The world desperately needs uranium
Kazatomprom and Brazil have signed a contract for the supply of uranium. Brazil has also recognized that clean energy generation cannot function without this raw material. Kazakhstan is the world's largest producer and exporter of uranium. In Brazil, two nuclear power plants are in operation and a third plant is under construction. Because the demand for energy in the country is rising.
And nuclear power is booming not only in Brazil, but also in many other countries. Sweden, for example, considered phasing out nuclear power years ago. But today another goal comes first: The country wants to become completely CO2-free. So it's clear that we can't do without nuclear power.
The first uranium ore was mined in Johanngeorgenstadt in 1839. In 2015, 60,496 tons of uranium ore were mined worldwide. Whereas in the 19th century uranium compounds were still used to colour ceramics and glass, today uranium is the material that ensures clean energy production. How important nuclear power is for the USA is known from American statements. According to Trump, national security is affected because the USA has to import almost all the uranium it needs. This is to change.
This requires companies that extract uranium. Uranium Energy - https://www.commodity-tv.net/c/search_adv/?v=299221 - is represented in the USA with a fully licensed processing plant in Texas. In addition, there are uranium projects in Texas, some of which have already been approved. Among others, the largest approved ISR uranium project in the USA in Wyoming.
IsoEnergy - https://www.commodity-tv.net/c/search_adv/?v=299274 - has a number of projects in the famous Athabasca Basin in Saskatchewan, Canada. Another uranium deposit in Nunavut is part of the portfolio of the financially well-off company.
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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