Summary
Demand for electricity, particularly for electric vehicles, is expected to increase substantially, creating a need for more uranium.
The US is supporting domestic production of uranium, with funds allocated for the purchase of domestically produced uranium.
Investors have various options for investing in uranium, including uranium producers, royalty companies, nuclear technology, and uranium funds. Vital Hil/iStock via Getty Image This article examines the prospects for uranium and how investors can profit from investment in this commodity that is essential for nuclear power. Nuclear Energy Is In Demand There is great demand for electricity, and it will increase substantially in the near future. It suffices to ask where all the electricity for EVs (Electric Vehicles) is going to come from. EV batteries need to be charged, and for that to happen one needs electricity. Promoters of EVs do not seem to worry about how the grid is going to […]
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