Uranium Report 2021
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The Corona crisis continues to have a firm grip on the globe. The massive interventions in the development of the free economy have left deep marks. Mass unemployment and economic hardships have suddenly become part of everyday life again. But every crisis also has its winners. In the case of Corona, one big winner is already emerging: the uranium sector! The world needs clean energy. Even in the Corona crisis! While the consumption of electricity hardly decreased during the Corona period, many mines had to close down (temporarily) due to Corona. This led to a slump in the production of corresponding fuels such as coal and uranium. So while many large mines had to temporarily shut down their operations or even stop them altogether due to possible infections of the personnel, at the same time the system-relevant coal and nuclear power plants must continue to operate in order not to let the social system completely fall apart. The USA in particular, but also other nations where nuclear energy plays an important role (such as France, Great Britain and China), urgently need a supply of fuel. No matter what it costs, one might almost think so, at least if one takes a look at the uranium spot price. The price of uranium has risen sharply in the past two years but is still far from an economic level. This has recently created a supply shortfall of more than 50 million pounds of U3O8 per year, which can still be made up by stockpiles. But this will soon be over, which should give uranium investors a big boost for their depot.
This report provides a wealth of information on the uranium sector and offers insightful interviews with exclusively selected experts from the industry. The report is completed by the presentation of a number of interesting companies that are suitable for speculation on rising uranium prices.