Uranium for the green revolution

Uranium for the green revolution

"I think the green movement has become much more powerful and important globally than it used to be," said Simon Popple of the Brookville Capital Intelligence Report in a recent interview on INN. "The more governments embrace nuclear, green energy (and) electric vehicles, I think the more demand there will be for uranium," he said in the interview. "The demand for electricity is going to be very high, and that electricity has to come from somewhere." In fact, the new cycle for nuclear power, and therefore uranium demand, has already begun. This can be read in the price of the energy source. Uranium on the spot market now costs more than 48 US dollars per pound (454 grams) again. Companies with fundamentally good uranium projects can already live with this. Older and largely dismantled projects, on the other hand, are having problems and will not yet stimulate supply again […]

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