Episode 89
Nuclear power 'crisis" has created new national security threat - Amir Adnani
There is currently no uranium production happening in North America, which poses a national security threat to the nation, as nuclear power plants will need to rely on foreign sourcing of uranium, said Amir Adnani, CEO of UEC and chairman of GoldMining. Uranium is currently trading at $27.75 a pound, but miners like UEC need the price to rise to $40-$50 a pound before production becomes economical.
Kitco NEWS Interviews · Amir Adnani, David Lin
March 10, 202135m 10s
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Show Notes
There is currently no uranium production happening in North America, which poses a national security threat to the nation, as nuclear power plants will need to rely on foreign sourcing of uranium, said Amir Adnani, CEO of UEC and chairman of GoldMining.
Uranium is currently trading at $27.75 a pound, but miners like UEC need the price to rise to $40-$50 a pound before production becomes economical.
Topics
nuclearuranium