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Uranium 101: Understanding the Uranium Investing Landscape

Interview with Siobhan Lancaster, CEO/MD of 92 Energy Ltd. (ASX: 92E) Recording date: 5th October 2023 Today, we're very lucky to welcome Siobhan Lancaster to the Energy Show roster to take us through a beginners / refreshers guide to Uranium Supply. A uranium industry veteran with over 10 years of experience, Siobhan presents an informative overview of the global uranium market. Having worked on projects in Australia, Namibia, and Canada, Lancaster provides unique insights into uranium production and mining. The discussion begins with an introduction to the four major uranium producing countries - Kazakhstan, Australia, Namibia, and Canada. Together they account for over 74% of global uranium production. Key details on each country's market share, mining techniques, major mines, and ownership are provided. Siobhan offers an in-depth look at major uranium mining projects around the world, including the massive Husab mine in Namibia, high-grade deposits in the Athabasca Basin, and the technical marvel of Cigar Lake in Canada. Challenges facing each jurisdiction are also examined. Trends like China's growing demand and strategic contracting of uranium supply are noted, as well as the potential for in-situ leach mining to be a game changer in reducing costs and environmental impacts. The discussion underscores uranium's pivotal role in nuclear energy. Sign up for Crux Investor: https://cruxinvestor.com