Uranium - a very special commodity, also for investors
Uranium can be found everywhere in the earth's crust, in the oceans, in the Alps and every human being also contains traces of uranium.
In nuclear power plants, uranium is used in the form of small pellets. Three to four of these pellets can supply a four-person household for a year. In terms of energy density, no other material can hold a candle to uranium. Much more electricity can be generated from uranium than from any other energy source. The largest uranium-producing countries are Kazakhstan, Canada and Australia. There are also major mining operations in Namibia, Russia, China, the USA and other countries. The number of nuclear power plants is increasing worldwide, and operating times are also being extended, as the world's energy requirements are huge and continue to grow. Two companies have recently joined forces to develop a floating nuclear power plant. Floating energy solutions, i.e. coastal applications, have advantages. Electricity can be brought to remote locations or areas with little land area. And electricity can be produced around the clock, every day. This is a major advantage over wind and solar energy. The task now is to combine nuclear technology with the efficiency of shipyards. Floating nuclear power plants (FNPPs) are operated on ships or floating platforms. This gives them flexibility and mobility. A modular reactor is to be used in the two companies' solution. And it should not only be able to supply electrical energy, but also thermal energy, for example for the production of hydrogen. A further advantage would be that a floating nuclear reactor can, for example, virtually disappear when a tsunami approaches and anchor somewhere else.
Uranium Energy - https://www.commodity-tv.com/ondemand/companies/profil/uranium-energy-corp/ - is working on the supply of uranium with its environmentally friendly and cost-effective ISR uranium projects in the USA and other projects in Canada.
Cosa Resources' - https://www.commodity-tv.com/ondemand/companies/profil/cosa-resources-corp/ - uranium projects are located in the famous Athabasca Basin in Saskatchewan. The company has recently entered into an acquisition agreement to acquire an interest in three uranium exploration projects located in the Athabasca Basin.
Current company information and press releases from
Cosa Resources (https://www.resource-capital.ch/en/companies/cosa-resources-corp/ ) and Uranium Energy (https://www.resource-capital.ch/en/companies/uranium-energy-corp/ ).
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.
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