Uranium investments could pay off

Apart from Germany, many EU member states are building new nuclear power plants. A rethink could also begin in this country, because independence from energy supplies from other countries wants to be achieved. Nuclear energy can also serve as a bridging technology for climate targets, because wind and solar energy are not sufficient to meet the immense and constantly growing demand for energy. The Corona period provided only a temporary slight decrease. This is because energy consumption normally increases by about 2.1 percent a year, so that even faster than climate-friendly energy producers are added.

So the number of nuclear power plants is rising worldwide, because nuclear power will be a significant component of the global energy supply in the coming years. And nuclear energy is the alternative to fossil fuels. For example, one pound of uranium can generate as much energy as around 750 tons of coal. This also increases uranium demand, which should please uranium companies. In the last five years, uranium has already risen significantly in price, and if the increasing number of nuclear power plants and the growing need for non-fossil fuels continue, positive times should be ahead for uranium companies.

This is true, for example, of Labrador Uranium or Consolidated Uranium - https://www.youtube.com/watch?v=1-Zilt9gkcs&t=5s -. The latter owns seven nearby uranium projects in Australia. Other projects of the company are located in Canada, Argentina and the USA.

Labrador Uranium - https://www.youtube.com/watch?v=rOciCSRszT8&t=1s - is engaged in exploration and development of uranium projects in Canada.

Current company information and press releases from Labrador Uranium (- https://www.resource-capital.ch/de/unternehmen/labrador-uranium-inc/ -) and Consolidated Uranium (- https://www.resource-capital.ch/de/unternehmen/consolidated-uranium-inc/ -).

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