Uranium is ubiquitous
Radioactivity is nothing new. Now the uranium market is in a growing deficit. Uranium prices are still relatively low, but this could change soon. Uranium surpluses will be a thing of the past. Secondary sources of supply have also fallen recently. Scenarios that would keep the uranium price down are hardly to be feared.
The risk of another nuclear accident after Fukushima is very low. And that China is suddenly turning away from the expansion of nuclear energy, too. FocusEconomics, a specialist in economic analyses and price forecasts for raw materials, also assumes a rising uranium price in its latest analysis. Uranium, although one of the most controversial commodities, is likely to become more the focus of investors in view of the increasing number of nuclear power plants worldwide.
Since nuclear fission was discovered in 1938, uranium has advanced to become an important source of energy and is used in nuclear power plants to generate energy. It is practically impossible for a large national economy to have a reliable grid without nuclear energy and at the same time low-carbon. Since global energy demand cannot be met without uranium, uranium companies such as Fission 3.0 or Uranium Energy should benefit in particular if the price of uranium rises.
Fission 3.0 – https://www.commodity-tv.net/c/search_adv/?v=298932 - is located with its Patterson Lake North uranium project in one of the world's best uranium areas, the western Athabasca Basin in Saskatchewan, Canada. It covers more than 27,000 hectares.
Uranium Energy - https://www.commodity-tv.net/c/search_adv/?v=298864 - can begin production at its Palangana Mine (within six months), the Goliad Project (fully approved) and the Burke Hollow Project (already licensed). In addition, there is the Reno Creek project (fully licensed) and a titanium project (Alto Paraná). The big plus is the Hobson processing plant.
Current corporate information and press releases from Uranium Energy (https://www.resource-capital.ch/en/companies/uranium-energy-corp.html) and Fission 3.0 (https://www.resource-capital.ch/en/companies/fission-30-corp.html).
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