Number of nuclear power plants worldwide continues to rise – uranium is in demand

 

Renewable, local and climate-friendly energy generation has taken on a new significance today.

Interest in nuclear power and uranium is high, especially since the Russian invasion of Ukraine. Independence from Russian energy sources is the focus of many countries. Supply difficulties exist, so more uranium mines will also resume operations. In this respect, a change has taken place from the time of the nuclear disaster in Fukushima to today’s increasing acceptance of nuclear energy, not least from a climate perspective. And for the motivation to tackle new uranium projects to increase, the price of uranium would probably have to go up even further. And this could happen if the raison d’être of uranium and nuclear power plants is perceived more strongly as a green investment. For example, some industry experts are predicting a uranium price well above the 100 US dollar mark per pound of uranium this year. It should therefore not be too late to invest in the uranium sector, especially for long-term investors.

A possible short-term fall in the price of uranium would not change the longer-term outlook. Virtually everyone is convinced that demand for uranium is rising, and supply is already too tight. The only thing that could put an end to the upward trend in uranium prices would be another catastrophe similar to the one that occurred in Chernobyl. However, nuclear power plants have become safer since then. Russia has banned the export of enriched uranium to the USA. On top of this, Trump has threatened to impose tariffs on imports from Canada, which should drive the price of uranium even higher. Investors can react to the uranium sector by investing in Cosa Resources, for example, or in the only royalty company in this sector.

Cosa Resourceshttps://www.commodity-tv.com/ondemand/companies/profil/cosa-resources-corp/ – owns high-grade uranium properties in the Athabasca Basin in Saskatchewan. These are mostly located within or adjacent to established uranium corridors.

With Uranium Royaltyhttps://www.commodity-tv.com/ondemand/companies/profil/uranium-royalty-corp/ -, investors also get the diversification inherent in a royalty company.

Current company information and press releases from Cosa Resources (- https://www.resource-capital.ch/en/companies/cosa-resources-corp/ -) and Uranium Royalty (- https://www.resource-capital.ch/en/companies/uranium-royalty-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/.

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