Looking back, a ton of copper cost just under $5,000 in 2016, while a pound of uranium was priced at around $25. Since then, both commodities have experienced significant price increases. Alongside precious metals, these materials are likely to rank among investors' favorites. For uranium, the development of small modular reactors could mark a huge leap forward. Enhanced efficiency and top-tier safety standards could make uranium a key player in the energy transition. Copper, too, is a metal of the future. For example, an electric vehicle contains about 83 kilograms of copper, compared to just 23 kilograms in a traditional internal combustion vehicle.
Analysts largely agree that the fundamentals for copper are positive. Alongside iron, copper has been one of the most important metals in human history. Today, it is an indispensable component in many modern applications, particularly in renewable energy technologies. In 2022, S&P Global published an extensive report titled The Future of Copper, detailing how copper consumption will rise significantly due to the energy transition and related technologies. While global copper demand was about 25 million tons in 2021, it is projected to reach 49 million tons by 2035. At the same time, a deficit of 10 million tons could emerge by 2035.
The outlook for uranium is similarly tight, and, like copper, investor sentiment toward uranium is optimistic today. Many believe a uranium deficit is imminent—no surprise given the renaissance of nuclear energy. As an alternative to fossil fuels, nuclear power is becoming a key part of the energy transition.
In the uranium mining sector, Premier American Uranium - https://www.commodity-tv.com/ondemand/companies/profil/premier-american-uranium-inc/ - stands out as a promising company. The firm holds substantial properties in uranium-producing regions in the United States, including Colorado and Wyoming.
GoldMining - https://www.commodity-tv.com/ondemand/companies/profil/goldmining-inc/ -, meanwhile, boasts copper and gold assets across Canada, the United States, Brazil, Colombia, and Peru. Additionally, it holds shares in Gold Royalty, U.S. GoldMining, and NevGold.
For current corporate updates and press releases, visit GoldMining (- https://www.resource-capital.ch/de/unternehmen/goldmining-inc/ -) und Premier American Uranium (- https://www.resource-capital.ch/de/unternehmen/premier-american-uranium-corp/ -).
In accordance with §34 WpHG I would like to point out that partners, authors and employees may hold shares in the respective companies addressed and thus a possible conflict of interest exists. No guarantee for the translation into English. Only the German version of this news is valid.
Disclaimer: The information provided does not represent any form of recommendation or advice. Express reference is made to the risks in securities trading. No liability can be accepted for any damage arising from the use of this blog. I would like to point out that shares and especially warrant investments are always associated with risk. The total loss of the invested capital cannot be excluded. All information and sources are carefully researched. However, no guarantee is given for the correctness of all contents. Despite the greatest care, I expressly reserve the right to make errors, especially with regard to figures and prices. The information contained herein is taken from sources believed to be reliable, but in no way claims to be accurate or complete. Due to court decisions, the contents of linked external sites are also co-responsible (e.g. Landgericht Hamburg, in the decision of 12.05.1998 - 312 O 85/98), as long as there is no explicit dissociation from them. Despite careful control of the content, I do not assume liability for the content of linked external pages. The respective operators are exclusively responsible for their content. The disclaimer of Swiss Resource Capital AG also applies: https://www.resource-capital.ch/en/disclaimer/.
Analysts largely agree that the fundamentals for copper are positive. Alongside iron, copper has been one of the most important metals in human history. Today, it is an indispensable component in many modern applications, particularly in renewable energy technologies. In 2022, S&P Global published an extensive report titled The Future of Copper, detailing how copper consumption will rise significantly due to the energy transition and related technologies. While global copper demand was about 25 million tons in 2021, it is projected to reach 49 million tons by 2035. At the same time, a deficit of 10 million tons could emerge by 2035.
The outlook for uranium is similarly tight, and, like copper, investor sentiment toward uranium is optimistic today. Many believe a uranium deficit is imminent—no surprise given the renaissance of nuclear energy. As an alternative to fossil fuels, nuclear power is becoming a key part of the energy transition.
In the uranium mining sector, Premier American Uranium - https://www.commodity-tv.com/ondemand/companies/profil/premier-american-uranium-inc/ - stands out as a promising company. The firm holds substantial properties in uranium-producing regions in the United States, including Colorado and Wyoming.
GoldMining - https://www.commodity-tv.com/ondemand/companies/profil/goldmining-inc/ -, meanwhile, boasts copper and gold assets across Canada, the United States, Brazil, Colombia, and Peru. Additionally, it holds shares in Gold Royalty, U.S. GoldMining, and NevGold.
For current corporate updates and press releases, visit GoldMining (- https://www.resource-capital.ch/de/unternehmen/goldmining-inc/ -) und Premier American Uranium (- https://www.resource-capital.ch/de/unternehmen/premier-american-uranium-corp/ -).
In accordance with §34 WpHG I would like to point out that partners, authors and employees may hold shares in the respective companies addressed and thus a possible conflict of interest exists. No guarantee for the translation into English. Only the German version of this news is valid.
Disclaimer: The information provided does not represent any form of recommendation or advice. Express reference is made to the risks in securities trading. No liability can be accepted for any damage arising from the use of this blog. I would like to point out that shares and especially warrant investments are always associated with risk. The total loss of the invested capital cannot be excluded. All information and sources are carefully researched. However, no guarantee is given for the correctness of all contents. Despite the greatest care, I expressly reserve the right to make errors, especially with regard to figures and prices. The information contained herein is taken from sources believed to be reliable, but in no way claims to be accurate or complete. Due to court decisions, the contents of linked external sites are also co-responsible (e.g. Landgericht Hamburg, in the decision of 12.05.1998 - 312 O 85/98), as long as there is no explicit dissociation from them. Despite careful control of the content, I do not assume liability for the content of linked external pages. The respective operators are exclusively responsible for their content. The disclaimer of Swiss Resource Capital AG also applies: https://www.resource-capital.ch/en/disclaimer/.
