Energy Fuels: Nuclear Power is Making a Comeback, Higher Uranium Prices Needed


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This interview was filmed on June 13, 2022.

The uranium market fundamentals are the best they have ever been, according to the CEO of Energy Fuels, Mark Chalmers.

“Higher prices drive the market, and we saw a nice run up a few months ago,” he said. “It’s come back a little bit, but the price of producing a pound of uranium is higher than the current spot price, so prices have to go up.”

#PDAC2022 #Investing #uranium

00:00 – Intro
00:53 – US administration buying enriched uranium from American producers
1:33 – Uranium enrichment landscape in the US
2:45 – Efforts from the uranium sector to develop domestic sources
3:52 – Thoughts on the global uranium market
4:59 – Why higher prices are needed
6:00 – Energy Fuels updates
7:01 – Rare earths project in Brazil
08:10 – Vanadium optionality
09:22 – Security of supply for critical minerals
11:47 – Outro

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The Investing News Network does not guarantee the accuracy or thoroughness of the information reported in the interviews it conducts. The opinions expressed in these interviews do not reflect the opinions of the Investing News Network and do not constitute investment advice. All readers are encouraged to perform their own due diligence.

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