Interview
@CNBCTheExchange
with
@KellyCNBC
:
1. Game changing Microsoft/Constellation AI power deal at Three Mile Island.
2. New financial institutions pledge to
#nuclear
plant financing.
3. $UEC acquisition of Rio Tinto’s Wyoming assets 👇
NASA confirms plans for nuclear-powered mission to Mars 🚀
👉
With advanced
#nuclear
thermal propulsion technology astronauts could journey to & from deep space faster than ever, a major capability to prepare for crewed missions to Mars.
Nuclear rocks!
U.S. facing ‘real national security threat’ over ‘too much’ Russian energy dependence.
@FoxBusiness
@MorningsMaria
Thank you
@MariaBartiromo
for having me on today to discuss America's addiction to Russian
#nuclear
fuel & what we can do about it!
$UEC
Thank you
@MariaBartiromo
for having me on your show this morning.
-
#uranium
is a critical energy commodity
- no uranium mining in U.S. = national security issue
- heavy dependence on Russia for supplies
- proposed bill in U.S. Senate/House to ban Russian imports
@FoxBusiness
Iranian women are at the forefront of fighting against Islamic gender apartheid, rebutting the myth that the hijab is a Persian tradition. If any tradition needs defending 24 hours a day by armed men who have to beat people to embrace it, then it deserves to perish.
My op-ed: A Case for Nuclear As the Most Efficient Form of Clean Energy.
"the most efficient net-zero power grid requires
#nuclear
energy.
#Uranium
currently provides over 50% of America's
#carbon
-free power.
Here's the link >>
Call for support for LEGO nuclear power plant!😎
A LEGO fan has designed a model of
#nuclear
power plant & put it forward for possible production by
@LEGO_Group
5k supporters needed for next production milestone, now at 2.3k,
@i_sodope_
make this go!
➡️
Bill Gates' TerraPower says they won't use Russian uranium for their Kemmerer Wyoming reactor.
“TerraPower is actively investing in the domestic supply chain for its fuel and working with elected leaders to develop more support for American enrichment."
My interview w
@MariaBartiromo
on
@FoxBusiness
:
- Nuclear Power is the largest source of clean energy and growing
- Decarbonization goals + electric vehicles = increase demand for baseload electricity
- Doubling of uranium development is needed to avoid supply disruptions
$UEC
U.S. Department of Energy has released a report showing hundreds of U.S. coal power plant sites could convert to nuclear power plant sites, adding new jobs, increasing economic benefit, and significantly improving environmental conditions.
via
@energygov
U.S.
#nuclear
reactor fleet provides ~20% of America's electricity & over half of its clean energy.
60% of U.S. uranium requirements imported from Russia/Kazakhstan/Uzbekistan, this overdependence creates untenable energy & national security risks that need immediate attention.
#NuclearPower
is the largest source of carbon-free
#electricity
in the U.S.
Latest $UEC news of development drilling at Burke Hollow ISR project dovetails with our plans to supply U.S.
#Uranium
Reserve, a 10yr, $1.5 billion
@Energy
program to buy newly mined U.S. origin uranium.
America has the world’s largest nuclear fleet w 98 reactors. But, in 2019, US mined
#Uranium
won’t supply the needs of even one!
Is overdependence on imports a
#NationalSecurity
risk?
Could a US uranium price emerge?
@realDonaldTrump
decides!
Watch:
Uranium is one of the best performing commodities, yet today's spot price is not incentivizing major supply side growth. With global demand at 200M pounds this year, mining supply at only 135M pounds, and threat of Russian sanctions, we should much stronger
#uranium
prices.
“Nuclear power has opened the solar system to exploration... and will help revolutionize our understanding of the solar system and beyond and play a crucial role in enabling long-term human missions to the Moon and Mars.” Dr. Thomas Zurbuchen
@NASAglenn
Finally!! $UEC!
Biden Administration Proposes Plan to Transition Away from Russian Nuclear Fuel Supply
DOE has asked Congress for approval to purchase $3.5 billion of low-enriched uranium (LEU = uranium, conversion+enrichment) to incentivize new fuel cycle capacity in the USA.
Bloomberg’s take on
#uranium
:
“Uranium stocks are on a roll, far outperforming the broader market in a scorching summer for the industry. And those gains look set to continue as the global energy crisis draws attention to uranium’s role in producing clean energy.”
@business
Tesla CEO
@elonmusk
: "
#electricity
consumption will double if the world's car fleets are electrified, increasing the need to expand
#nuclear
, solar, geothermal & wind energy generating sources"
#CarbonFree
nuclear & demand for uranium will benefit:
EIA
Oliver Stone Goes
#Nuclear
@wef
. Davos crowd appeared eager to listen, apparently theater screening “Nuclear Now!" was packed to the point of attendees sitting on the floor.
Film's premise = nuclear is the only existing technology that could meaningfully lower carbon emissions.
US natural gas futures hit $10 for first time since 2008, driven by concern that global stockpiles aren't enough to meet winter demand. Supply crunch has worsened by Russia's invasion of Ukraine. Combo to watch: Winter is coming,
#uranium
supply crunch & Russian U3O8 import ban.
#Goldman
Sachs, appropriately, calls
#gold
the “the haven of last resort” while raising their price target for the yellow metal to $1,800.
In a nutshell, 1) coronavirus, 2) depressed real rates, 3) increased focus on the U.S. election = growing demand for gold as a haven.
Uranium Energy Corp Restarting 100% Unhedged Uranium Production in Wyoming 🇺🇸
- First production expected by Aug2024
- Funded with existing cash on balance sheet
- Produced
#uranium
will be sold at prevailing spot market prices which was $106/lb on Jan 15
Another milestone: U.S. Gov is officially in the market to buy U.S. mined
#uranium
. Initial purchase only for 1M lbs, but this is just the start!
"The uranium shall be provided by a vendor that has produced uranium at a domestic uranium recovery facility.
2006
#uranium
bull market was ignited w news of Cigar Lake mine flooding, delaying 18M lbs of U entering the market as new supply, today's
@Sprott
news of adding $1B to their ATM means 20M+ lbs of new buying! All supported by best fundamentals in the
#uranium
market in a decade!
Thank you
@CNN
@questCNN
for the opportunity to discuss:
- $UEC
@UraniumEnergy
plans as a leading western supplier of
#uranium
-
#nuclear
power’s central role in emission free electricity
- the need for the west to diversify away from Russian & former Soviet Union fuel sources👇
"I have never seen, in my 18 years, this much support from Washington for nuclear energy on a bipartisan basis."
@UraniumEnergy
CEO
@AmirAdnani
discusses nuclear energy investment as Russia's invasion puts the world in an energy crunch.
.
@UraniumEnergy
$UEC is pleased to announce the acquisition of Uranium One Americas, Inc. from Uranium One, which is the world’s fourth largest
#uranium
producer and part of Russia’s State
#NuclearEnergy
Corporation, Rosatom.
Big win today for
#nuclear
power = Big win for Climate !
The
@EUparliament
voted 328 - 278 in favour of the climate, in favour of keeping nuclear in the EU taxonomy!!
First it was Bill Gates, then Elon Musk and Sam Altman, now Citadel’s billionaire founder Ken Griffin calling for western nations to step up investment in
#NuclearEnergy
as a way to decarbonize the world.
“China is one of the few countries making a huge investment in nuclear
Bloomberg is reporting that Tenex, a Russian state-owned uranium company, is warning American customers (Constellation, Duke, Dominion) that the Kremlin may preemptively bar exports of its nuclear fuel to the US if lawmakers in Washington pass legislation barring imports of it.
This is big!
G7 to support nuclear for climate, security
Ironic G7 leaders are on German soil to announce one of the most consequential decisions in support of
#nuclearPower
, in a long time.. surely western
#uranium
supplies will be needed for this plan.
“It is absolutely imperative that we cut off all Russian imports, including uranium. Every dollar we send to Russia is a dollar used to continue to attack innocent people in Ukraine. Wyoming has more than enough uranium to fill this gap"
@SenLummis
JPMorgan says be ready for 40% Commodities Rally to go far into record territory, as investors boost
their allocation to raw materials at a time of rising inflation.
#uranium
#gold
#copper
7 billion people in the world, 9 billion in 20 yrs. Desperate air quality in Asia is THE driver for
#CarbonFree
electricity =
#NuclearPower
construction at record pace & “never seen before”
#Uranium
demand.
#NuclearEnergy
growth @ 25yr high! $UEC
Video:
Spot
#uranium
market has certainly evolved past being slow and boring!
Today, Uranium Markets' bid/ask: $46.00/$50.00
Yesterday morning, same time was: $37.00/$38.00
Microsoft is exploring the potential deployment of large numbers of advanced
#nuclear
units, according to
@SPGlobal
Microsoft is "intensely interested" in small modular reactors, as it consumes gigawatts upon gigawatts of electricity for its datacenters!
Ban Russian
#uranium
imports with
@SenJohnBarrasso
proposed bill in U.S. senate, has bipartisan support!
@TeamCavuto
thank you for having me on your show:
1) Russia’s leverage over U.S. nuclear plants should end,
2) $UEC acquisition of
#UraniumOne
, 🇺🇸 U3O8
Spot
#uranium
trades $52.75, next offer is $53/lb.
Grinding higher. Most, almost all, of today's buying interest has been for U.S. settlement. If we get Russian sanctions, U.S. warehoused
#uranium
will move to premium pricing.
Spot
#uranium
bid is now $52/lb. (
#UraniumMarkets
)
Good to have momentum in the physical market heading into next week’s
@WorldNuclear
symposium, which is normally a catalyst to break the summer doldrums for the
#nuclear
industry.
“Lift off” report by
@ENERGY
on a pathway to triple U.S.
#nuclear
capacity!🇺🇸 That's right, 'Triple'!!
One of the most bullish & forward-thinking energy reports on net-zero planning.
Conclusion: U.S. nuclear capacity has the potential to scale from ~100 GW in 2023 to ~300 GW
$UEC has no debt and over $180 million of cash and liquid assets, including U.S. warehoused physical
#uranium
.
@UraniumEnergy
is the second most liquid uranium equity listed in America 👇and we have the Largest Diversified Portfolio Focused in North America
@NYSE
#NuclearPower
Today's sell off in
#uranium
and uranium equities felt like a classic case of "throw out the baby with the bath water". Selling was triggered by disappointing earnings reports out of Anglo American and Freeport (none
#uranium
producers) which took spot
#uranium
down ~5% to $60😕
Spot
#uranium
bid/ask starts day @ $48/$48.75
@Sprott
Uranium trading @ premium to net-asset-value (for first time in a while), be interesting to see if we clear $50/lb. by end of this week (it is summer doldrums after all!).
Stunning Japanese policy shift with going
#nuclear
.
Nasdaq sliding more than 5%.
Total bloodbath in the markets.
Spot
#uranium
up $0.25 to $54.00/lb as reported by UxC.
Inelastic and growing demand + low global production leaves a supply gap that should cause the
#uranium
sector to decouple from the “sell everything” market.
Is the
#uranium
sector still hated?! Spot uranium is up over 25% in the last 2-weeks, making it the best performing commodity. Despite this big move, spot U is still below incentive price for miners to build new projects
Perspective: $39/lb today vs. all time high $140/lb 2007
80+ Russian missiles fired @ targets across Ukraine today, hitting a playground & other civilian infrastructure in Kyiv, killing at least 10 people.
Is it right to keep buying Putin’s
#uranium
& finance his war machine?
ReTweet 2 ban Russian Uranium Imports.
@SenJohnBarrasso
This is big:
UK ministers will put nuclear power at the heart of Britain’s strategy to reach net zero carbon emissions by 2050 in government documents expected as early as next week.
.
@elonmusk
it would be very timely to have you speak at the upcoming Nuclear Energy Institute's International
#Uranium
Fuel Seminar on October 17th
@CaesarsPalace
or virtually by video. Please confirm.
@NEI
please re-tweet this or send out an official invite to Mr. Musk!
@CNBC
U.S. Dept of Energy is making history with 'notice of intent' plans for domestic
#HALEU
acquisition.
@ENERGY
is aiming to prioritize domestic
#Uranium
, using U.S. located physical capacity. Scope of work states “must come from newly mined uranium”
New demand= 2.6M lbs🇺🇸U3O8/yr👇
Spot
#uranium
bid was $37 this morning, $39/lb. now traded. $U.UN having a big day and $YCA trading at double digit premium, should be buying physical soon.
This is worth paying attention to,
@U3O8TradeTech
is just reporting that changes to Canadian Regulations on Special Economic Measures on Russia is complicating a shipment of Russian nuclear fuel intended for delivery to USA on a Canadian Class 7 Vessel in St. Petersburg.
#uranium
Are we ready to welcome uranium prices to $60-land? Seems like spot price has move 10%+ in two hours to go from under $54 per pound to almost $60 per pound. This is in response to possible Russian uranium and nuclear fuel sanctions. We’ll tomorrow.
Spot
#uranium
price just got published by UxC @ up 0.75 to $48.50
Meanwhile uranium stocks down 5-10%, which I can't make any sense of.
Happy Canadian Thanksgiving! 🇨🇦🦃
Arguably one of the year's biggest news stories for US
#Uranium
: Yesterday
@CommerceGov
Uranium action could accelerate a rise in US
#U3O8
production & pricing! With fully permitted low-cost ISR projects in Texas & Wyoming,
@UraniumEnergy
$UEC plans to lead US production higher.
Can’t think of better two people to have lunch with today than
@Sprott
CEO Peter Grosskopf and Rick Rule. Their vision for $U.UN has introduced much needed daily price discovery/liquidity to what has historically been an opaque
#uranium
market. 👏 to Peter, Rick and Sprott team!
Great meeting today
@GovernorGordon
in Cheyenne discussing:
1) $UEC acquisition of
#UraniumOne
& our commitment to lead the resurgence in U.S.
#uranium
2) Wyoming has what U.S. needs to fuel emission free electricity +🔋security
3) Ban Russian uranium imports
@SenJohnBarrasso