Uranium production
The use of nuclear energy to generate electricity has been taking place worldwide for about 70 years, and the trend is upward.
Receive up-to-date information about the company directly via push notification
Uranium scores points with its enormous energy density compared to other energy raw materials, and nuclear energy scores points in terms of harmful emissions anyway. In the course of climate policy, nuclear power, and thus also uranium, has become respectable again today. There are currently around 440 nuclear power plants worldwide, in 32 countries. Incidentally, the first nuclear power was generated in Idaho in 1956. At present, nuclear power still accounts for only about ten percent of global electricity generation. The mining of the uranium needed for nuclear power plants is similar to the processes used in the mining of other raw materials. There is open pit mining and underground mining, and uranium is sometimes a byproduct, sometimes the main product. But there is a third variation, in-situ leaching (solution mining). This is a process used for sandstone-bound uranium deposits. The uranium is extracted from the ore body, and pumps transport it to the surface. This is a cost-effective and environmentally friendly option that does not produce overburden. At the processing plant of an ISL operation, the uranium is separated, dried and packaged, leaving U308. The largest uranium company in North America is the internationally known corporation Cameco.
Uranium Energy - https://www.commodity-tv.com/ondemand/companies/profil/uranium-energy-corp/ - is particularly strong in the USA. The company owns ISR uranium projects in the USA, with important permits already in place, further conventional projects in Canada, and various uranium interests.
The uranium market is dominated by a small number of companies, with the ten largest companies accounting for around 90 percent of global uranium production in 2021.
In addition to Uranium Energy, IsoEnergy - https://www.commodity-tv.com/ondemand/companies/profil/isoenergy-ltd/ - is a uranium company worthy of attention. This is because the company's high-grade projects are located in the famous Athabasca Basin in Saskatchewan...0:13 / 00:30
Display. The editorial content starts in 18 second
Current company information and press releases from IsoEnergy (https://www.resource-capital.ch/en/companies/iso-energy-ltd/ ) 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.
Disclaimer: The information provided does not represent any form of recommendation or advice. Express reference is made to the risks in securities trading. No liability can be accepted for any damage arising from the use of this blog. I would like to point out that shares and especially warrant investments are always associated with risk. The total loss of the invested capital cannot be excluded. All information and sources are carefully researched. However, no guarantee is given for the correctness of all contents. Despite the greatest care, I expressly reserve the right to make errors, especially with regard to figures and prices. The information contained herein is taken from sources believed to be reliable, but in no way claims to be accurate or complete. Due to court decisions, the contents of linked external sites are also co-responsible (e.g. Landgericht Hamburg, in the decision of 12.05.1998 - 312 O 85/98), as long as there is no explicit dissociation from them. Despite careful control of the content, I do not assume liability for the content of linked external pages. The respective operators are exclusively responsible for their content. The disclaimer of Swiss Resource Capital AG also applies: https://www.resource-capital.ch/en/disclaimer/