Bullboard - Stock Discussion Forum Oberon Uranium Corp C.OBRN

Alternate Symbol(s): OBRUF

Oberon Uranium Corp. is a Canada-based mineral exploration company with a 100% interest in the past producing Lucky Boy Uranium Property located in Arizona, United States. The Company also owns a 100% interest in the Fusion Uranium Zone Project located in the Athabasca Region of Saskatchewan, Canada. The Lucky Boy past producing mine is located in the Dripping Spring Quartzite, a formation... see more

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Oberon Uranium Corp > Some quick insights on the latest trends on Uranium

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Post by sdhaka on Jul 12, 2024 4:32pm

Some quick insights on the latest trends on Uranium

Hey everyone,

Here are some quick insights on the latest trends in uranium and nuclear energy:

- Rising Demand: Global demand for nuclear energy is surging, with states like Tennessee, Virginia, and Michigan pushing for more nuclear initiatives.

- Uranium Prices: Prices have soared to $85.95 per pound, a 68% increase from last year. This is driven by demand, supply constraints, and geopolitical tensions.

-Supply Chain: With Russia producing 35% of the world’s enriched uranium, our supply chain is vulnerable. The World Nuclear Association projects demand could double by 2040.

These were my insights from the research i conducted... i would like to know what you guys think for uranium's future price???

https://www.researchfrc.com/top-picks