First American Uranium Inc FAUMF

Planned Nuclear Power Projects Rising World-Wide

[StockHawk1]

The global nuclear power industry is witnessing a surge in planned projects, despite Germany's move away from nuclear energy. Oil-producing countries are increasingly turning to nuclear power for energy security, leading to soaring uranium prices.

Source: https://themarketswatch.com/business/why-oil-producing-nations-are-turning-to-nuclear-energy-global-trends-amidst-germanys-renewable-focus/

Amidst this surge in planned uranium projects, First American Uranium (URM.c FAUMF), an exploration company, aims to strengthen the US uranium supply chain.

Their Red Basin Project in New Mexico shows promising indications of uranium/vanadium deposits and has the potential to become an advanced stage project. 

URM also recently raised funds for the development of their properties, new projects, acquisitions, marketing, and working capital.

 For more information about First American Uranium, visit their website: https://firstamericanuranium.com/

 

[waves1]

URM is well positioned to become a significant source for the US uranium supply chain with its Red Basin Project - I'm eager to see how the project develops as work progreses given the latest estimated resource was between 1.5 and 6.5 million pounds U3O8