Energy security needs uranium

In the coming years, an estimated 60 new nuclear power plants will begin operation and require additional uranium. Approximately 180 million pounds of uranium are needed by the reactors currently in operation, and the trend is rising. A shortfall is inevitable. That’s where new uranium mines are needed. Because of the increased costs, a pound of uranium would have to cost between $75 and $100, according to estimates, whereas it now costs just under $52 per pound. In the U.S., Uranium Energy is a major growing uranium company. The company just delivered uranium concentrates as part of a collaboration with the U.S. Department of Energy. That’s because Uranium Energy – https://www.commodity-tv.com/play/mining-newsflash-with-uranium-energy-revival-gold-condor-gold-fury-gold-calibre-mining/ – owns environmentally friendly and low-cost uranium projects in the U.S., some of which have already been approved. In addition, there is a large physical uranium stockpile as well as participation in Uranium Royalty – https://www.commodity-tv.com/play/uranium-royalty-royalties-at-cameco-restarting-production-demand-pressure-on-uranium-price-ahead/ -, the only uranium royalty company. A famous uranium area is the Athabasca Basin in Saskatchewan. There, for example, IsoEnergy is working on promising and high-grade uranium projects.

Current company information and press releases from Uranium Energy (https://www.resource-capital.ch/de/unternehmen/uranium-energy-corp/).

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