Home » Internet, Picture Gallery » Uranium is booming

Uranium is booming





 

Uranium may soon become even more of a scarce commodity and then increase in price – good for uranium companies.

It looks like the uranium market will return to its old strength in 2022. If you think back to 2006, the price of uranium rose to around US$138 per pound, from US$20 previously. Even today, triple-digit uranium prices are already being discussed. Today we are at just under 57 US dollars. Much of the uranium comes from Kazakhstan, but there was unrest there earlier this year and it is uncertain what the future holds there.

Apart from Germany, nuclear energy is in demand worldwide; it is being planned and built, especially in Asia. Because this is the only way to effectively reduce emissions. The sanctions against Russia have caused the price of uranium to explode. After all, there is a threat of supply shortfalls on the part of Russia. Russia recently announced that it is considering a ban on uranium deliveries to the USA in response to the energy sanctions. It is not only the U.S. that has realized that dependence on foreign uranium supplies is not so beneficial. About half of the nuclear power plants in the U.S. are fueled by uranium that comes from Kazakhstan and Uzbekistan.

The uranium company in the USA that owns the most projects capable of producing in the short term is Uranium Energy. With two operational production platforms and seven licensed ISR uranium projects, Uranium Energy – https://www.youtube.com/watch?v=Wg4tVigWYt4&t=207s – is well positioned. The development on the uranium market can be seen well, for example, in the company\-s share price; as with the uranium price, it is going strongly upwards.

Uranium companies that will soon be ready for production and are located in excellent uranium areas, such as Consolidated Uranium – https://www.youtube.com/watch?v=pykE9CRrrCc&t=5s , are of interest to investors. This company owns a number of permitted and previously producing mines in Utah and Colorado, in addition to uranium projects in Australia, Argentina, Canada.

Latest corporate information and press releases from Consolidated Uranium (- https://www.resource-capital.ch/de/unternehmen/consolidated-uranium-inc/ -) and Uranium Energy (- https://www.resource-capital.ch/de/unternehmen/uranium-energy-corp/ -).

In accordance with §34 of the German Securities Trading Act (WpHG), I would like to point out that partners, authors and employees may hold shares in the respective companies addressed and that there is therefore a possible conflict of interest. No guarantee for the translation into German. Only the English version of this news is valid.

Disclaimer: The information provided does not constitute any form of recommendation or advice. Express reference is made to the risks involved in securities trading. No liability can be accepted for any damages arising from the use of this blog. I would like to point out that shares and especially warrant investments are generally 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 a mistake, especially with regard to figures and prices. The information contained is taken from sources that are considered reliable, but in no way claim to be correct or complete. Due to judicial decisions the contents of linked external pages are to be answered for (so among other things regional court Hamburg, in the judgement of 12.05.1998 – 312 O 85/98), as long as no explicit dissociation from these takes place. Despite careful control of the contents, I do not assume any liability for the contents of linked external pages. The respective operators are exclusively responsible for their content. The disclaimer of Swiss Resource Capital AG

applies additionally: https://www.resource-capital.ch/de/disclaimer-agb/





Posted by on 15. April 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

You must be logged in to post a comment Login

Archive

Recent Comments

    © 2022 So-Co-IT. All Rights Reserved. Log in - Copyright by LayerMedia


    Blogverzeichnis - Blog Verzeichnis bloggerei.de Blog Top Liste - by TopBlogs.de Bloggeramt.de