The number of nuclear power plants is increasing because without them and without uranium, the energy transition cannot succeed.
Uranium is in demand like never before, leading to significant deals in the uranium market. For example, NexGen Energy has purchased 2.7 million pounds of uranium at a price of over $92 per pound. The Paris Climate Agreement, the United States' liberation from dependence on Russia for uranium, and a persistent uranium deficit all point towards higher uranium prices. The uranium deficit, in particular, could significantly increase, driving up the cost of uranium. By early 2028, no uranium is expected to be imported from Russia. The revival of nuclear power plants demonstrates the urgent reliance on nuclear power.
Because wind and solar energy alone cannot sufficiently reduce CO2 emissions, no country wants to face an energy crisis. Electricity prices are generally high, and nuclear power plants could help lower them. Despite taking a unique path regarding uranium in this country, acceptance of this clean energy source has significantly increased. In fact, it's becoming a necessity to achieve climate goals. Uranium is booming in both emerging and industrialized countries. China, India, France, Japan, and many other nations are planning and constructing new power plants.
Experts in the uranium industry are already predicting prices of up to $200 per pound of uranium. It's evident that this will greatly benefit uranium companies, not only the industry giants but also smaller or lesser-known uranium companies with promising projects. Investors should consider companies like IsoEnergy or Cosa Resources.
IsoEnergy - https://www.commodity-tv.com/ondemand/companies/profil/isoenergy-ltd/ - owns uranium projects in the Athabasca Basin in Saskatchewan, as well as in the United States.
Cosa Resources - https://www.commodity-tv.com/ondemand/companies/profil/cosa-resources-corp/ - is also present in the Athabasca Basin.
For current company information and press releases from Cosa Resources (- https://www.resource-capital.ch/... -) and IsoEnergy (- https://www.resource-capital.ch/... -).
In accordance with §34 WpHG, I would like to point out that partners, authors, and employees may hold shares in the companies mentioned, thereby creating a potential conflict of interest. No guarantee is provided for the translation into German. Only the English version of this message is valid.
Disclaimer: The provided information does not constitute any recommendation or advice. The risks associated with securities trading are explicitly mentioned. No liability is assumed for damages resulting from the use of this blog. It should be noted that stocks and especially options investments are generally associated with risks. The total loss of the invested capital cannot be ruled out. All information and sources are carefully researched, but no guarantee is provided for the accuracy of all content. Despite utmost care, errors, especially regarding numerical data and prices, are expressly reserved. The content of linked external pages is also subject to judicial rulings (including, among others, the Hamburg Regional Court in the judgment of May 12, 1998 - 312 O 85/98) as long as there is no explicit distancing from them. Despite careful content control, no liability is assumed for the content of linked external pages. The respective operators are solely responsible for their content. The disclaimer of Swiss Resource Capital AG also applies additionally: https://www.resource-capital.ch/....
Uranium is in demand like never before, leading to significant deals in the uranium market. For example, NexGen Energy has purchased 2.7 million pounds of uranium at a price of over $92 per pound. The Paris Climate Agreement, the United States' liberation from dependence on Russia for uranium, and a persistent uranium deficit all point towards higher uranium prices. The uranium deficit, in particular, could significantly increase, driving up the cost of uranium. By early 2028, no uranium is expected to be imported from Russia. The revival of nuclear power plants demonstrates the urgent reliance on nuclear power.
Because wind and solar energy alone cannot sufficiently reduce CO2 emissions, no country wants to face an energy crisis. Electricity prices are generally high, and nuclear power plants could help lower them. Despite taking a unique path regarding uranium in this country, acceptance of this clean energy source has significantly increased. In fact, it's becoming a necessity to achieve climate goals. Uranium is booming in both emerging and industrialized countries. China, India, France, Japan, and many other nations are planning and constructing new power plants.
Experts in the uranium industry are already predicting prices of up to $200 per pound of uranium. It's evident that this will greatly benefit uranium companies, not only the industry giants but also smaller or lesser-known uranium companies with promising projects. Investors should consider companies like IsoEnergy or Cosa Resources.
IsoEnergy - https://www.commodity-tv.com/ondemand/companies/profil/isoenergy-ltd/ - owns uranium projects in the Athabasca Basin in Saskatchewan, as well as in the United States.
Cosa Resources - https://www.commodity-tv.com/ondemand/companies/profil/cosa-resources-corp/ - is also present in the Athabasca Basin.
For current company information and press releases from Cosa Resources (- https://www.resource-capital.ch/... -) and IsoEnergy (- https://www.resource-capital.ch/... -).
In accordance with §34 WpHG, I would like to point out that partners, authors, and employees may hold shares in the companies mentioned, thereby creating a potential conflict of interest. No guarantee is provided for the translation into German. Only the English version of this message is valid.
Disclaimer: The provided information does not constitute any recommendation or advice. The risks associated with securities trading are explicitly mentioned. No liability is assumed for damages resulting from the use of this blog. It should be noted that stocks and especially options investments are generally associated with risks. The total loss of the invested capital cannot be ruled out. All information and sources are carefully researched, but no guarantee is provided for the accuracy of all content. Despite utmost care, errors, especially regarding numerical data and prices, are expressly reserved. The content of linked external pages is also subject to judicial rulings (including, among others, the Hamburg Regional Court in the judgment of May 12, 1998 - 312 O 85/98) as long as there is no explicit distancing from them. Despite careful content control, no liability is assumed for the content of linked external pages. The respective operators are solely responsible for their content. The disclaimer of Swiss Resource Capital AG also applies additionally: https://www.resource-capital.ch/....
