An introduction to Uranium.
2)#Uranium is a very different fuel unlike #coal & #gas that are burned "as is" in #electricity power plants.
#Nuclear fuel needs to be specially processed and then packaged into fuel rods that are then loaded into reactors to generate #CarbonFree electricity.
#Nuclear fuel needs to be specially processed and then packaged into fuel rods that are then loaded into reactors to generate #CarbonFree electricity.3) Mined #Uranium
is processed into drums of Yellow Cake #U3O8
that in the West are shipped
to plants in Canada, US & France for "Conversion" into a gas form called #UF6 which is then shipped in cylinders to plants in US & Europe for "Enrichment" into #Nuclear fuel
is processed into drums of Yellow Cake #U3O8that in the West are shipped to plants in Canada, US & France for "Conversion" into a gas form called #UF6 which is then shipped in cylinders to plants in US & Europe for "Enrichment" into #Nuclear fuel4)Enriched #Uranium (EUP) is then shippedto fuel fabrication plants where it's processed into solid "Pellets" that are loaded into reactor fuel rods which are bundled into "fuel assemblies" ready to be shipped to #Nuclear power plants for loading into reactors
to fuel fabrication plants where it's processed into solid "Pellets" that are loaded into reactor fuel rods which are bundled into "fuel assemblies" ready to be shipped to #Nuclear power plants for loading into reactors5)These stages of #Uranium processing are together called the "#Nuclear Fuel Cycle".
Operators of reactors must sign contracts
with companies providing Mining, Conversion, Enrichment, Fuel Fabrication, and as well must arrange shipments between each facility.
Operators of reactors must sign contractswith companies providing Mining, Conversion, Enrichment, Fuel Fabrication, and as well must arrange shipments between each facility.6) As #Uranium, UF6 & EUP have to be shipped to facilities in various locations worldwide
for processing at each #Nuclear fuel cycle stage, it can take 2 years or more from initial delivery of mined #U3O8 to finished reactor fuel assemblies that are ready to load.
for processing at each #Nuclear fuel cycle stage, it can take 2 years or more from initial delivery of mined #U3O8 to finished reactor fuel assemblies that are ready to load.7)#Nuclear utilities normally sign contracts for the manufacture of #Uranium fuel starting with Fuel Assemblies then working backwards thru Enrichment SWU, Conversion then finally mined #U3O8 needed to feed the whole cycle as last domino to fall in the contracts chain
starting with Fuel Assemblies then working backwards thru Enrichment SWU, Conversion then finally mined #U3O8 needed to feed the whole cycle as last domino to fall in the contracts chain8)#Russia's invasion of #Ukraine
first led to #Uranium Enrichment SWU & Conversion prices more than doubling in 2022
in a price wave
that's cascaded up thru #Nuclear fuel stages, finally arriving at mined #U3O8last year with Spot price breaching $100/lb this year
first led to #Uranium Enrichment SWU & Conversion prices more than doubling in 2022 in a price wavethat's cascaded up thru #Nuclear fuel stages, finally arriving at mined #U3O8last year with Spot price breaching $100/lb this year9)The price wave from a surge in demand for non-Russian enriched #Uranium in the West
can only crest and come crashing onto the beach
when there is ample new supply of mined #U3O8 to meet the West's soaring demand for #Nuclear fuel to achieve #EnergySecurity
can only crest and come crashing onto the beach when there is ample new supply of mined #U3O8 to meet the West's soaring demand for #Nuclear fuel to achieve #EnergySecurity10)But there's a problem.
#Uranium prices fell off a cliff after Fukushima in 2011.
New mine projects were cancelled
many mines were closed
and investment in exploration dried up 
even tho #Nuclear fuel demand was rising year after year!
#Uranium prices fell off a cliff after Fukushima in 2011. New mine projects were cancelled many mines were closed and investment in exploration dried up even tho #Nuclear fuel demand was rising year after year!11)Demand for safe, 24/7 reliable #CarbonFree #Nuclear power is now highest in 3 decades. More than 25 nations pledged at #COP28
to TRIPLE global Nuclear capacity by 2050
to achieve #NetZero & #EnergySecurity.
62 new reactors are under construction!
More than 25 nations pledged at #COP28 to TRIPLE global Nuclear capacity by 2050 to achieve #NetZero & #EnergySecurity. 62 new reactors are under construction!12) There's a massive #Uranium supply deficit stretching out for many years ahead that cannot be quickly fixed
due to production & supply chain issues and insufficient restarting & new mines which take many years to come online while today's mines are in decline.
due to production & supply chain issues and insufficient restarting & new mines which take many years to come online while today's mines are in decline.13)#Nuclear utilities drew down inventories & delayed purchases of new #Uranium fuel.
Now, with prices surging in a pivot away from Russia amidst the drive to achieve #EnergySecurity & #NetZero emissions there's 2.3 Billion lbs #U3O8 in contracts yet to be signed
Now, with prices surging in a pivot away from Russia amidst the drive to achieve #EnergySecurity & #NetZero emissions there's 2.3 Billion lbs #U3O8 in contracts yet to be signed14)With #Uranium stockpiles depleted amidst a slow & insufficient supply response #U3O8 prices are poised to surge higher for many years to come.
This is the once-in-a-lifetime #investing opportunity on offer today by U #mining #stocks.
amidst a slow & insufficient supply response #U3O8 prices are poised to surge higher for many years to come.This is the once-in-a-lifetime #investing opportunity on offer today by U #mining #stocks.
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