EPISODE 17: Anthony Milewski and Christian Purefoy chat to Dev Randhawa, CEO and Chairman of F3 Uranium, and Ross McElroy, Strategic Advisor. F3 has assembled the team responsible for 4 major uranium discoveries in the Athabasca Basin, including 2 in the last 3 years.
Dev and Ross are “live” from the World Nuclear Symposium 2026 in London.
Uranium is trading near a six‑month high of around $90 per pound as supply risks collide with accelerating nuclear demand. Delays at Kazatomprom’s new sulphuric acid plant are constraining future output from the world’s largest producer, just as governments and utilities ramp up reactor life extensions, new‑build plans and fuel contracting to meet electrification and AI data‑centre‑driven power needs.
At the same time, long‑term contracts are tightening uncovered utility requirements into the 2030s, reinforcing the sense that the market is shifting from a one‑off price spike to a structurally tighter “second nuclear age.”
“We’ve hit an all-time high now on long-term uranium contracts. We’ve beaten the record prices from 2007-8” — Dev Randhawa, CEO and Chairman, F3 Uranium
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