Uranium makes its return

Though 2023 has been called on more than one occasion “the year for uranium”, it nevertheless remains in public consciousness a commodity of some controversy.

History is dotted with nuclear-related incidents — Chernobyl, Fukushima, the Kyshtym disaster — and it’s these moments that spring to mind when we think of uranium. But that is perhaps a testament more to the rigidity of human memory than anything else.

The reality, in fact, is that technological advancements in recent years have made nuclear energy a viable weapon in the fight for reliable green energy. Give me the elevator pitch

The primary force behind uranium’s surge in recent years is climate change. The ability to produce huge quantities of carbon-free power is something entire countries, like South Korea and Japan, are building into their respective energy mixes.Another factor is the influence of supply and demand. Roughly 200 million pounds of uranium was consumed last […]

About the author: StockMan

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