🟢 Uranium and Nuclear Technologies ETF (NUCG.L) is trading 3.95% up after Kazatomprom delay

NUCG.L is trading £40.57 (+3.95%) on uranium supply scarcity as uranium prices approached $96 per pound.

• On September 3, 2026, the ETF tracked a broad uranium-sector rally.
• Kazatomprom’s delayed commissioning of its TQZ sulphuric-acid plant may restrict future Kazakh production; the schedule moved from the first quarter of 2027 to between the third quarter of 2027 and first quarter of 2028.
• The move appeared sector-specific: uranium-related ETFs advanced, while Middle East tensions and firmer energy markets likely reinforced commodity and nuclear-energy risk appetite.