The yellow cake
Uranium, which is used in nuclear power plants to generate electricity, is known. Heat is the desired goal. But uranium is also used in other areas of our lives. Nuclear fission, for example, allows its use in medicine, industry and research.
Nuclear fission can also take place in nature without human intervention. In Africa, for example, 14 natural reactors have been active for about 500,000 years. They generated as much energy as a power plant generates in around four years. Neutron research, on the other hand, investigates the neutrons produced by nuclear fission. The neutrons, small electrical parts, help to investigate materials or to develop new ones. For example, it can be used to detect damage to aircraft walls or car engines.
Uranium is omnipresent, it occurs on earth and also in the seas. Uranium is extracted in mines, then it is crushed and ground in a processing plant. The uranium is dissolved from the ore and the uranium ore concentrate (U308) is formed. This consists mainly of a yellow powder, hence the name "yellow cake". Ultimately, the uranium is filled into fuel rods, and the fuel assemblies are made from fuel bundles. These are used in nuclear power plants to generate energy.
Even if Germany favours the phase-out of nuclear energy, many other countries rely on clean energy and need uranium. Uranium companies such as Uranium Energy or Fission 3.0 have this in their projects.
Uranium Energy - https://www.commodity-tv.net/c/search_adv/?v=299221 - owns uranium projects in the USA, in Texas. These have already been partially approved and are, so to speak, ready to go. Uranium Energy's portfolio also includes the largest ISR uranium project in the USA, in Wyoming, as well as a fully licensed processing plant.
Fission 3.0 - https://www.commodity-tv.net/c/search_adv/?v=299215 - uranium projects are located in the uranium-rich Athabasca Basin in Saskatchewan. Uranium projects in Peru are also being pursued by Fission 3.0.
Current corporate information and press releases from Uranium Energy (https://www.resource-capital.ch/en/companies/uranium-energy-corp/) and Fission 3.0 ( https://www.resource-capital.ch/en/companies/fission-30-corp/).
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