
ETF watch: VanEck boards uranium’s growth train

VanEck is capitalising on the booming demand for uranium with plans to launch a uranium exchange-traded fund (ETF) on the ASX on 30 October, making it the issuer’s 47th ETF to list on the ASX. Dubbed the VanEck Uranium and Energy Innovation ETF (ASX: URAN), the ETF will provide investors with targeted exposure to global companies across the uranium and nuclear energy value chain. What’s clearly attracted VanEck to the underlying narrative around uranium are clear signals that the soft yellow commodity is in the early phases of a global nuclear power renaissance. “Major governments have committed to ramping up nuclear power capacity and utilisation, recognising the vital role it can play as part of a resilient, low-carbon energy mix," said the company’s Asia Pacific CEO Arian Neiron. Neiron also reminded investors that the structural growth opportunity underpinning uranium spans the entire value chain, from the miners and reactor developers through to the enrichment plants and engineers. "URAN is designed to give investors targeted, rules-based access to this high-growth segment, which is under-represented in most benchmarks," Neiron said. While Neiron expects a long runway for the nuclear ecosystem as more countr






