The world needs nuclear energy
Net zero targets cannot be achieved without nuclear power. This will increase the demand for uranium.
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The transition from fossil fuels to more green energy cannot be accomplished without nuclear power. This has been recognized by many countries planning and building new nuclear power plants. One initiative, the Net Zero Nuclear initiative advocates global collaboration between industry and leaders. This is because global nuclear capacity is expected to triple by 2050. This initiative was launched in London, ahead of COP 28 (UN Climate Change Conference in Dubai, Nov. 30 - Dec.12, 2023). The goal is to recognize nuclear power as a green energy source and to accelerate the transition to low-carbon energy systems with the targeted tripling of nuclear power. Because only with more and further nuclear technologies will it be possible to achieve CO2 neutrality by 2050. It's about clean energy and energy security. This type of collaboration of the initiative is new, launched by the World Nuclear Association, the Emirates Nuclear Corporation and also with the support of the International Atomic Energy Agency. It aims to promote the development of nuclear energy and accelerate research and development of new nuclear technologies. Worldwide support for nuclear energy is also growing. For example, IAEA Director General Rafael Mariano Grossi also emphasizes the need to expand nuclear energy capacity, otherwise decarbonization goals cannot be achieved. The world is in the midst of an energy crisis and unprecedented weather extremes related to climate change must be addressed. Investors who want to bet on the only low-carbon and climate-resilient energy source can look at the companies that have the necessary uranium. There would be Latitude Uranium or Consolidated Uranium, for example.
Latitude Uranium - https://www.commodity-tv.com/ondemand/companies/profil/latitude-uranium-inc/ - is developing uranium projects in Labrador and Nunavut. The Angilak project is one of the highest-grade uranium projects outside the Athabasca Basin.
Consolidated Uranium - https://www.commodity-tv.com/ondemand/companies/profil/consolidated-uranium-inc/ - owns uranium properties in Australia, Argentina, Canada and the USA. The company's previously producing uranium and vanadium mines are located in Utah and Colorado.
Latest corporate information and press releases from Consolidated Energy (https://www.resource-capital.ch/en/companies/consolidated-uranium-inc/ ) and Latitude Uranium (https://www.resource-capital.ch/en/companies/latitude-uranium-inc/ ).
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