The USA has imposed an import ban on uranium from Russia. And so it is no wonder that uranium is in short supply with the global boom in nuclear power. Uranium should therefore become more expensive. The number of new nuclear power plants is constantly increasing and they all need uranium. After the uranium price had been flat for a long time, there was little investment in the uranium market and mines were shut down. Many, for example Citibank, are therefore forecasting a 68 percent higher uranium price for 2025. This should please the uranium companies. In addition, major economies have promised to triple their nuclear power capacities by 2050. According to the International Atomic Energy Agency, global uranium demand is expected to exceed 100,000 tons by 2040. That would be double the current global production volume. Far-sighted uranium companies are prepared for further developments on the uranium market.

Cosa Resources – https://www.commodity-tv.com/play/mining-news-flash-with-calibre-mining-cosa-resource-vizsla-silver-and-us-goldmining/ – has acquired two additional properties in the Athabasca Basin in Saskatchewan in addition to its existing uranium projects.

Uranium Energy – https://www.commodity-tv.com/play/mining-news-flash-with-goldmining-and-uranium-energy/ – is also well prepared with its high-grade projects in Canada and the USA. The projects in the USA are cost-effective and environmentally friendly in-situ recovery projects. Production has just been successfully resumed in Wyoming, with uranium concentrations in line with expectations.

Current company information and press releases from Cosa Resources (- https://www.resource-capital.ch/de/unternehmen/cosa-resources-corp/ -) and Uranium Energy (- https://www.resource-capital.ch/de/unternehmen/uranium-energy-corp/ -).

In accordance with §34 WpHG, I would like to point out that partners, authors and employees may hold shares in the companies mentioned and that there is therefore a possible conflict of interest. No guarantee for the translation into German. Only the English version of this news is valid.

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