Bill Gates cares about climate targets
When it comes to the energy turnaround, the all-knowing Bill Gates is backing new nuclear power plants. The world's population produces around 51 billion tons of greenhouse gases per year. By 2050, Gates says, emissions must be reduced to zero.
Gates, a fan of innovation and the latest technology, describes areas ranging from power generation to agriculture in the book. According to Gates, energy research is still in its infancy, so to speak, and too little is being invested to achieve a technological leap. For example, the Microsoft founder is promoting plans for new nuclear power plants.
But nuclear power plants cannot operate without uranium. The uranium comes mainly from Kazakhstan, Canada, Australia and Namibia. Uranium companies are exposed to a higher political risk than other mining companies. This is because the degree of control is higher. Like all other commodity companies, the uranium industry is dependent on commodity prices, in this case uranium prices.
But achieving climate targets will not work without uranium, and so the number of reactors is increasing worldwide. A positive factor for a uranium company is a diverse portfolio or projects in several jurisdictions.
Uranium Energy - https://www.youtube.com/watch?v=ZdchvJMUXZc, for example, can score points here. The company is ready to supply the USA with uranium. A ready-to-go processing plant and five ISR projects in Texas ensure this.
International Consolidated Uranium - https://www.youtube.com/watch?v=UXfEnIBz_PE - not only owns several high-grade gold projects in solid mining districts but has acquired several uranium projects as a second leg of its business. The most recent acquisition was the Dieter Lake uranium deposit (8,105 hectares) in Quebec, Canada, in January.
Current corporate information and press releases from Uranium Energy (https://www.resource-capital.ch/en/companies/uranium-energy-corp/).
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