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Climate targets in focus

Wind and sun alone are not enough to produce enough electricity for everyone in an environmentally friendly way

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According to calculations by McKinsey & Co., global electricity consumption will double by 2050. This is due in particular to demand from the transport sector and also the electricity requirements of buildings. Immense investments are needed to drive forward the planned decarbonization. According to McKinsey, this will amount to around 50 trillion US dollars over the next 30 years.

Wind and sun as energy sources are unpredictable candidates. In order to regulate their own ups and downs, electricity storage is necessary, which makes the whole thing significantly more expensive again. Regularity and precise predictability, on the other hand, are offered by electricity generation from nuclear power plants and are environmentally friendly. For example, the group Climate Scientists for Nuclear advocates nuclear power to reduce CO2. And, while not in Germany, the construction and planning of new nuclear power plants is underway around the globe.

The nuclear power plants need uranium. And uranium, along with gold, was one of the raw materials with a very good price development. Uranium Energy - https://www.youtube.com/watch?v=h8Qu1EGWgIE -, for example, has this in its projects. Located in Texas and in Wyoming, several plants are already licensed and ready for operation.

When it comes to storing electricity, battery metals are important. These include cobalt and lithium, for example, and the quality of the raw materials is also important. Millennial Lithium - https://www.youtube.com/watch?v=h8Qu1EGWgIE - has lithium of the best battery quality in its lithium projects in Argentina. At the Pastos Grandes project, the lithium carbonate pilot plant is currently being commissioned.

Current corporate information and press releases from Uranium Energy (https://www.resource-capital.ch/en/companies/uranium-energy-corp/) and Millennial Lithium (https://www.resource-capital.ch/en/companies/millennial-lithium-corp/).

In accordance with §34 WpHG I would like to point out that partners, authors and employees may hold shares in the respective companies addressed and thus a possible conflict of interest exists. No guarantee for the translation into English. Only the German version of this news is valid.

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 accepted for any damage arising from the use of this blog. I would like to point out that shares and especially warrant investments are always associated with risk. The total loss of the invested capital cannot be excluded. All information and sources are carefully researched. However, no guarantee is given for the correctness of all contents. Despite the greatest care, I expressly reserve the right to make errors, especially with regard to figures and prices. The information contained herein is taken from sources believed to be reliable, but in no way claims to be accurate or complete. Due to court decisions, the contents of linked external sites are also co-responsible (e.g. Landgericht Hamburg, in the decision of 12.05.1998 - 312 O 85/98), as long as there is no explicit dissociation from them. Despite careful control of the content, I do not assume liability for the content of linked external pages. The respective operators are exclusively responsible for their content. The disclaimer of Swiss Resource Capital AG also
applies: https://www.resource-capital.ch/en/disclaimer

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Swiss Resource Capital AG will use the information you provide in this form to keep in touch with you and to provide you with updates and marketing information. To receive our news, you still have to give us permission to send you E-Mails below.

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