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Facts about atomic energy

Nuclear energy is booming, if not in our country, then in almost the entire rest of the world

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In 2019, nuclear reactors worldwide produced more electricity than ever before, 809 billion kilowatt hours. This was achieved by 443 nuclear reactors, more than ever before. The construction of five new reactors started last year. By 2022, all nuclear power plants in Germany are to be shut down. At the same time, China is planning 44 new nuclear reactors in the next eight to ten years

In 2019, nuclear power accounted for around 55 percent of the global alternative energy mix, wind power for 20 percent and solar energy for five percent. In terms of reliability, nuclear power comes to more than 93 percent, while gas, coal, hydroelectric, wind and solar power only achieve a reliability of between 24 and 56 percent. And in the USA, 29 states are blessed with emission-free electricity thanks to nuclear power.

The major uranium producing countries have increased their production in the last decade. While in 2007 41,282 tons of uranium were produced, in 2019 it was 53,656 tons. The production record in 2016 was 62,638 tons of uranium. And most of the uranium is processed into U308 and then further on into fuel rods, i.e. a component of the nuclear energy industry, which is used for electricity generation.

At present, around ten percent of the world's electricity comes from nuclear power. With the amount of nuclear power plants planned and under construction, the demand for uranium will certainly increase. Part of this uranium could possibly be supplied by up-and-coming companies like Uranium Energy or IsoEnergy.

IsoEnergy with its promising projects is located in the eastern Athabasca Basin in Saskatchewan: https://www.commodity-tv.com/play/mining-newsflash-with-sibanye-stillwater-mawson-gold-and-isoenergy/. Drilling is currently focusing particularly on the Hurricane Zone discovered in 2018 on the Laroque East project (up to 33.9 percent U308).

Uranium Energy owns the fully licensed Hobson processing plant in South Texas, an important point: https://www.commodity-tv.com/play/uranium-energy-best-position-for-restart-of-us-uranium-production/. Nearby are the Palangana, Burke Hollow and Goliad ISR projects. In Wyoming, Uranium Energy controls the Reno Creek project. Other projects as well as a ferro-titanium deposit in Paraguay are part of the portfolio.

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/).

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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Always up to date with the newsletter from SRC

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.

You can change your mind at any time by clicking on the Unsubscribe link, which you can find in the footer of every email you receive from us, or by contacting us at [email protected] We will treat your information with care and respect. For more information about our privacy practices, visit our website. By clicking below, you agree that we may process your information in accordance with these Terms.

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