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 […]

Click here to view original web page at www.proactiveinvestors.com.au

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.