Bullish Sentiments Remain for Uranium Stocks as Demand Soars

Bullish Sentiments Remain for Uranium Stocks as Demand Soars

Classified in: Mining industry , Oil industry , Business
Subject: INO

Niger, Namibia, Russia, Uzbekistan, China. USA and Ukraine. An article in The Fintech Mag discussed whether 2022 is the time to buy uranium stocks. They said: "Uranium (U) is a heavy metallic element that has been used as a reliable source of concentrated energy for many years. It has a melting point of 1132°C. It is naturally found in most rocks with a concentration of 2 to 4 parts per million. Despite the high value associated with this metal, it is as abundant in Earth’s core as other common elements like tin and tungsten. Only one kilogram of uranium can generate energy that is equivalent to the production capability of about 1,500 tonnes of coal. Uranium is a mixture of two isotopes: uranium-238 (U-238) and uranium-235 (U-235). The occurrence ratio of U-238 in natural deposits is about […]

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