Now the focus is on cooperation between governments, the financial world, the energy sector and the technology sector. In the United Arab Emirates, for example, the Barakah nuclear power plant has now started commercial operation. It should be able to cover up to 25 percent of the UAE’s electricity requirements. A US uranium enrichment plant costing several billion dollars is to be built in Tennessee. The uranium industry is at a crucial moment. The number of nuclear power plants continues to grow, and the acceptance of nuclear power that was often lacking in the past is now a given. 60 reactors are under construction worldwide and a further 110 are planned. The amount of uranium required will also increase as a result of this development. The era of low uranium prices is already a thing of the past. The most important uranium producer is Kazakhstan. But there are also rich uranium deposits in Canada and Saskatchewan. IsoEnergy and Cosa Resources, for example, are represented here with their projects.
Cosa Resources – https://www.commodity-tv.com/ondemand/companies/profil/cosa-resources-corp/ – has acquired two additional properties in the Athabasca Basin in Saskatchewan in addition to the existing uranium projects and now owns around 216,000 hectares of land.
IsoEnergy – https://www.commodity-tv.com/ondemand/companies/profil/isoenergy-ltd/ – has outstanding uranium projects in various stages of development in Canada, Australia, Argentina and the USA.
Current company information and press releases from Cosa Resources (- https://www.resource-capital.ch/en/companies/cosa-resources-corp/ -) and IsoEnergy (- https://www.resource-capital.ch/en/companies/iso-energy-ltd/ -).
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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