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Swiss Resource Capital AG Poststrasse 1 9100 Herisau, Switzerland http://www.resource-capital.ch
Contact Mr Jörg Schulte +49 2983 974041

Uranium - growing demand and scarce supplies

(PresseBox) (Herisau, )
Russia will no longer be able to export uranium from August 11 due to sanctions. This will drive up uranium prices.

Significant quantities of uranium are produced in Canada, Kazakhstan and Australia. If Russia is banned in the near future, Canada could once again become the world's largest uranium-producing country. Uranium is in demand like never before. Around 90 nuclear power plants are being planned, 61 are under construction and decommissioned nuclear reactors are being revived. Legendary investors such as Bill Gates and Warren Buffett are backing nuclear energy. Bill Gates is spending billions of US dollars so that his start-up company can build small reactors. Construction of the plant in Wyoming has just begun and the project is due to be completed in 2030. The costs are expected to amount to around four billion US dollars. The special feature of Bill Gates' nuclear power plants is the sodium cooling system. This means that the reactors can be produced for half the cost of conventional water-cooled reactors. The fuel for the project is to come from the USA or its allies. Nuclear power is becoming increasingly important (almost) worldwide in the fight against climate change.

And the demand for electricity is also increasing. According to the International Energy Agency (IEA), artificial intelligence, i.e. the demand for electricity from AI data centers, will increase exponentially over the next few years. This will require investment in the technology sector and will drive the nuclear energy industry forward. So, it's no wonder that the USA and Japan, for example, want to bring decommissioned nuclear power plants back to life. South Korea and Sweden are also planning small modular reactors, such as those from Bill Gates' start-up. The market prospects for uranium are therefore extremely promising. This can be seen in the uranium price and the growing takeover activities. Investments in uranium companies, especially in the near future, should therefore be under a good star. There is IsoEnergy or Uranium Royalty, for example.

Uranium Royalty - https://www.commodity-tv.com/ondemand/companies/profil/uranium-royalty-corp/ - is the only royalty company in the uranium sector and thus ensures diversification.

IsoEnergy - https://www.commodity-tv.com/ondemand/companies/profil/isoenergy-ltd/ - is represented in the best uranium regions in the USA, Canada (Athabasca Basin, Saskatchewan), Australia and Argentina.

Current company information and press releases from Uranium Royalty (- https://www.resource-capital.ch/en/companies/uranium-royalty-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/

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.