Energy needs the country
The electricity market is in upheaval, also in Europe. CO2 emissions to be brought down
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E-mobility is picking up speed and electric heating energy is being expanded. Nevertheless, various countries still lack a sufficient and stable energy supply. Even if nuclear power plants are not very popular with everyone, the uranium required for them is likely to be one of the most sought-after raw materials in the near future. That's the view of well-known commodities expert Rick Rule, director and former CEO of Sprott Inc, for example, who says demand for commodities, and uranium in particular, is rising, especially in the coming phase of economic recovery. "If you're interested in zero-carbon, zero-emissions energy, uranium is the name of the game," says Rick Rule.
And he is by no means alone in this opinion. The uranium market, according to many experts in the uranium industry, is in a deficit. Even if it is not yet so, this will be reflected in a rising price. Currently, most nuclear power plants are located in the U.S., France and China. With 96 reactors, the U.S. is in the lead, and it produces about 20 percent of the electricity. New ones are being built busily in most industrialized countries around the world, such as China, Russia and India.
Perhaps the plans of Bill Gates (Microsoft founder) and his company TerraPower can convince the investors less inclined to uranium. After all, his ideas to produce many small nuclear power plants for the whole world now seem to be taking shape. Either way, betting on uranium as a promising commodity could be very rewarding for investors.
Therefore, one should look at companies with uranium, such as Uranium Energy or IsoEnergy.
Specialized in ISR uranium projects, Uranium Energy - https://www.youtube.com/watch?v=xZvPdhuFGWQ - will be able to supply the large uranium demand in the USA. This is because its projects are located in Texas and Wyoming, and the company also owns physical uranium.
IsoEnergy - https://www.youtube.com/watch?v=tPkBdRV_lew - has promising uranium projects in the uranium-rich Athabasca Basin in Saskatchewan, with the Hurricane Zone being a particular highlight.
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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