Nuclear Power Resurgence: Japan and China Lead the Way as Uranium Market Heats Up
The global nuclear power industry is experiencing a resurgence, with Japan and China at the forefront of this renewed push for clean, reliable energy. This shift comes as countries seek to reduce their reliance on fossil fuels and combat climate change, while also ensuring energy security in an increasingly volatile world. Japan’s Nuclear Comeback Japan, […]
Residents living near a uranium enrichment plant continue to fight for benefits years after the Cold War
Residents of Piketon, Ohio, are facing staggering rates of cancer, with many attributing the high incidence to the fallout from the once-booming Portsmouth Gaseous Diffusion Plant in the area. Gina Doyle, a lifelong resident of Piketon, knows all too well the toll that cancer has taken on her community. From colleagues at the nursing home […]
SRC anticipates annual production of 400 tonnes of rare earths due to new agreement
The Saskatchewan Research Council has announced a groundbreaking partnership with the Vietnam-based Hung Thinh Group that will see the production of 400 tonnes of rare earth metals each year, starting in 2025. This comes after the council signed a five-year agreement in principle to import 3,000 tonnes of rare earth carbonate annually. Rare earth metals […]
Uranium, the next big trend Stock Market trend?
Everyone is looking for “the next lithium” in reference to the massive rallies ASX listed lithium stocks have enjoyed over the last 24 months. Some have bravely touted uranium as the next resources sector destined to pop. Clearly there are some key potential drivers here, energy security concerns in the wake of Russia’s invasion of […]
Chinese espionage agency warns of foreign infiltration in rare earth and food technology industries
In recent news, two individuals in China have been sentenced to jail time and had their personal property confiscated for providing state secrets to foreign entities. Cheng, who was fined 100,000 yuan (US$13,800) and had property worth 900,000 yuan seized, shared information about rare earths with a foreign non-ferrous metals company. Ye, on the other […]
Lack of transparency around Chinese investment in critical minerals sector threatens Canadian mining capital
Confusion surrounding Chinese investment in the Canadian critical minerals sector is causing uncertainty among investors and potentially putting Canada’s mining industry at risk, according to executives and analysts. Despite Ottawa’s announcement in late 2022 that it would only allow Chinese investment under exceptional circumstances, the lack of clear guidelines has led to continued attempts by […]
Grid Battery Exploration Team begins work on its Clayton Valley Lithium Project
Coquitlam, BC – March 28, 2024- Grid Battery Metals Inc. (the “Company” or “Grid”) (TSXV: CELL, OTCQB: EVKRF FRA: NMK2) is pleased announce that our 2024 Exploration Program has officially started on its Clayton Valley Lithium Project. The 2024 Exploration Program will begin with a Magnetotelluric (MT) geophysics survey performed by the KLM Geoscience (“KLM”) as […]
Nuclear Energy Stocks Should Keep on Raking in the Gains
Key Takeaways: While the broader market has had its ups and downs over the past year, someone forgot to give that memo to the red-hot nuclear energy sector. The Global X Uranium ETF (URA) is up more than 54% since March 2023. The Sprott Uranium Miners ETF (URNM) is up nearly 65%. And U.S.-based uranium miner Uranium Energy (UEC) has popped almost 110%. In other words, the […]
The Lithium Boom: Powering the Energy Transition
The Current Landscape The lithium market experienced a remarkable surge in 2022, with prices reaching historic highs driven by an insatiable demand for lithium-ion batteries from the booming electric vehicle (EV) industry. Lithium carbonate prices peaked at over $70,000 per tonne, a staggering increase from just a few years prior when prices hovered around $10,000 […]
The Resurgence of the Uranium Market
The uranium market has been on a remarkable journey, marked by both challenges and opportunities. Once considered a controversial energy source, uranium is now experiencing a renaissance as the world grapples with the need for clean, reliable, and sustainable energy sources. A Brief History The uranium industry has a storied past, with its roots tracing […]