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Raw materials in short supply: uranium and battery metals


Renewable energies and electromobility are in vogue and cannot be stopped.

Fossil raw materials have become expensive and renewable energies are on the rise. E-mobility and all other portable devices need power storage. So, it would be no wonder if battery raw materials such as lithium, nickel or cobalt could become scarce. And since renewable energy sources, wind or solar, are not sufficient for a comprehensive energy supply, nuclear energy is making a comeback as a clean form of energy generation. According to Canaccord Genuity, there is an urgent need for new uranium supply with U308 from mines. Now that the price of uranium has risen significantly and long-term contracts have also been signed, supply is likely to grow. At the same time, demand is increasing, and the deficit is growing.

There are still problems in the supply chain and there is also often a lack of suitable labor. Some mines have problems in their mines, often of a political nature, and have to lower production forecasts, for example mines in Niger or Cameco in Canada, the second largest producer in the world. Thus, analysts reckon that rising supply is unlikely to match demand. Thus, even higher uranium prices should not be a surprise and should please companies with uranium in their projects.

So, the uranium sector should continue to offer good opportunities for investors, with a focus on high-value participants. The same is true for the battery metals sector. Here, too, demand is growing virtually worldwide. High-quality companies in these two important sectors include Green Shift Commodities and Uranium Energy.

Green Shift Commodities – https://www.commodity-tv.com/ondemand/companies/profil/green-shift-commodities-ltd/ – is working in South America on exploration and development of battery raw materials such as lithium or nickel.

Uranium Energy – https://www.commodity-tv.com/ondemand/companies/profil/uranium-energy-corp/ – owns uranium projects in the U.S. and Canada, is debt-free, achieved record revenues in fiscal 2023, and is one of the major uranium companies in North America.

Current corporate information and press releases from 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/

Posted by on 27. October 2023. 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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