U.S. Producers are Badly Needed!

It’s a supply-versus-demand imbalance that has completely gotten out of hand.

Calling it a supply crunch or deficit doesn’t fully describe what’s happening in the U.S. nuclear industry today, in my opinion.

Non-existent really isn’t an exaggeration, as the nation continues to struggle just to get a sliver of the global uranium industry pie.

To put it bluntly, it’s a misconception that America’s nuclear plants use domestically-produced uranium.

The owners and operators of U.S. nuclear power reactors purchased the equivalent of about 48.9 million pounds of uranium in 2020, but unfortunately, they remain highly reliant on foreign sources for that uranium:

  • 22% from Kazakhstan
  • 22% from Canada
  • 16% from Russia
  • 11% from Australia
  • 8% from Uzbekistan
  • 5% from Namibia

America is so dependent on other nations – some of them less friendly than others – for such an essential energy source.

This is a truly unsettling scenario: nuclear power plants provide roughly 20% of the electricity in the U.S., yet domestic uranium output is minuscule.

Asian nations are working around the clock to grow their nuclear footprint, thereby putting the U.S. at an even greater disadvantage in the race to adopt clean, sustainable energy.

Kazatomprom slashed its 2020 uranium production forecast by up to 10.4 million pounds – equivalent to 8% of the global supply at that time – due to government-imposed measures to mitigate the spread of the virus, so the supply side got even tighter.

93% Of Investors Generate Annual Returns, Which Barely Beat Inflation.

Wealth Education and Investment Principles Are Hidden From Public Database On Purpose!

Build The Knowledge Base To Set Yourself Up For A Wealthy Retirement and Leverage The Relationships We Are Forming With Proven Small-Cap Management Teams To Hit Grand-Slams!

    Today, the United States imports more than 90% of the uranium that it uses, and as you can imagine, the last thing the U.S. government wants is for the country to compromise its energy security by depending on foreign-sourced uranium.

    Moreover, this is taking place at the worst possible timing since the nation’s electricity demand, according to the U.S. Department of Energy, will increase by 24% by the year 2035.

    This means that the country will require hundreds of new nuclear power plants in order to maintain America’s current living standards and expectations for economic growth, in my view.

    After falling below the crucial $20 mark in 2017, it has made a comeback.

    By the summer of 2021, uranium topped $32 per pound.

    The answer is to have uranium producers on U.S. soil. The lack of local production is negatively impacting the nation politically, economically, and even in America’s safety and security.

    Research Uranium Energy Corp (NYSE: UEC)! Download its full presentation HERE!

    Prosperous Regards,
    Kenneth Ameduri
    Chief Editor, CrushTheStreet.com

    Governments Have Amassed ungodly Debt Piles and Have Promised Retirees Unreasonable Amounts of Entitlements, Not In Line with Income Tax Collections. The House of Cards Is Set To Be Worse than 2008! Rising Interest Rates Can Topple The Fiat Monetary Structure, Leaving Investors with Less Than Half of Their Equity Intact!

    Protect Yourself Now, By Building A Fully-Hedged Financial Fortress!

      Legal Notice: No matter how good an investment sounds, and no mater who is selling it, make sure you’re dealing with a registered investment professional. Use the free, simple search at investor.gov

      We are not brokers, investment or financial advisers, and you should not rely on the information herein as investment advice. We are a marketing company and are paid advertisers. If you are seeking personal investment advice, please contact a qualified and registered broker, investment adviser or financial adviser. You should not make any investment decisions based on our communications. On March sixteenth, twenty twenty one, in connection with our agreement with Uranium Energy Corp, we have been compensated two hundred thousand Canadian dollars for a one year marketing agreement. On March thirty first, twenty twenty one, in connection with our agreement with Uranium Energy Corp, we have been compensated three hundred and twelve thousand Canadian dollars for a one year digital marketing campaign. In addition, Uranium Energy Corp has compensated us in twenty twenty one one hundred and twelve thousand three hundred dollars for ad buying and digital marketing expenses. We own one hundred and fifty thousand restricted shares of Uranium Energy Corp. We have been previously compensated by Uranium Energy Corp for agreements that have since expired. Examples that we provide of share price increases pertaining to a particular Issuer from one referenced date to another represent an arbitrarily chosen time period and are no indication whatsoever of future stock prices for that Issuer and are of no predictive value. Our stock profiles are intended to highlight certain companies for YOUR further investigation; they are NOT stock recommendations or constitute an offer or sale of the referenced securities. The securities issued by the companies we profile should be considered high risk and, if you do invest, you may lose your entire investment. Please do your own research before investing, including reading the companies’ SEDAR and SEC filings, press releases, and risk disclosures. Information contained in this profile was provided by the company, extracted from SEDAR and SEC filings, company websites, and other publicly available sources. We believe the sources and information are accurate and reliable but we cannot guarantee it.

      Please read our full disclaimer at Crushthestreet.com/uecdisclaimer