Uranium, a precious resource fueling nuclear reactors, plays a crucial role in providing non-carbon electricity. With growing political pressure to shift away from fossil fuels, nuclear energy is seen as a proven alternative. This has led to a surge in uranium's demand and price, resulting in the Uranium Miners ETF ($URNM) gaining popularity as it offers exposure to uranium miners and physical uranium through the North Shore Global Uranium Mining Index ($URNMX).

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