EPISODE · Mar 10, 2021 · 35 MIN
Nuclear power 'crisis" has created new national security threat - Amir Adnani
from Kitco NEWS Interviews · host Amir Adnani, David Lin
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.
What this episode covers
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.
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Nuclear power 'crisis" has created new national security threat - Amir Adnani
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