A new reactor has gone into operation in the USA

And this should only be the beginning of a new era. Nuclear energy is a low-CO2 energy source, and it is back in the spotlight. About three years ago, the US Department of Energy announced that nuclear energy would be promoted. If the last unit of the new reactor is still operating, it will be the largest nuclear power plant of its kind in the US. Already, the U.S. has the most nuclear reactors in the world.

In China, the decision has been made to build six new nuclear power plants. This is expected to cost 16 billion euros. Uranium demand will grow, so uranium is likely to become more expensive. In addition, the coup in Niger, a major uranium supplier country recently caused concern. France, a country that relies heavily on nuclear energy, gets 20 percent of its uranium imports from the Sahel country. For some time, global demand for uranium has outstripped supply. Almost all the world relies on nuclear energy, with Germany being an exception. Energy is needed for the expansion of electromobility, plus energy insecurity caused by the Ukraine war.

The number of existing or planned nuclear power plants is also higher today than ever before. This will result in enormous demand for uranium. Whether developing countries, emerging economies or established large economies, people are turning to nuclear power. For investors, this may offer lucrative opportunities. Anyone looking to add a uranium company to their portfolio should take a look at IsoEnergy or Latitude Uranium.

IsoEnergy – https://www.commodity-tv.com/ondemand/companies/profil/isoenergy-ltd/ – has high-grade projects in the eastern Athabasca Basin in Saskatchewan.

Latitude Uranium – https://www.commodity-tv.com/ondemand/companies/profil/latitude-uranium-inc/ – is developing uranium projects in Labrador and Nunavut.

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Current corporate information and press releases from IsoEnergy (- https://www.resource-capital.ch/en/companies/iso-energy-ltd/ -) and Latitude Uranium (- https://www.resource-capital.ch/en/companies/latitude-uranium-inc/ -).

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