Renaud Saleur bets on copper, cables, and uranium for electrification megatrend

4 articles · Updated · MarketWatch · Apr 29

Saleur, CEO of Geneva-based Anaconda Invest, forecasts uranium at $200 per pound by 2027 and expects global electricity demand to rise by 18,000 TWh by 2040.
He invests in metals, miners, and oil services, citing India’s surging energy needs and a global uranium shortage of 30,000 tons yearly. His funds have posted strong returns since their respective launches.
Saleur believes electrification will outpace AI as an investment theme, with copper and cables critical for grid expansion, and oil services benefiting from supply constraints and Middle East repairs.

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