The decisive role of nuclear energy

Experts therefore expect demand for uranium to rise while supply dwindles. Higher prices are likely to be the result. While uranium demand rose by five percent in 2019, it is generally expected to grow by around ten percent in the coming years. Especially now, when energy prices are rising, and the implementation of climate protection targets is imminent, nuclear energy is once again coming into focus. Among the EU states there are proponents such as France and Italy are considering a return to nuclear energy. Japan’s government is also sticking to nuclear power ten years after the Fukushima disaster. It wants 20 percent of its energy to come from reactors by 2030. They will play a role in the decarbonisation targets as the cleanest and most powerful energy sources.

Uranium was first discovered in the Canadian Prairies in 1934. The first significant discovery of uranium occurred in 1968 at Rabbit Lake in the Athabasca Basin. In 2019, this Saskatchewan basin yielded 13.2 per cent of the world’s uranium, at grades 10 to 20 times higher than other uranium discoveries. Beneath a sandstone layer of 100 to 1,000 metres are the high-grade uranium deposits. Here in the Athabasca Basin, IsoEnergy – https://www.youtube.com/watch?v=gn9fk-ARE8A -, among others, is represented with its properties. These include the prospective Laroque East property, which is 100 percent owned and covers an area of over 16,000 hectares.

The move away from fossil fuels calls for other sources of energy. Nuclear power should make for a bullish uranium market. Finding new properties and opening new uranium mines takes a lot of time. Things are looking better for Uranium Energy – https://www.youtube.com/watch?v=ZMT6gNJXDz4 . The company has environmentally friendly uranium projects, some of which have been approved, meaning they are ready to go. These are located in South Texas and Wyoming.

Current company information and press releases from Uranium Energy (- https://www.resource-capital.ch/en/companies/uranium-energy-corp/ -) and IsoEnergy (- https://www.resource-capital.ch/en/companies/iso-energy-ltd/ -).

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