Climate change affects the energy and food sectors
Rising temperatures and increased dry spells are threatening harvests / Potash helps and is also of interest to investors
(PresseBox) - Potassium is a nutrient that regulates the transpiration flow and thus the water uptake of plants. It therefore plays a major role in the plants' water balance and potassium improves evaporation protection. It also increases frost tolerance. Canada has the largest potash deposits and the largest production volume, followed by Belarus and Russia. However, Russian exports are subject to restrictions and there are sanctions against Belarus. In Europe, Spain and Germany in particular have potash reserves. In South America, Brazil has to buy in very large quantities of potash. Fertilizer use is increasing there as acreage expands. Indonesia, India, Malaysia, Vietnam and Thailand are also major consumers.
Millennial Potash - https://www.commodity-tv.com/ondemand/companies/profil/millennial-potash-corp/ - is pursuing a promising potash project in Gabon, Africa, with a positive pre-feasibility study already available. As the world's population continues to grow and global warming is not yet averted, the importance of high-quality fertilizers such as potash will increase.
In order to counteract climate change in the long term, the fight against fossil fuels is being declared. Many things are already on the right track, such as electromobility and renewable energies. This includes nuclear power, as the switch to environmentally friendly energy generation cannot work without it. Germany's special path does nothing to change this. Nuclear power plants are increasing in number worldwide and ensure lower CO2 emissions. Increasing quantities of uranium are needed to continue on this path. The uranium companies make sure of this.
However, if investors do not want to bet on a single company, there is still the possibility of participating in the increasing uranium consumption and the rising uranium price with Uranium Royalty - https://www.commodity-tv.com/play/uranium-market-update-and-latest-developments-at-uranium-royalty/ -, the only royalty company in the uranium sector. Uranium Royalty owns royalties and uranium interests as well as a physical uranium property.
Current company information and press releases from Uranium Royalty (- https://www.resource-capital.ch/de/unternehmen/uranium-royalty-corp/ -) and Millennial Potash (- https://www.resource-capital.ch/de/unternehmen/millennial-potash-corp/ -).
In accordance with §34 WpHG, I would like to point out that partners, authors and employees may hold shares in the companies mentioned and that there is therefore a possible conflict of interest. No guarantee for the translation into German. Only the English version of this news is valid.
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Unternehmensinformation / Kurzprofil:
Datum: 09.08.2024 - 10:41 Uhr
Sprache: Deutsch
News-ID 709807
Anzahl Zeichen: 4561
contact information:
Contact person: Jörg Schulte
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Kategorie:
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