Uranium demand and supply speak for themselves. Very good prospects for uranium companies and investors.
After the Cold War, the uranium market was oversupplied for a long time. The price of uranium fell, and investment declined. The fact that the uranium market is very different today can be seen from the rise in the price of uranium. The acceptance of nuclear energy has increased enormously. Around 435 nuclear power plants are currently online. An estimated 170 more are expected by 2050, according to the World Nuclear Association. This development is due to the decarbonization targets. The demand for uranium is therefore increasing. This could result in a shortfall of more than two billion pounds of uranium by 2040.
Today, investment in the uranium sector is increasing, as uranium is a key factor for many governments in the pursuit of clean energy. Uranium companies provide leverage to the underlying uranium price. In 2007, this was less than 20 US dollars per pound of uranium. Currently, the uranium price is close to the 100 US dollar mark. This means that almost anyone can mine uranium profitably. And so disused mines are being put back into operation. However, this will not happen overnight. The uranium industry's wait has thus come to an end. The performance of smaller uranium companies in particular could rise sharply. Mergers and acquisitions could now increase. The same applies to spin-offs of mining companies that have other commodity projects in their portfolio in addition to uranium projects.
Particular attention is paid to uranium companies with projects in the uranium-rich Athabasca Basin in Saskatchewan. These include Cosa Resources and IsoEnergy.
Cosa Resources - https://www.commodity-tv.com/ondemand/companies/profil/cosa-resources-corp/ - has uranium projects in the Athabasca Basin in Saskatchewan covering an area of more than 200,000 hectares. Drilling results are eagerly awaited.
IsoEnergy - https://www.commodity-tv.com/ondemand/companies/profil/isoenergy-ltd/ - is also at home in the Athabasca Basin and also has uranium mines in Utah. The company plans to resume uranium production at the Tony M uranium mine there next year.
Current company information and press releases from IsoEnergy (- https://www.resource-capital.ch/en/companies/iso-energy-ltd/ -) and Cosa Resources (- https://www.resource-capital.ch/en/companies/cosa-resources-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/
After the Cold War, the uranium market was oversupplied for a long time. The price of uranium fell, and investment declined. The fact that the uranium market is very different today can be seen from the rise in the price of uranium. The acceptance of nuclear energy has increased enormously. Around 435 nuclear power plants are currently online. An estimated 170 more are expected by 2050, according to the World Nuclear Association. This development is due to the decarbonization targets. The demand for uranium is therefore increasing. This could result in a shortfall of more than two billion pounds of uranium by 2040.
Today, investment in the uranium sector is increasing, as uranium is a key factor for many governments in the pursuit of clean energy. Uranium companies provide leverage to the underlying uranium price. In 2007, this was less than 20 US dollars per pound of uranium. Currently, the uranium price is close to the 100 US dollar mark. This means that almost anyone can mine uranium profitably. And so disused mines are being put back into operation. However, this will not happen overnight. The uranium industry's wait has thus come to an end. The performance of smaller uranium companies in particular could rise sharply. Mergers and acquisitions could now increase. The same applies to spin-offs of mining companies that have other commodity projects in their portfolio in addition to uranium projects.
Particular attention is paid to uranium companies with projects in the uranium-rich Athabasca Basin in Saskatchewan. These include Cosa Resources and IsoEnergy.
Cosa Resources - https://www.commodity-tv.com/ondemand/companies/profil/cosa-resources-corp/ - has uranium projects in the Athabasca Basin in Saskatchewan covering an area of more than 200,000 hectares. Drilling results are eagerly awaited.
IsoEnergy - https://www.commodity-tv.com/ondemand/companies/profil/isoenergy-ltd/ - is also at home in the Athabasca Basin and also has uranium mines in Utah. The company plans to resume uranium production at the Tony M uranium mine there next year.
Current company information and press releases from IsoEnergy (- https://www.resource-capital.ch/en/companies/iso-energy-ltd/ -) and Cosa Resources (- https://www.resource-capital.ch/en/companies/cosa-resources-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/
