Platinum and uranium are important raw materials in the energy sector
Now that uranium has been declared sustainable and uranium is back in the spotlight in the face of looming energy shortages, investors should not disregard this raw material. In the case of electric mobility with power supply, uranium is important as a feedstock for nuclear power plants. This is because worldwide electricity generation is likely to continue to be powered to a certain extent by nuclear energy for a long time to come. When it comes to climate change, nuclear energy scores highly, and the fact that it has regained its reputation can also be seen from the way the price of uranium has developed in recent times. Platinum is not important on the production side, but more in the use of energy. Platinum is the raw material in fuel cell technology. Platinum is in the fuel cells and also in the catalysts. Even though hydrogen fuel cell development is slow, some things are already on the road on land or water with hydrogen propulsion, for example hydrogen buses. At some point, the era of combustion engines will come to an end. Electromobility needs raw materials such as lithium, cobalt and copper, to name just a few examples.
Investors who believe in nuclear energy and hydrogen technology should take a closer look at Consolidated Uranium or Labrador Uranium as possible portfolio additions.
Consolidated Uranium – https://www.youtube.com/watch?v=8eKvEdnKTLU – owns uranium projects in Canada, Argentina, Australia and the USA. Through a partnership with Energy Fuels, uranium and vanadium mines in Utah and Colorado are added.
Labrador Uranium – https://www.youtube.com/watch?v=OP9lsX7koDA – is exploring uranium projects in Labrador, Canada. Nearly 140,000 hectares of prospective uranium land are in focus.
Current corporate information and press releases from Consolidated Uranium (- https://www.resource-capital.ch/en/companies/consolidated-uranium-inc/ -) and Labrador Uranium (- https://www.resource-capital.ch/en/companies/labrador-uranium-inc/ -).
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