Benton Arnett from the Nuclear Energy Institute to walk us through the details.
Stars are Aligning for Uranium and Nuclear Energy
August 14, 2023
Stars are Aligning for Uranium and Nuclear Energy
Uranium continued to outshine other commodities, with U3O8 surging 16.35% and uranium miner stocks climbing 9.11% YTD as of July 31, 2023. The growing embrace of nuclear energy is driving demand and sparking a resurgence in uranium mine operations. The U.S. opened its first new nuclear power facility in 30 years (Georgia Power's Plant Vogtle) and is actively legislating to reduce dependency on Russia's nuclear supply chain.
Where Will the Gigafactory Feedstock Come From?
July 18, 2023
Where Will the Gigafactory Feedstock Come From?
Joe Lowry, aka Mr. Lithium, joins Ed Coyne to walk us through all things lithium, including where ”Elon's first principle's rhetoric falls off the side of the table”.
Growing Urgency to Modernize U.S. Power Grid
August 09, 2023
Growing Urgency to Modernize U.S. Power Grid
Given increased electricity demand and the risks posed by climate change, the U.S. power grid desperately needs modernization. There is an immediate need to expand the grid’s capacity, increase its resilience and support its most vulnerable components – the transmission and distribution lines.
Investment Opportunities in the Energy Transition
July 26, 2023
Investment Opportunities in the Energy Transition
John Ciampaglia discusses the energy transition on Nasdaq Trade Talks with host Jill Maladrino.
Copper: The Essential Power Player in the Energy Transition
July 18, 2023
Copper: The Essential Power Player in the Energy Transition
As the world seeks to reach net-zero targets and transition to cleaner, renewable forms of energy, copper is a requirement—but the amount of copper needed to successfully facilitate the energy transition is staggering. Learn about this critical mineral, its uses and how copper miners may be well positioned to benefit from increased investment in the low-carbon and renewable energy sector.
Central Banks Flex Gold Market Muscle
July 19, 2023
Central Banks Flex Gold Market Muscle
In the first half of 2023, the gold bullion price rose by 5.23% despite competition from a euphoric equity market. Even with contrasting approaches, central banks and investment funds became the main players shaping the gold market in the first half of the year. Central bank buying drove demand, and gold is reverting to its historical role as a significant reserve asset as central banks seek to diversify amid geopolitical uncertainties.
Supply-Demand Gap Ignites Uranium Rally
July 14, 2023
Supply-Demand Gap Ignites Uranium Rally
Uranium markets rallied in June with the U3O8 uranium spot price adding 2.61%. U3O8 has climbed a healthy 15.95% YTD, while most other commodities have lost ground. Greater focus on the uranium supply-demand gap helped boost uranium mining stocks in June, with junior miners up 18.88%. Positive momentum in reshoring supply chains continues, given looming sanctions on Russian uranium.
EV Battery Independence and the New U.S. Manufacturing Supercycle
July 10, 2023
EV Battery Independence and the New U.S. Manufacturing Supercycle
Energy transition metals miners posted strong results in June, with uranium mining equities leading the group. The U.S. is entering the early stages of a manufacturing supercycle driven by massive energy transition investment, which includes building a secure and resilient domestic EV battery supply chain. The U.S. and EU are likely to replace China as the primary drivers of future metals demand, as China's two-decades-long commodities dominance has likely crested.
Uranium Update from Per's Cabin
June 27, 2023
Uranium Update from Per's Cabin
Just back from the World Nuclear Fuel Market 49th Annual Meeting, Per Jander joins Ed Coyne for an update on uranium markets. The theme was “Mind the Gap”, not a nod to the London Underground but rather the pressing need for increased uranium production as countries ramp up nuclear power capacity.
Uranium Remains Resilient, While Threats of Nationalism Rattle Equities
June 21, 2023
Uranium Remains Resilient, While Threats of Nationalism Rattle Equities
The U3O8 uranium spot price gained 1.58% in May,* increasing from US$53.74 to $54.59 per pound as of May 31, 2023. Uranium has posted a healthy 12.99% year-to-date return as of May 31, and continued to show strength and diversification relative to other commodities, which declined 13.16% YTD (as measured by the BCOM Index).
BENZINGA: Steve Schoffstall Discusses Uranium and Energy Transition ETFs
June 05, 2023
BENZINGA: Steve Schoffstall Discusses Uranium and Energy Transition ETFs
Sprott’s Steve Schoffstall joins Benzinga’s Michael Murray and Anne-Marie Baiynd to discuss uranium, lithium and Sprott’s energy transition ETFs—including URNM, URNJ and LITP on Benzinga’s State of the Markets: ETF Capital Insights.
Geopolitical Risks Enhance Gold’s Role as a Reserve Asset
June 13, 2023
Geopolitical Risks Enhance Gold’s Role as a Reserve Asset
Gold attempted to breakout above $2,050 in early May before drifting lower as the U.S. debt-ceiling drama deepened and the U.S. dollar strengthened. At the same time, global central banks have been accumulating gold at a record pace. This highlights gold's role as a neutral reserve asset that has the potential to mitigate increasing counterparty risks amid escalating geopolitical tensions.
The West Moves to Weaken China's Hold
June 07, 2023
The West Moves to Weaken China's Hold
Lithium and lithium miners staged a sharp rebound rally in May and were the positive exception among critical minerals. The sector was weighed down by China's faltering recovery, ongoing global growth concerns and the U.S. debt ceiling drama. China’s dominance in critical minerals poses risks to the West’s manufacturing base and national security, highlighting the need for onshoring and friend-shoring energy transition supply chains.
Gold Rides Higher on Recession Fears
May 12, 2023
Gold Rides Higher on Recession Fears
The gold market continues to be bullish as the probability of a recession rises, regional banking stress resurfaces and the Fed seems determined "get inflation down to 2%, over time". Globally, we are entering a more challenging period featuring subpar economic growth, increasing risks to systematic financial stability, stubbornly high inflation and rising geopolitical risks. Against this backdrop, we believe gold should perform well, even if the U.S. debt ceiling disaster is averted.
Nationalization and Surging M&A Highlight Secular Strength
May 09, 2023
Nationalization and Surging M&A Highlight Secular Strength
The long-term secular growth outlook for energy transition minerals got several boosts in April, despite tepid performance for the month. Chile's decision to nationalize its lithium reserves reinforces the metal's role as a global strategic economic asset. M&A activity has heated up in the copper mining sector with lofty bids, including Glencore's $23 billion rejected offer for Teck Resources at a 20% premium.
Uranium’s April Breakthrough
May 05, 2023
Uranium’s April Breakthrough
The U3O8 uranium spot price climbed 6.01% in April, closing the month at $53.74. The U3O8 price reacted positively to China's bullish comments about its ambitious plans to expand its nuclear energy capacity to supply 18% of its electricity needs by 2060, up from 5% today. YTD, the uranium spot price has gained 11.24% as global acceptance of nuclear energy increases and positive momentum builds within the uranium industry.
Electric Vehicles and the Growing Opportunity for Lithium Miners
August 23, 2023
Electric Vehicles and the Growing Opportunity for Lithium Miners
Electric vehicle (EV) adoption has surged in recent years, creating unprecedented demand for lithium, a critical component of EV batteries. With lithium demand expected to rise substantially in the years ahead, lithium miners are at the nexus of the global EV transformation.
Podcast: Hello Copper!
April 25, 2023
Podcast: Hello Copper!
Host Ed Coyne and Nick Pickens from Wood Mackenzie discuss the bullish outlook for copper in 2023. Copper is key to electrical power generation and transmission, and sits at the center of the energy trilemma: the challenge of balancing cost, sustainability and security of supply.
How Deglobalization is Changing the Dynamics of Securing Critical Minerals
April 20, 2023
How Deglobalization is Changing the Dynamics of Securing Critical Minerals
Commodity prices weakened in March in reaction to financial system stress and recession fears. As deglobalization accelerates, unfettered access to critical minerals is not likely to last. The old system of free and fair access to commodities, including critical minerals, is moving toward one marked by interregional competition, and unstable availability and pricing. China has moved aggressively to acquire critical minerals in the past 20, but we believe the West has near-unmatched capabilities and is a formidable competitor.
Uranium Proves Resilient in March
April 14, 2023
Uranium Proves Resilient in March
The U3O8 uranium spot price fell slightly in March, from $50.85 to $50.70. YTD through 3/31/2023, uranium has gained 4.93%, demonstrating resilience relative to other commodities (down 6.47% as measured by the BCOM Index). Along with other equities, uranium mining stocks fell in March, victims of the selloff following the U.S.'s biggest banking crisis since 2008. Positive headlines on nuclear power restarts continued in March.
Gold Bulls Run Faster as Fed Tackles Banking Crisis
April 06, 2023
Gold Bulls Run Faster as Fed Tackles Banking Crisis
This year’s top 10 list offers Sprott’s thoughts on what will likely drive markets in the coming year and decade, from a macro perspective and the vantage of our asset classes: Precious Metals and Energy Transition Materials. We believe the global clean energy transition will grow more urgent as energy markets continue re-ordering and energy security becomes synonymous with national security. The signposts point to a commodity-intensive, inflationary and capital-intensive decade where energy transition materials and precious metals will become far more valued than in the prior market regime.
Phone A Friend - How Uranium is Bought and Sold
March 31, 2023
Phone A Friend - How Uranium is Bought and Sold
Treva Klingbiel of TradeTech and Per Jander at WMC Energy join Sprott's Ed Coyne to discuss the inner workings of uranium pricing and contracts, the future of nuclear energy generation capacity and the development of SMRs.
Has the Next Commodities Supercycle Begun?
March 21, 2023
Has the Next Commodities Supercycle Begun?
February saw energy transition materials/critical minerals markets correct, but the secular story remains strong. As the global energy transition "arms race" heats up, the drive to secure supply is fast becoming more important than price. All signs indicate the 40-year bond bull market has likely ended and the next great secular bull market in commodities has begun.
Nickel: A Battery Metal Powering the EV Revolution
March 22, 2023
Nickel: A Battery Metal Powering the EV Revolution
As the world moves towards cleaner forms of energy to achieve net zero emissions targets, the critical minerals and metals needed to reach those goals are stepping into the limelight. Nickel is one of these critical minerals. It is essential for the batteries used in electric vehicles, which are becoming more popular by the day as vehicle manufacturers and consumers embrace the EV revolution and countries add incentives or build in legislation supporting their adoption.
First Gold Dip Since Central Bank Buying Spree
March 06, 2023
First Gold Dip Since Central Bank Buying Spree
This year’s top 10 list offers Sprott’s thoughts on what will likely drive markets in the coming year and decade, from a macro perspective and the vantage of our asset classes: Precious Metals and Energy Transition Materials. We believe the global clean energy transition will grow more urgent as energy markets continue re-ordering and energy security becomes synonymous with national security. The signposts point to a commodity-intensive, inflationary and capital-intensive decade where energy transition materials and precious metals will become far more valued than in the prior market regime.
Uranium‘s Mixed February
March 10, 2023
Uranium‘s Mixed February
Although markets in February saw a reversal of January's positive performance, spot uranium posted a slight gain of 0.20%, outperforming many other asset classes. Uranium miners made headlines with significantly-sized uranium contracts that reflect higher demand for long-term supply commitments. Uranium market fundamentals are the most positive in over a decade and are likely to continue to be the primary performance driver.
Bloor Street Capital Nuclear and Uranium Conference
February 24, 2023
Bloor Street Capital Nuclear and Uranium Conference
John Ciampaglia: “I think it's an interesting time to be investing in uranium — from a fundamental perspective, from an energy policy perspective, from a geopolitical risk perspective….we've experienced a sea change in the level of interest related to uranium, energy transition materials and mining investments.” Bloor Street Capital's Nuclear and Uranium Virtual Conference featured John Ciampaglia, CEO of Sprott Asset Management, and Per Jander, WMC Energy, Director, Nuclear & Renewables.
The Energy Transition Is Here. Is Your Portfolio Ready?
February 21, 2023
The Energy Transition Is Here. Is Your Portfolio Ready?
As the world sets aggressive goals to reduce reliance on fossil fuels and move to cleaner energy sources, critical minerals will be essential. Due to years of underinvestment, we believe demand is likely to outstrip supply for many energy transition materials, including uranium, lithium, copper, nickel and others. The investment opportunities may be powerful.
Critical Materials Start 2023 With a Bang
February 16, 2023
Critical Materials Start 2023 With a Bang
We believe we are in the early stages of an energy transition materials secular bull market and favorable supply-demand dynamics are likely going forward. The upward revision in global growth, the timing effect of the China credit impulse and the surprise ending of China's zero-COVID policy have provided a tailwind for the metals market. For energy transition metals, we see this as a cyclical boost on top of the robust secular demand that is in play.
Uranium's September Setback
October 12, 2022
Uranium's September Setback
September was tough on uranium (both physical and stocks), which was negatively impacted by the month's drawdowns. We believe the uranium bull market remains intact, especially given that many countries are facing energy shortages and rocketing costs. Nuclear energy provides a solution as a reliable, affordable base-load energy source.
Uranium's October Optimism
November 11, 2022
Uranium's October Optimism
The U3O8 uranium spot price climbed 8.32% in October, rising from $48.25 to $52.27 per pound. YTD as of October 31, 2022, the uranium spot price has climbed by 24.12%. We believe the uranium bull market remains intact despite the negative macroeconomic environment. Our outlook is supported by the unprecedented number of announcements for nuclear power plant restarts, life extensions and new builds that are all creating demand for uranium.
Uranium‘s January Jump
February 10, 2023
Uranium‘s January Jump
January was a strong month for uranium markets, with U3O8 uranium spot price posting a 5.05% increase and uranium mining equities gaining 14.65%. Looking ahead, we believe the uranium bull market still has a long way to run. Over the long term, increased demand in the face of an uncertain uranium supply is likely to support a sustained bull market.
Critical Minerals for the Clean Energy Transition
January 24, 2023
Critical Minerals for the Clean Energy Transition
Learn about the critical minerals driving the global energy transition. Investment opportunities presented by the clean energy transition will likely center around the critical minerals that are vital to powering the planet through low-carbon energy sources and revolutionizing the transportation sector through the electrification of the world’s vehicle fleet. Sprott Energy Transition ETFs are designed to give investors access.
Fireside Chat: Investing in the Critical Minerals Driving the Energy Transition
January 20, 2023
Fireside Chat: Investing in the Critical Minerals Driving the Energy Transition
A global clean energy transition is underway. Significant investment in energy infrastructure will be required over the coming decades as we evolve how we generate, transmit and store energy. Critical minerals will be essential. We believe investing in the mining companies that produce critical minerals may offer attractive investment opportunities.
Sprott's 2023 Top 10 Watch List
January 09, 2023
Sprott's 2023 Top 10 Watch List
This year’s top 10 list offers Sprott’s thoughts on what will likely drive markets in the coming year and decade, from a macro perspective and the vantage of our asset classes: Precious Metals and Energy Transition Materials. We believe the global clean energy transition will grow more urgent as energy markets continue re-ordering and energy security becomes synonymous with national security. The signposts point to a commodity-intensive, inflationary and capital-intensive decade where energy transition materials and precious metals will become far more valued than in the prior market regime.
2023 Uranium Outlook: Is Nuclear Power Out of the Penalty Box?
January 11, 2023
2023 Uranium Outlook: Is Nuclear Power Out of the Penalty Box?
Per Jander of WMC Energy and John Ciampaglia, CEO of Sprott Asset Management talk with Sprott’s Ed Coyne about what may be ahead for uranium in 2023, the resurgence in nuclear power interest as energy security concerns become top of mind, and what’s happening in uranium conversion and enrichment.
Key Trends for 2023 and December Recap
January 17, 2023
Key Trends for 2023 and December Recap
Three key themes for uranium markets in 2023: 1) increased emphasis on energy security worldwide; 2) higher conversion/enrichment prices may boost spot uranium prices; and 3) the global energy transition supports the case for nuclear power. Uranium's performance was notably strong in 2022, despite the overall bear market.
The Optimistic News Continues
December 08, 2022
The Optimistic News Continues
The uranium markets did not perform as well as other sectors in November, despite having posted relatively strong performance throughout 2022. While the price of U3O8 uranium has lagged since May 2022, conversion and enriched uranium prices have significantly appreciated. We believe that current demand, coupled with a shift away from Russian suppliers, is likely to support a higher U3O8 uranium spot price.
Uranium Born of the Stars
October 12, 2022
Uranium Born of the Stars
September was tough on uranium (both physical and stocks), which was negatively impacted by the month's drawdowns. We believe the uranium bull market remains intact, especially given that many countries are facing energy shortages and rocketing costs. Nuclear energy provides a solution as a reliable, affordable base-load energy source.
Gold: A True Store of Value
March 16, 2022
Gold: A True Store of Value
Throughout history, gold has played a prominent role in the advancement of human civilization. Seen as a representation of the sun, of the gods and of true value, gold is a form of real money without counterparty risks. Symbol Au, atomic number 79, gold has been used to adorn the tombs of the great pharaohs and to help power spacecrafts that extend the horizons of humanity’s domain. Learn about gold’s culture, uses and history.
Key Facts about Spent Nuclear Fuel
June 29, 2023
Key Facts about Spent Nuclear Fuel
Chemical reactions of fossil-fuel plants release more radiation into the environment than the operation of nuclear energy plants — 10 times more. Most nuclear-industry waste is relatively low in radioactivity, and only a small amount is produced. Estimates put the total waste from a nuclear reactor supplying one person's electricity needs for a year at the size of a standard brick.
Why Nuclear Power Plant Life Extensions & Uprates Matter
January 07, 2022
Why Nuclear Power Plant Life Extensions & Uprates Matter
Research and development on small modular nuclear reactors (SMRs) are underway globally and generating tremendous buzz. But SMRs are not likely to contribute meaningful amounts of carbon-free power for another decade. By contrast, nuclear power plant life extensions and uprates hold the power to boost carbon-free electricity production in the interim and provide a bridge to a future date when new SMR technologies will be commercially available.
Uranium & Nuclear Power Play a Critical Role in the U.S.
November 15, 2021
Uranium & Nuclear Power Play a Critical Role in the U.S.
Nuclear power generates more than 50% of the carbon-free electricity in the U.S. while meeting 20% of the country's electricity demand. As the country and the world take steps to tackle greenhouse gas emissions, we believe that uranium and nuclear power will be critical to the solution.
Gold Is on the Rise and Reaches All-Time High
April 02, 2024
Gold Is on the Rise and Reaches All-Time High
Gold reached an all-time closing high and is up 8.09% YTD (as of 3/31/2024) after rising 13.10% in 2023. We believe several fundamental factors are in place for gold to move higher, in particular, strong central bank buying. We also see three drivers for a higher silver price: 1) silver tracks rising gold due to central bank buying, 2) reflation trade and 3) increased solar panel demand.
Fourth Industrial Revolution Fuels Global Competition for Critical Minerals
July 12, 2024
Fourth Industrial Revolution Fuels Global Competition for Critical Minerals
The world is in the midst of a fourth industrial revolution (4IR) as technological developments like artificial intelligence (AI), robotics, IoT, genetic engineering and quantum computing bring about an unprecedented integration of the digital, physical and biological realms. Electrification and energy are pivotal to advancing 4IR technologies, and the resulting demand pressures on critical minerals like copper, lithium and uranium are supporting a new commodity supercycle.

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Please Note: The term “pure-play” relates directly to the exposure that the Funds have to the total universe of investable, publicly listed securities in the investment strategy.

Important Disclosures

The Sprott Funds Trust is made up of the following ETFs (“Funds”): Sprott Gold Miners ETF (SGDM), Sprott Junior Gold Miners ETF (SGDJ), Sprott Energy Transition Materials ETF (SETM), Sprott Uranium Miners ETF (URNM), Sprott Junior Uranium Miners ETF (URNJ), Sprott Copper Miners ETF (COPP), Sprott Junior Copper Miners ETF (COPJ), Sprott Lithium Miners ETF (LITP) and Sprott Nickel Miners ETF (NIKL). Before investing, you should consider each Fund’s investment objectives, risks, charges and expenses. Each Fund’s prospectus contains this and other information about the Fund and should be read carefully before investing.

This material must be preceded or accompanied by a prospectus. A prospectus can be obtained by calling 888.622.1813 or by clicking these links: Sprott Gold Miners ETF Prospectus, Sprott Junior Gold Miners ETF Prospectus, Sprott Energy Transition Materials ETF Prospectus, Sprott Uranium Miners ETF Prospectus, Sprott Junior Uranium Miners ETF Prospectus, Sprott Copper Miners ETF Prospectus, Sprott Junior Copper Miners ETF Prospectus, Sprott Lithium Miners ETF Prospectus, and Sprott Nickel Miners ETF Prospectus.

The Funds are not suitable for all investors. There are risks involved with investing in ETFs, including the loss of money. The Funds are non-diversified and can invest a greater portion of assets in securities of individual issuers than a diversified fund. As a result, changes in the market value of a single investment could cause greater fluctuations in share price than would occur in a diversified fund.

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ALPS Distributors, Inc. is not affiliated with Sprott Asset Management LP.

 

 

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