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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 price high in the long term

(PresseBox) (Herisau, )
In the long term, experts are talking about a uranium price of $65 per pound or even more.

In many regions, the entry or expansion of nuclear energy is being pursued. Even celebrities like Bill Gates (Microsoft founder) or Warren Buffet want to build hundreds of nuclear power plants. Because climate protection does not work without them. Thus, uranium could develop into an extremely sought-after raw material and offer investors some lucrative opportunities. According to industry insiders, the price of uranium may return to triple digits in the coming years. This is because there is a threat of a supply deficit.

The fact that Russia is a major player in the uranium business is often overlooked. According to the World Nuclear Association, Russia supplies around 35 percent of global demand. Incidentally, the state-owned company Rosatom was founded by Vladimir Putin in 2007. The U.S. operates the most reactors, followed by France, which gets 70 percent of the electricity it needs from nuclear power. And France is closely intertwined with the Rosatom corporation, the main supplier of uranium being Kazakhstan. Russian reactors are also built in Saudi Arabia, China and Turkey. Rosatom also supplies the USA with fuel rods for small modular reactors (SMR). The US nuclear authority understandably wants to become more independent.

In Quebec and Nunavut, Utah and Colorado, as well as in Australia and Argentina, for example, Consolidated Uranium - https://www.youtube.com/watch?v=tAZP4Xrc-0M - has built up a substantial portfolio of uranium properties.

Labrador Uranium - https://www.youtube.com/watch?v=S5hRQCfVWnU - owns 100 percent of the uranium projects in New Zealand and Labrador. Drilling is in full swing.

Current corporate information and press releases from Labrador Uranium (- https://www.resource-capital.ch/en/companies/labrador-uranium-inc/ -) and Consolidated Uranium (- https://www.resource-capital.ch/en/companies/consolidated-uranium-inc/ -).

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 is solely responsible for the press releases above, the event or job offer displayed, and the image and sound material used (see company info when clicking on image/message title or company info right column). As a rule, the publisher is also the author of the press releases and the attached image, sound 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.