According to calculations by McKinsey & Co., global electricity consumption will double by 2050. The demand from the transport sector and also the electricity requirements of buildings are responsible for this. Huge investments are needed to drive the planned decarbonization. According to McKinsey, it should be around 50 trillion US dollars in the next 30 years.
Wind and sun as energy sources are unpredictable and unpredictable candidates. In order to regulate their own ups and downs, electricity storage is necessary, which again makes the whole thing significantly more expensive. On the other hand, electricity generation from nuclear power plants offers regularity and precise predictability and is environmentally friendly. For example, the Climate Scientists for Nuclear group advocates nuclear energy to reduce CO2. And, even if not in Germany, the construction and planning of new nuclear power plants is in progress around the world.
The nuclear power plants need uranium. And besides gold, uranium was one of the raw materials with a very good price development. This has for example Uranium Energy – https://www.youtube.com/watch?v=p-mBSPvJa2c – in his projects. Located in Texas and Wyoming, several plants are already licensed and operational.
When it comes to storing electricity, battery metals are important. These include cobalt and lithium, for example, whereby the quality of the raw materials is also important. Lithium in the best battery quality Millennial lithium – https://www.youtube.com/watch?v=5lyDd4I_tWQ&t=73s – in its lithium projects in Argentina. In the Pastos Grandes project, the lithium carbonate pilot plant is currently being commissioned.
Current company information and press releases from Uranium Energy (- https://www.resource-capital.ch/de/unternehmen/uranium-energy-corp/ -) and Millennial Lithium (- https://www.resource-capital.ch/de/unternehmen/millennial-lithium-corp/ -).
In accordance with Section 34 of the WpHG, I would like to point out that partners, authors and employees can hold shares in the companies addressed and that there is thus a possible conflict of interest. No guarantee for the translation into German. Only the English version of these messages applies.
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 assumed for damage caused by using this blog. I would like to point out that stocks and especially warrant investments are generally associated with risk. The total loss of the capital employed cannot be ruled out. All information and sources are carefully researched. However, no guarantee is given for the correctness of any content. Despite the greatest care, I expressly reserve the right to make errors, particularly with regard to figures and rates. The information it contains comes from sources that are believed to be reliable, but in no way claims to be correct or complete. Due to court judgments, the content of linked external pages is jointly responsible (e.g. Hamburg Regional Court, in the judgment of May 12, 1998 – 312 O 85/98), as long as no express distancing is made. Despite careful control of the content, I assume no liability for the content of linked external sites. The respective operators are solely responsible for their content. The disclaimer of Swiss Resource Personal-Financial.com AG also applies: https://www.resource-capital.ch/de/disclaimer-agb/
PERSONAL-FINANCIAL.COM publishes analyzes, columns and news from various sources in this section.
PERSONAL-FINANCIAL.COM AG is not responsible for content that is recognizable by third parties in the “News” area
This website has been discontinued and does not adopt it as its own. These contents are in particular through
a corresponding “from” mark below the article heading and / or through the link
“To read the full article, please click here.” responsible for
this content is solely the named third party.