For a long time, uranium was not very popular. But today, with the immense prices for fossil fuels and the necessary climate change, the picture has changed. Uranium and nuclear power plants have become respectable again and they are environmentally friendly. The supply of uranium lags far behind the demand. It is estimated that uranium demand will increase by 27 percent by 2030. The sword of Damocles of the energy crisis hangs over Europe and especially Germany. Whether there will be problems with heating and power supply this winter is anyone’s guess.

Renewable energy, all well and good, but more is needed to meet demand. This could make uranium shares a lucrative investment. Because there’s pretty much consensus, uranium is going to go up in price because it’s getting scarcer. France is building new power plants and Germany is extending the lifetimes of two nuclear power plants. In addition, the construction of new reactors is progressing worldwide. Even Japan wants to rely more on nuclear power. There are nuclear power plants in 14 EU countries. Poland is planning to build its first reactor, with five more to come. Bill Gates and Warren Buffett are also investing in nuclear power. The turning point for the uranium industry seems to have arrived. Uranium companies such as IsoEnergy or Consolidated Uranium can look positively into the future.

IsoEnergy owns 100 percent of several prospective uranium projects in the eastern Athabasca Basin in Saskatchewan.

Consolidated Uranium – https://www.youtube.com/watch?v=1-Zilt9gkcs – has uranium projects in its portfolio in Australia, Canada, Argentina and the USA. This includes a package of previously producing uranium and vanadium mines in Utah and Colorado.

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

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