Bullboard - Stock Discussion Forum Energy Fuels Ord Shs T.EFR

Alternate Symbol(s): UUUU

Energy

Energy Fuels Inc. is a critical minerals company. The Company is a producer of uranium in the United States. It mines uranium and produces natural uranium concentrates that are sold to nuclear utilities to produce carbon-free nuclear energy. The Company is engaged in the production of advanced rare earth elements (REE) materials, including mixed REE carbonate. It also produces vanadium from... see more

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Energy Fuels Ord Shs > Uranium prices can only go up

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Post by VTR1000 on Aug 31, 2022 3:55pm

Uranium prices can only go up

as nations restart nuclear power plants to deal with growing global energy crisis........

Uranium prices have nowhere to go but up as rising energy costs force the world to embrace nuclear power, according to one fund manager.

In an interview with Kitco News, John Ciampaglias, chief executive officer at Sprott Asset Management, said that an unprecedented energy crisis will continue to push the demand for nuclear power higher. The bullish outlook comes after Japan recently announced that it would restart seven more nuclear reactors, bringing the total number of plants back into operation to 17.
Uranium prices can only go up as nations restart nuclear power plants to deal with growing global energy crisis – Sprott's Ciampaglias | Kitco News

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