10 Best Uranium Stocks to Invest in Now

4. BHP Group Limited (NYSE:BHP)

Number of Hedge Fund Holders: 22

BHP Group Limited (NYSE:BHP) is a global leader in the mining sector and owns a diverse portfolio of high-quality assets across various commodities. The company has a significant presence in uranium exploration and resource development, particularly in Australia, which is home to some of the world’s largest uranium deposits.

BHP Group Limited (NYSE:BHP) is actively evaluating potential uranium projects and partnerships to enhance its position in the uranium market. The company’s strategic approach involves leveraging its existing infrastructure and operational capabilities to ensure that any new uranium projects are both economically viable and environmentally sustainable. BHP Group Limited (NYSE:BHP) has been involved in the exploration of the Olympic Dam deposit in South Australia, which is one of the world’s largest known uranium resources. While the primary focus at Olympic Dam is copper, gold, and silver, the potential for uranium extraction also presents a significant long-term opportunity.

BHP Group Limited (NYSE:BHP) is committed to sustainable and responsible mining practices, which is particularly important in the uranium sector due to the environmental and safety concerns associated with uranium mining and processing. The company has implemented rigorous safety protocols and environmental management systems to ensure that its operations are conducted in a manner that minimizes environmental impact and maximizes social benefits.