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Uranium supply is scarce, but demand is rising and shortages are looming.

France is particularly active when it comes to nuclear energy. The French government has now reached an agreement with the state-owned energy supplier EDF on nuclear power prices. This should help to support expansion plans for nuclear power. At the same time, price volatility for consumers is to be reduced. EDF plans to build at least one large nuclear power plant every year in the 2030s. At the same time, there is a future program in France to promote the development of mini reactors. With the exception of Germany, more and more countries are turning to clean energy generation using nuclear power. And since there are bottlenecks from uranium mining to enrichment, it is not surprising that the price of uranium is trending upwards so strongly. Russia is the leader in enrichment. The uranium traded on the commodity markets is available as yellowcake and still needs to be processed. And this transformation to uranium is only carried out by a few companies in the USA, France, Russia and Canada.

Bottlenecks could also arise as a result of political developments in Niger in West Africa. The country is rich in uranium and supplies around 25 percent of the uranium in the European Union. New uranium deposits are needed, but it takes a long time from the discovery of uranium to production, around eight to 15 years. And according to IAEA calculations, almost 60 nuclear reactors are currently under construction worldwide. Just over 400 are currently in operation. The USA, France, China, India and Russia, to name but a few, are all building new nuclear power plants. The demand for uranium will therefore continue to grow, which will benefit uranium companies such as Consolidated Uranium and American Future Fuel.

Consolidated Uraniumhttps://www.commodity-tv.com/ondemand/companies/profil/consolidated-uranium-inc/ – owns uranium projects in Australia, Canada, Argentina and the USA and is currently merging with IsoEnergy.

American Future Fuelhttps://www.commodity-tv.com/ondemand/companies/profil/american-future-fuel-corp/ – owns the promising Ceboletta uranium project in Mexico and is pleased with the good drilling results.

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