Uranium Producers Continue To Gain- CCJ is a leader

Uranium is a silvery-grey metal in the actinide series of the periodic table. Enriched uranium, or U-235 concentrations, are required for fuel for nuclear power plants and the nuclear reactors that run naval ships and submarines. High-grade uranium is also a critical ingredient in producing nuclear weapons.

While uranium is a metal, it is also an energy commodity. Uranium occurs in most rocks in concentrations of two to four parts per million and is common in the earth’s crust. Geopolitical tensions and a shift to greener energy sources have caused the demand for uranium to increase. Cameco Corporation ( CCJ ) is a leading and established Canadian uranium producer.

The demand is rising for two compelling reasons

In the complicated world in 2022, two factors are increasing uranium demand and the sky-high prices for traditional fuels are making nuclear power projects more attractive. Moreover, the shift towards a greener path […]

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