The new nuclear age
(PresseBox) - .
Uranium is a controversial commodity, but urgently needed and an opportunity for investors.
Now that Russia is no longer a uranium supplier the world can rely on, the raw material has become even scarcer. And this now, when the long downturn of the uranium market is over. A strong uranium price is supported by the fact that demand is hitting a market that has been neglected for years. Uranium mines were partially closed, and development projects lay idle. But the number of nuclear power plants around the world is growing significantly, resulting in significant uranium demand. Uranium prices should therefore continue to rise.
The importance of nuclear energy in the energy mix and in terms of reducing CO2 emissions has been recognized, for example, by the Netherlands. The operating life of one remaining power plant is being extended again. Two new nuclear power plants are also to be built, so that nine to 13 percent of the electricity mix will then come from nuclear energy. In the U.S., nearly half of uranium demand in 2021 came from Russia and Kazakhstan.
With the reversal of globalization into deglobalization, it is not only the U.S. that is striving to meet demand at home. And the newer generation reactors will become safer and more efficient and produce less nuclear waste. Not least because other coolants, rather than water, will be used for cooling. Since the uranium market is a small one, there are few uranium stocks for investors. However, the prices of the uranium companies can score points for this with more movement.
For example, Latitude Uranium (formerly known as Labrador Uranium) - https://www.commodity-tv.com/ondemand/companies/profil/labrador-uranium-inc/ - is well positioned in the uranium sector. The company's uranium projects are located in Labrador and Nunavut, two excellent uranium areas.
Uranium Energy - https://www.commodity-tv.com/ondemand/companies/profil/uranium-energy-corp/ - can score points with projects in the USA and Canada, some of which are already operational. Particular focus is on low-cost, environmentally friendly in-situ recovery projects. Uranium Energy is also well financed and has a stake in the only royalty company in the uranium sector.
Current corporate information and press releases from Uranium Energy (- https://www.resource-capital.ch/en/companies/uranium-energy-corp/ -) and Latitude Uranium (- https://www.resource-capital.ch/en/companies/latitude-uranium-inc/ -).
In accordance with §34 WpHG I would like to point out that partners, authors and employees may hold shares in the respective companies addressed and thus a possible conflict of interest exists. No guarantee for the translation into English. Only the German version of this news is valid.
Disclaimer: The information provided does not represent any form of recommendation or advice. Express reference is made to the risks in securities trading. No liability can be accepted for any damage arising from the use of this blog. I would like to point out that shares and especially warrant investments are always associated with risk. The total loss of the invested capital cannot be excluded. All information and sources are carefully researched. However, no guarantee is given for the correctness of all contents. Despite the greatest care, I expressly reserve the right to make errors, especially with regard to figures and prices. The information contained herein is taken from sources believed to be reliable, but in no way claims to be accurate or complete. Due to court decisions, the contents of linked external sites are also co-responsible (e.g. Landgericht Hamburg, in the decision of 12.05.1998 - 312 O 85/98), as long as there is no explicit dissociation from them. Despite careful control of the content, I do not assume liability for the content of linked external pages. The respective operators are exclusively responsible for their content. The disclaimer of Swiss Resource Capital AG also applies: https://www.resource-capital.ch/en/disclaimer/
Unternehmensinformation / Kurzprofil:
Datum: 30.06.2023 - 07:01 Uhr
Sprache: Deutsch
News-ID 686697
Anzahl Zeichen: 4559
contact information:
Contact person: Jörg Schulte
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Phone: +49 (2983) 974041
Kategorie:
Financial Services & Insurance
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"The new nuclear age"
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