Today, the uranium market is much tighter than it was a few years ago. This is also reflected in the increased uranium price.
The marginal costs of production led to a decline in supply and ultimately to an undersupply. For a long time, no particular attention was paid to this, as considerable stocks were built up in the period after Fukushima. However, stocks are emptying, and uranium is in higher demand and more expensive than it has been for a long time. And the future seems bright for uranium producers.
Since the UN Climate Change Conference in Dubai (COP 28) it has been clear that many industrialized countries are committed to doing without fossil fuels. And this renunciation can only be achieved with nuclear power. 22 nations have agreed to triple their nuclear capacity by 2050, because clean energy systems are necessary. The fact that the world is returning to nuclear energy for compelling reasons is shown by the performance of uranium as a raw material. It was one of the best performers in 2023 and also got off to a strong start in 2024. Nuclear energy supplies electricity without greenhouse gas emissions and generates reliable base load energy with a high level of security. We saw in 2022 during the energy crisis that an insecure energy supply can threaten the economy and national security.
The shift back to nuclear energy leads to uranium scarcity. The price will naturally adjust to this imbalance and uranium companies will also become more valuable. Technological advances such as the nuclear technology of small modular reactors (SMSs) will also further fuel the demand for uranium. Eventually, they can be used to power smaller cities, both for electricity generation and for the production of industrial heat. Energy policy and the long lead times of these projects should support the uranium price over the next 10 or 20 years. A positive outlook for uranium companies.
If you like diversification and uranium, you can take a look at Uranium Royalty - https://www.commodity-tv.com/ondemand/companies/profil/uranium-royalty-corp/ -. It is the only royalty company in the uranium sector. In addition to royalties and streaming agreements, Uranium Royalty owns physical uranium.
Premier American Uranium - https://www.commodity-tv.com/ondemand/companies/profil/premier-american-uranium-inc/ - has promising uranium projects in Wyoming and Colorado.
Current company information and press releases from Uranium Royalty (- https://www.resource-capital.ch/en/companies/uranium-royalty-corp/ -) and Premier American Uranium (- https://www.resource-capital.ch/en/companies/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/
The marginal costs of production led to a decline in supply and ultimately to an undersupply. For a long time, no particular attention was paid to this, as considerable stocks were built up in the period after Fukushima. However, stocks are emptying, and uranium is in higher demand and more expensive than it has been for a long time. And the future seems bright for uranium producers.
Since the UN Climate Change Conference in Dubai (COP 28) it has been clear that many industrialized countries are committed to doing without fossil fuels. And this renunciation can only be achieved with nuclear power. 22 nations have agreed to triple their nuclear capacity by 2050, because clean energy systems are necessary. The fact that the world is returning to nuclear energy for compelling reasons is shown by the performance of uranium as a raw material. It was one of the best performers in 2023 and also got off to a strong start in 2024. Nuclear energy supplies electricity without greenhouse gas emissions and generates reliable base load energy with a high level of security. We saw in 2022 during the energy crisis that an insecure energy supply can threaten the economy and national security.
The shift back to nuclear energy leads to uranium scarcity. The price will naturally adjust to this imbalance and uranium companies will also become more valuable. Technological advances such as the nuclear technology of small modular reactors (SMSs) will also further fuel the demand for uranium. Eventually, they can be used to power smaller cities, both for electricity generation and for the production of industrial heat. Energy policy and the long lead times of these projects should support the uranium price over the next 10 or 20 years. A positive outlook for uranium companies.
If you like diversification and uranium, you can take a look at Uranium Royalty - https://www.commodity-tv.com/ondemand/companies/profil/uranium-royalty-corp/ -. It is the only royalty company in the uranium sector. In addition to royalties and streaming agreements, Uranium Royalty owns physical uranium.
Premier American Uranium - https://www.commodity-tv.com/ondemand/companies/profil/premier-american-uranium-inc/ - has promising uranium projects in Wyoming and Colorado.
Current company information and press releases from Uranium Royalty (- https://www.resource-capital.ch/en/companies/uranium-royalty-corp/ -) and Premier American Uranium (- https://www.resource-capital.ch/en/companies/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/
