Post by
lithomon on Mar 30, 2022 2:37am
Russia Ponders a Ban on Uranium Exports
High probability the Uranium Ban will happen.
There are definitely a good handful of Uranium miners and developers that are listed on Canadian exchanges and developing global Uranium deposits that will need to fast track to production operations. Global Atomic comes to mind (GLO). Ironically, the President of GLO has a direct family connection to the "founder" of Denison Mines, five or six decades ago.
In the event of a Russian Uranium ban, in addition to the need for a high rate of Uranium development by Canadian companies, the pace of other Green Energy deposits like Lithium developers in Canada will need to accelerate plans to production of battery Lithium compound and get EV's in the hands of drivers globally, especially Europe (Germany) and get off Russian energy fuels.
Frontier Lithium (FL) comes to mind, multiple high grade Lithium deposits in mining friendly Northern Ontario region with excellent proximity to Great Lakes shipping corridor (i.e. Michigan and Windsor EV battery gigafactories).