First American Uranium Inc C.URM

URM.c shares uranium market fundamentals & opportunity in US

[StockHawk1]

Uranium spot prices have been steadily trending up for years, recently reaching their highest levels in over a decade, with demand for uranium expected to continue rising while secondary supplies decline. 

First American Uranium (URM.c FAUMF) released a solid article today on uranium market fundamentals and the opportunity in the US-Sector

https://ca.finance.yahoo.com/news/first-american-uranium-provides-uranium-130000805.html

URM sees growth opportunities in uranium exploration and mining in the US, as nuclear energy is expected to increase by up to 80% by 2040 to meet decarbonization targets, according to the International Energy Agency (IEA).

Plus, the US government is supporting the nuclear industry, with the Biden administration establishing a $6 billion fund to keep nuclear plants running, and the recent Inflation Reduction Act including several tax incentives for clean energy technologies.

URM controls The Red Basin uranium/vanadium Project which is located in Catron County, New Mexico.

 

[waves1]

This was a very insightful overview from URM to demonstrate the significant opportunity they are positioned to capitalize on with anywhere from 1.5 to 6.5 MILLION pounds U3O8 at the Red Basin Project!