George Glasier of Western Uranium & Vanadium Talks about Pressure on the Uranium Supply Chain

In this InvestorIntel interview during PDAC 2023, Tracy Weslosky talks to George Glasier, CEO, President, and Director of Western Uranium & Vanadium Corp. ’s (CSE: WUC | OTCQX: WSTRF) about pressure on the uranium supply chain and expectations for a strong uranium market. As an industry expert, he points out that demand for uranium is going up but production is not, and many expect 2023 to be a breakout year with the potential for skyrocketing prices.

George points out that 50% of the US uranium supply comes from Russia, and with the war in Ukraine there is already a reluctance to buy from Russia and a desire to secure new sources to fuel American and European power plants. He goes on to say that the current western supply cannot meet western demands for uranium at present or in the near future.

George also provides an update on Western Uranium & Vanadium’s […]

Click here to view original web page at investorintel.com

About the author: StockMan

Please remember:

The information provided here is for general knowledge and educational purposes only.
It is not intended to be a substitute for professional financial advice.
Every individual's financial situation is unique, and what works for one person may not work for another.
Before making any investment or financial decisions, you should always consult with a qualified financial advisor who understands your specific circumstances and goals.

Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, should never be acted upon. Please be aware that any information posted on this site should not be considered to be financial advice and i am not a financial advisor.