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Climate protection urgently needed – uranium would help



In Germany, 2021 climate targets were missed, and greenhouse gas emissions increased.

Many countries have recognized that achieving climate targets is not possible without nuclear power plants, so new power plants are being built eagerly and many are in the planning stage. Unlike in this country. In 2021, 4.5 percent more greenhouse gases were blown into the air in Germany than the year before. With gas prices so high, there was an increased reliance on hard coal and lignite. Work is now underway on an emergency climate protection program. The expansion of renewable energies takes time, and our country in particular lacks wind and sun. Germany wants to be greenhouse gas neutral by 2045, which is no easy task.

Compared to all other energy sources, uranium is very cheap. When electricity suppliers\- supply contracts are nearing the end, demand for uranium increases. New contracts are then based on significantly higher prices. The fact that uranium is in demand can be seen from recent price developments. Almost 60 U.S. dollars currently have to be paid for a pound of uranium. At the turn of the year last year, 40 U.S. dollars was enough to get a pound of uranium, so the price has risen enormously. The USA\-s plans to impose a ban on uranium imports from Russia are certainly one of the reasons for this. The U.S. relies heavily on cheap Russian uranium to meet its electricity needs. At the same time, the largest uranium mine operators tend to keep production at low levels. For example, Cameco, one of the major uranium producers, commented that it does not intend to increase production to contribute to oversupply.

Uranium companies should be pleased with the high uranium price and the development on the uranium market. These include IsoEnergy and Consolidated Uranium.

IsoEnergy – https://www.youtube.com/watch?v=gn9fk-ARE8A – has uranium projects in an excellent uranium area, the Athabasca Basin in Saskatchewan. Particularly high grade there is the Larocque East property with the Hurricane Zone.

Consolidated Uranium – https://www.youtube.com/watch?v=N1z3_U98lJ8 – has uranium projects in Canada, Argentina, Australia and the USA in its portfolio. These are joined by uranium and vanadium mines in Utah and Colorado.

Current corporate information and press releases from Consolidated Uranium (- https://www.resource-capital.ch/en/companies/consolidated-uranium-inc/ -) and IsoEnergy (- https://www.resource-capital.ch/en/companies/iso-energy-ltd/ -).

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/

Posted by on 23. March 2022. Filed under Internet, Picture Gallery. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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