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Swiss Resource Capital AG Poststrasse 1 9100 Herisau, Switzerland http://www.resource-capital.ch
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Uranium - supplies scarce, demand high

(PresseBox) (Herisau, )
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Nuclear power has a major role to play when it comes to creating a low-carbon, climate-resistant economy.

Nuclear power is reliable, affordable and safe. There are currently around 440 nuclear power plants in operation worldwide. Around 60 nuclear power plants are currently under construction. These are mainly in China, India, Africa, the Middle East and the rest of Asia. There are around 93 operational nuclear power plants in the USA, which means that they are connected to the electricity grid. In Europe, France has the most nuclear power plants. However, uranium reserves are dwindling. As a result, supplies in the EU are dwindling, including in the USA, while demand is rising at the same time. This is because there is a shift towards low-carbon energies and fossil fuels are being reduced.

The other issue is security of supply, which has taken on a new significance since the war in Ukraine. Solar and wind power alone cannot meet the energy demand. Japan, for example, which currently only generates seven percent of its energy from nuclear power, wants to significantly increase this area. By 2030, the proportion of nuclear power is set to increase to between 20 and 22 percent. While there was an oversupply on the uranium market just a few years ago, the situation is different today. According to the World Nuclear Association, around 180 million pounds of uranium are needed annually, but less than 145 million pounds of uranium are produced.

Kazatomprom, the world's largest uranium producer, has therefore cut back production in recent years. Now, however, significantly more uranium is to be produced from 2025. Anyone wishing to participate in the almost historic change in the uranium market can look at uranium companies such as Uranium Energy or American Future Fuel.

Uranium Energy - https://www.commodity-tv.com/ondemand/companies/profil/uranium-energy-corp/ - is looking forward to record sales in 2023, is debt-free and has uranium projects in Canada and the USA. It also has various uranium interests. And it is the largest North American uranium company.

American Future Fuel - https://www.commodity-tv.com/ondemand/companies/profil/american-future-fuel-corp/ - has a 100 percent stake in the Cebolleta uranium project in the USA. This is located in an outstanding mineral belt.

Current company information and press releases from Uranium Energy (- https://www.resource-capital.ch/en/companies/uranium-energy-corp/ -) and American Future Fuel (- https://www.resource-capital.ch/en/companies/american-future-fuel-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.

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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.