NUSCALE POWER CORPORATION
Commented by André Will-Laudien on January 16th, 2025 | 07:00 CET
The energy year 2025! Uranium stocks such as Oklo, NuScale and F3 Uranium are in high demand, as are Nel ASA and Plug Power
In 2007, a pound of uranium occasionally cost more than USD 140 per pound before a long decline in prices began. With the outbreak of the Fukushima disaster in 2011, the mood against nuclear power reached its peak and forced the uranium price even below USD 50. Since the "NetZero" wave, however, it has been rising unchecked because, according to the World Energy Agency, nuclear power is now once again being classified as environmentally friendly compared to fossil fuels. Currently, 439 reactors are operational worldwide, with 64 under construction and 88 planned. Uranium demand is, therefore, set to rise by a good 30%, which is not a good sign for the hydrogen industry because this is where government investment is urgently needed. F3 Uranium has extensive concessions in the world's largest uranium mining district: the Athabasca Basin. The industry is preparing for the coming supply shortage with acquisitions and purchases. Good returns are on offer for risk-conscious investors.
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