SMALL CAP IDEA: Uranium companies receiving greater interest amid drive for clean energy and reducing poverty

Cautiously, uranium bulls are starting to come out of hiding.

The uranium mining sector took a huge hit after the Fukushima nuclear accident in Japan in 2011 and has still yet fully to recover.

But the world has other pressing issues to contend with: namely climate change and pulling billions of the world’s poor out of poverty.

Nuclear can help with both and as such it’s coming back into fashion.Amongst the main candidates in the upcoming 2024 US Presidential elections, Robert Kennedy Junior is against nuclear, while the other main candidates are locked in. Splitting a kilogram of U-235 releases a huge amount of energy – about 2.5 million times the amount of energy produced by burning the same amount of coal (stock image) Ron De Santis told reporters in February that nuclear was the cleanest source of power ‘of all’.Donald Trump is pro, and the incumbent President can’t afford to undermine […]

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