For years, the price of uranium stagnated. Last year, however, it began to rise.
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On the one hand, there was market disruption in the wake of the Corona pandemic. However, the fundamentals for uranium are now positive. For a long time, the uranium price was low, the reasons are known (Fukushima) and so uranium deposits were partially shut down. But the picture has changed. Fossil energies are to give way in favour of renewable energies. The fact that this cannot work without nuclear power is now well known.
The uranium industry, which has been ailing for a long time, can therefore hope for better times, because low-carbon energy sources are in demand due to climate change. It is not surprising that demand for uranium from China and India is rising, as electricity demand there is increasing, and they have been struggling with air pollution for some time. Industry experts expect demand for uranium to double by the end of the decade. So, the outlook is good for companies with uranium, such as Consolidated Uranium. The company is acquiring uranium projects around the world in order to position itself in time.
Another issue that concerns all of humanity, in addition to the supply of energy, is the adequate supply of food for the inhabitants of the earth. Because after the pandemic, the focus on sustainability and environmental compatibility will also extend to the food sector. While food trends such as synthetic foods or insect protein are of interest in this country, far too many people in the world are still starving. In addition to looking at alternative packaging, for example, the preservation of food is also a major topic. EnWave, for example, is dedicated to this topic. With the Radiant Energy Vacuum ("REV™") dehydration technology developed by the Canadians, food, pharmaceutical and cannabis products can be preserved. This is done using a fast and gentle drying method.
Current corporate information and press releases from Consolidated Uranium (https://www.resource-capital.ch/en/companies/consolidated-uranium-inc/) and EnWave (
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