Since 2012, the uranium price has not reached the level of 50 US dollars per pound. The price even plunged to $ 18. No wonder that moping was the order of the day and that even the leading producers of the energy source put capacities and subsidies on hold. But meanwhile the uranium price has not only stabilized, but has also been able to climb out of its valley. Nevertheless, a price of around 30 dollars is still far from sufficient to thaw the frozen capacities of the producers again.
Even industry giants like Cameco need a significantly higher price to expand their production again. 50 US dollars per pound should be the lower limit for the price. No wonder that the voices of analysts are getting louder, who believe that the uranium price has upside potential. After all, the demand from the ranks of the electricity suppliers operating nuclear power plants is increasing. For example, analysts at investment house Raymond James expect the uranium price to rise to US $ 42.50 in 2021. For 2022 they estimate as much as 45 US dollars.
It is estimated that the uranium price should not stop at 45 US dollars. Because most of the new production capacities and closed subsidies are only likely to be of interest to producers for commissioning beyond the $ 50 mark. But there are also a few advancing uranium companies that have promising projects that seem interesting even below a uranium price of 50 US dollars. This also includes Uranium Energy and IsoEnergy.
Uranium Energy – https://www.youtube.com/watch?v=SVhwpNfJc-0&t=158s – With the largest US resource base in terms of approved uranium projects, it is ideally positioned to play an important role in the renaissance of US uranium mining.
IsoEnergy – https://www.youtube.com/watch?v=zs1nI9kKmmI&t=201s – Owns several uranium projects in the Athabasca Basin in Saskatchewan. Favorable mining costs and high-grade zones in IsoEnergy’s properties speak for themselves
Current company information and press releases from Uranium Energy (- https://www.resource-capital.ch/de/unternehmen/uranium-energy-corp/ -) and IsoEnergy (- https://www.resource-capital.ch/de/unternehmen/iso-energy-ltd/ -).
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