The global nuclear industry and those outside the sector met in London. A record number of around 800 delegates attended. Nuclear power is clean, reliable, safe and affordable. It is also necessary to find the way out of fossil fuels. The number of countries and industries that see these opportunities in nuclear energy is growing. At the World Nuclear Symposium 2023, 25 countries signed a declaration to triple nuclear energy. More than 120 companies have also signed the industry commitment to triple nuclear energy capacity by 2050.
Now the focus is on cooperation between governments, the financial world, the energy sector and the technology sector. In the United Arab Emirates, for example, the Barakah nuclear power plant has now started commercial operation. It should be able to cover up to 25 percent of the UAE's electricity requirements. A US uranium enrichment plant costing several billion dollars is to be built in Tennessee. The uranium industry is at a crucial moment. The number of nuclear power plants continues to grow, and the acceptance of nuclear power that was often lacking in the past is now a given. 60 reactors are under construction worldwide and a further 110 are planned. The amount of uranium required will also increase as a result of this development. The era of low uranium prices is already a thing of the past. The most important uranium producer is Kazakhstan. But there are also rich uranium deposits in Canada and Saskatchewan. IsoEnergy and Cosa Resources, for example, are represented here with their projects.
Cosa Resources - https://www.commodity-tv.com/ondemand/companies/profil/cosa-resources-corp/ - has acquired two additional properties in the Athabasca Basin in Saskatchewan in addition to the existing uranium projects and now owns around 216,000 hectares of land.
IsoEnergy - https://www.commodity-tv.com/ondemand/companies/profil/isoenergy-ltd/ - has outstanding uranium projects in various stages of development in Canada, Australia, Argentina and the USA.
Current company information and press releases from Cosa Resources (- https://www.resource-capital.ch/en/companies/cosa-resources-corp/ -) and IsoEnergy (- https://www.resource-capital.ch/en/companies/iso-energy-ltd/ -).
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/.
Now the focus is on cooperation between governments, the financial world, the energy sector and the technology sector. In the United Arab Emirates, for example, the Barakah nuclear power plant has now started commercial operation. It should be able to cover up to 25 percent of the UAE's electricity requirements. A US uranium enrichment plant costing several billion dollars is to be built in Tennessee. The uranium industry is at a crucial moment. The number of nuclear power plants continues to grow, and the acceptance of nuclear power that was often lacking in the past is now a given. 60 reactors are under construction worldwide and a further 110 are planned. The amount of uranium required will also increase as a result of this development. The era of low uranium prices is already a thing of the past. The most important uranium producer is Kazakhstan. But there are also rich uranium deposits in Canada and Saskatchewan. IsoEnergy and Cosa Resources, for example, are represented here with their projects.
Cosa Resources - https://www.commodity-tv.com/ondemand/companies/profil/cosa-resources-corp/ - has acquired two additional properties in the Athabasca Basin in Saskatchewan in addition to the existing uranium projects and now owns around 216,000 hectares of land.
IsoEnergy - https://www.commodity-tv.com/ondemand/companies/profil/isoenergy-ltd/ - has outstanding uranium projects in various stages of development in Canada, Australia, Argentina and the USA.
Current company information and press releases from Cosa Resources (- https://www.resource-capital.ch/en/companies/cosa-resources-corp/ -) and IsoEnergy (- https://www.resource-capital.ch/en/companies/iso-energy-ltd/ -).
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/.
