Markets

Uranium demand rises – Columns – PERSONAL-FINANCIAL.COM

The demand for uranium is growing faster than the supply of uranium. Ambitious emission reduction targets in many countries need nuclear energy.

The countries’ ambitious climate targets have practically revived uranium. New nuclear reactors are being built around the world, even if there were delays due to the pandemic last year, the industry will be stepping on the gas this year. The existing and the new nuclear power plants need uranium. Uranium production must increase.

Uranium demand is expected to increase by 25 percent by 2025. This comes primarily from the growing nuclear power industry in Asia. The prices for one pound of uranium are still below 50 US dollars (currently 29.40 US dollars per pound of uranium), so the ambitions of uranium producers and companies are not that high.

But it is precisely in this environment that certain companies could have the opportunity to play a significant role in the uranium market. Uranium Energy – https://www.youtube.com/watch?v=p-mBSPvJa2c – for example owns uranium properties ready for production, which can produce at any time if the uranium price is right. Uranium Energy is ready to contribute to uranium supplies in Texas and Wyoming. Especially in the USA, where the importance of domestic uranium production has been recognized and is being promoted.

Not only do the large nuclear power plants need uranium, small reactors are becoming increasingly established that produce clean electricity in the same way as their big sisters. Their smaller size makes them easier to integrate at required locations.

Another uranium company with promising projects, this time in the Athabasca Basin in Saskatchewan IsoEnergy – https://www.youtube.com/watch?v=zs1nI9kKmmI -. The area is famous for its high-quality uranium deposits and, along with Kazakhstan, is one of the most important uranium regions.

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/ -).

In accordance with Section 34 of the WpHG, I would like to point out that partners, authors and employees can hold shares in the respective companies addressed and that there is therefore 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 contained here comes from sources that are believed to be reliable, but do not claim to be correct or complete. Due to court judgments, the content of linked external pages is jointly responsible (for example, 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/

Note:
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 recognizably posted by third parties in the “News” area of ​​this website and does not adopt it as its own. This content can be identified in particular by a corresponding “from” label below the article heading and / or by the link “To read the full article, please click here.”; The named third party is solely responsible for this content.

Tags

Related Articles

Back to top button
Close
Close