Uranium price will collapse with the rise of 4th gen nuclear power plants, which is meant to reduce waste and use it back to power the fission, making it dirt cheap since it's reusable and abundant
Note that this is an investment in companies at various stages of the nuclear pipeline, not directly a bet on uranium prices.
A company that mines uranium will probably do well if the price goes up, but not if the price goes up because their mine closed or got blocked for geopolitical reasons. A company that produces reactor components should tend to do worse if uranium prices rise, but in practice the demand for new reactors is driven by other factors.
If you want exposure to the price of uranium, you would do better with the Sprott Physical Uranium Trust [0]. The CME also lists uranium futures [1], but they don't seem to trade.
Is there an easy way for a casual investor to do this?