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Uranium 101: Understanding Just How Big & Where Demand Comes From

Interview with Siobhan Lancaster, CEO/MD of 92 Energy Ltd. Our previous interview: https://www.cruxinvestor.com/posts/92... Recording date: 11th October 2023 We're glad to have Siobhan Lancaster again this time to discuss the global demand for uranium. Siobhan provides an overview of where current nuclear power production comes from, with the US as the largest producer followed by China and France, and notes that most major nuclear power producers are not significant uranium suppliers themselves. Factors driving increased demand for nuclear power are discussed, including energy security, affordability compared to alternatives like gas, small footprint, and new small modular reactor (SMR) technologies. They examine nuclear growth forecasts, arguing the World Nuclear Association's projections are conservative given the potential for rapid SMR adoption. Key countries covered include the US, which has bipartisan support for extending the lifespan of reactors and developing SMRs; China, which plans to greatly expand its reactor fleet; Japan, restarting reactors post-Fukushima; and new entrants like Saudi Arabia. Siobhan concludes that nuclear demand is likely to exceed forecasts and highlights the crucial significance of uranium within the context of nuclear energy. View 92 Energy Company Profile: https://www.cruxinvestor.com/companie... Sign up for Crux Investor: https://cruxinvestor.com