Uranium– The winning commodity
(PresseBox) - The number of nuclear power plants is increasing because without them and without uranium, the energy transition cannot succeed.
Uranium is in demand like never before, leading to significant deals in the uranium market. For example, NexGen Energy has purchased 2.7 million pounds of uranium at a price of over $92 per pound. The Paris Climate Agreement, the United States' liberation from dependence on Russia for uranium, and a persistent uranium deficit all point towards higher uranium prices. The uranium deficit, in particular, could significantly increase, driving up the cost of uranium. By early 2028, no uranium is expected to be imported from Russia. The revival of nuclear power plants demonstrates the urgent reliance on nuclear power.
Because wind and solar energy alone cannot sufficiently reduce CO2 emissions, no country wants to face an energy crisis. Electricity prices are generally high, and nuclear power plants could help lower them. Despite taking a unique path regarding uranium in this country, acceptance of this clean energy source has significantly increased. In fact, it's becoming a necessity to achieve climate goals. Uranium is booming in both emerging and industrialized countries. China, India, France, Japan, and many other nations are planning and constructing new power plants.
Experts in the uranium industry are already predicting prices of up to $200 per pound of uranium. It's evident that this will greatly benefit uranium companies, not only the industry giants but also smaller or lesser-known uranium companies with promising projects. Investors should consider companies like IsoEnergy or Cosa Resources.
IsoEnergy - https://www.commodity-tv.com/ondemand/companies/profil/isoenergy-ltd/ - owns uranium projects in the Athabasca Basin in Saskatchewan, as well as in the United States.
Cosa Resources - https://www.commodity-tv.com/ondemand/companies/profil/cosa-resources-corp/ - is also present in the Athabasca Basin.
For current company information and press releases from Cosa Resources (- https://www.resource-capital.ch/en/companies/cosa-resources-corp/ -) and IsoEnergy (- https://www.resource-capital.ch/en/companies/iso-energy-ltd/ -).
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Unternehmensinformation / Kurzprofil:
Datum: 24.05.2024 - 10:30 Uhr
Sprache: Deutsch
News-ID 706009
Anzahl Zeichen: 3917
contact information:
Contact person: Jörg Schulte
Town:
Herisau
Phone: +49 (2983) 974041
Kategorie:
Financial Services & Insurance
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"Uranium– The winning commodity"
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