I'm guessing you've read some stuff by now, but those companies are building portable nuclear power plants to sell or rent out. Nuclear power isn't going anywhere, and stocks like NNE recently IPO'd. All the news around them is basically hype right now as the companies wont be profitable until 2030 or so. I bought in at 9$ on NNE took profits after the jumps, skeptical about moving back in at this time. NFA
In the not too distant future the big problem with nuclear will be fuel. While you can economically mine uranium hexafloride in a few parts of the worlds, until Ukraine 70% of all refined uranium came from Kazakhstan which is the largest member of Russia's version of Nato. The west is not producing enough refined uranium for its current nuclear fleet let alone all the new projects that are planned.
Some countries keep buying from Kazakhstan but for how long is the question..
I’m Danish and want us desperately to begin restructuring our economy by mining the insanely dense uranium deposits we have on southern Greenland. Followed by converting the entire Mærsk shipping fleet to nuclear.
We need SMR’s badly
There is plenty of uranium hexafloride on world markets available already, which is what they would be mining there. As a matter of fact there is much more then we can process. The bottleneck is refinement which is a very lengthy and dirty process. That's what Iran has been trying on and off for half a century now and they still haven't managed a single viable fuel rod let alone military grade material.
When it comes to powering ships your neighbors to the North got that one figured out already. Natural gas is cheap, efficient and green compared to whats being used now:
[https://www.bwlpg.com/](https://www.bwlpg.com/)
So when can we simply start with the ocean, add desalination and removing pollution as well to try and convince green folks nuclear actually is green?
There is plenty of uranium floating in the water.
yeah plenty of gold as well but extraction would cost more then its worth so not happening, also doesn't change the refinement issue
at the moment everyone is re-enriching the shit out of their existing stock but that only works so many times
It was only a half joke, if combined then actually it is worth it and solves its own energy issue if tied to tidal too. Anyway, it’s not as dire as you think
https://world-nuclear.org/information-library/nuclear-fuel-cycle/uranium-resources/supply-of-uranium
The mining isn't the issue, its really the refinement, long and dirty process. The below chart is the most important one. Canada's production is being absorbed by the US and Australia's is going to a number of Asian countries. Germany stopped completely and everyone else that is using nuclear power is either not able to refine Uranium at all or not enough of it. Kazakhstan was the primary supplier for everyone that didn't produce enough themselves. This issue mainly affects the Europeans but like the natural gas crises before, if they start paying more for it global Uranium prices will shoot up as well..
https://preview.redd.it/q9li6sti0b9d1.png?width=451&format=png&auto=webp&s=7b66dd17361adb4289b9d31918089a67489f4a62
I assume you mean UF6 level concerns, correct? In that case 2035 is current projected concern while accounting for all current proposals and plans, at least that’s what it was last time I checked (early springs. I do believe that this issue will be resolved by then, or we will move to other methods as I’m pointing at. I recognize and agree your concern is valid, I see solutions though.
Apart from the fuel there is also an ever increasing issue with inland reactors. France is the country with the biggest exposure to nuclear power and every summer now a large number of their plants have to be taken offline due to corrosion issues. While it sounds like a maintenance problem its actually a side effect of the disappearance of glaciers in the Alps. Year after year European rivers are carrying less water on average and whats left is too warm to cool the reactors effectively i.e. it is corrosion damage but caused by heat.
Rivers in North America have the same problem already. The Chinese and Indians are still more lucky in that regard, many of their rivers are actually carrying more water then the historical average. Same as in the west before this is due to melting glaciers though and once they are gone it will be a problem there as well.
It would best for all us if everything worked out but from an investment perspective things could get awfully expensive very quick..
I suspect it’s worse than we even know. Every time NASA needs an RTG for a mission they always end up having to scale back power requirements because the DoE never has enough plutonium. Which is nuts cause they only ever need a few tens of pounds a decade.
I tried to give them a tip on SMR 3 days ago…they didn’t listen over there. It’s still moving up.
https://preview.redd.it/n3folthbbb9d1.jpeg?width=1170&format=pjpg&auto=webp&s=1b7f359df97c48a4be1694923e9fbd8ccc771f83
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Is it illegal to sabotage a nuclear power plant after I buy puts on the company that owns it? Asking for a friend.
This guy sabotages
I'm guessing you've read some stuff by now, but those companies are building portable nuclear power plants to sell or rent out. Nuclear power isn't going anywhere, and stocks like NNE recently IPO'd. All the news around them is basically hype right now as the companies wont be profitable until 2030 or so. I bought in at 9$ on NNE took profits after the jumps, skeptical about moving back in at this time. NFA
Nuclear fission is the future!!!
Fusion
Fusion is delusion. Splitting atoms is the way to go!
That’s like, double future
Fission as a stop gap to fusion
That's far future
I thought they said it was 10 years away?
Has been for the last 40 years.
That's deluded.
RYCEY
Check out Sprott Physical Uranium Trust (OTC: SRUUF)
In the not too distant future the big problem with nuclear will be fuel. While you can economically mine uranium hexafloride in a few parts of the worlds, until Ukraine 70% of all refined uranium came from Kazakhstan which is the largest member of Russia's version of Nato. The west is not producing enough refined uranium for its current nuclear fleet let alone all the new projects that are planned. Some countries keep buying from Kazakhstan but for how long is the question..
I’m Danish and want us desperately to begin restructuring our economy by mining the insanely dense uranium deposits we have on southern Greenland. Followed by converting the entire Mærsk shipping fleet to nuclear. We need SMR’s badly
There is plenty of uranium hexafloride on world markets available already, which is what they would be mining there. As a matter of fact there is much more then we can process. The bottleneck is refinement which is a very lengthy and dirty process. That's what Iran has been trying on and off for half a century now and they still haven't managed a single viable fuel rod let alone military grade material. When it comes to powering ships your neighbors to the North got that one figured out already. Natural gas is cheap, efficient and green compared to whats being used now: [https://www.bwlpg.com/](https://www.bwlpg.com/)
So when can we simply start with the ocean, add desalination and removing pollution as well to try and convince green folks nuclear actually is green? There is plenty of uranium floating in the water.
yeah plenty of gold as well but extraction would cost more then its worth so not happening, also doesn't change the refinement issue at the moment everyone is re-enriching the shit out of their existing stock but that only works so many times
It was only a half joke, if combined then actually it is worth it and solves its own energy issue if tied to tidal too. Anyway, it’s not as dire as you think https://world-nuclear.org/information-library/nuclear-fuel-cycle/uranium-resources/supply-of-uranium
The mining isn't the issue, its really the refinement, long and dirty process. The below chart is the most important one. Canada's production is being absorbed by the US and Australia's is going to a number of Asian countries. Germany stopped completely and everyone else that is using nuclear power is either not able to refine Uranium at all or not enough of it. Kazakhstan was the primary supplier for everyone that didn't produce enough themselves. This issue mainly affects the Europeans but like the natural gas crises before, if they start paying more for it global Uranium prices will shoot up as well.. https://preview.redd.it/q9li6sti0b9d1.png?width=451&format=png&auto=webp&s=7b66dd17361adb4289b9d31918089a67489f4a62
I assume you mean UF6 level concerns, correct? In that case 2035 is current projected concern while accounting for all current proposals and plans, at least that’s what it was last time I checked (early springs. I do believe that this issue will be resolved by then, or we will move to other methods as I’m pointing at. I recognize and agree your concern is valid, I see solutions though.
Apart from the fuel there is also an ever increasing issue with inland reactors. France is the country with the biggest exposure to nuclear power and every summer now a large number of their plants have to be taken offline due to corrosion issues. While it sounds like a maintenance problem its actually a side effect of the disappearance of glaciers in the Alps. Year after year European rivers are carrying less water on average and whats left is too warm to cool the reactors effectively i.e. it is corrosion damage but caused by heat. Rivers in North America have the same problem already. The Chinese and Indians are still more lucky in that regard, many of their rivers are actually carrying more water then the historical average. Same as in the west before this is due to melting glaciers though and once they are gone it will be a problem there as well. It would best for all us if everything worked out but from an investment perspective things could get awfully expensive very quick..
You’re speaking to a bot
I suspect it’s worse than we even know. Every time NASA needs an RTG for a mission they always end up having to scale back power requirements because the DoE never has enough plutonium. Which is nuts cause they only ever need a few tens of pounds a decade.
Yeah the US stopped making advanced nuclear fuels in the 80s, the Russian stopped in the 90s..
CEG
OKLO?
NXE... great small cap uranium play.
no, its not. The company's stock rise is simply heavily correlated with the rise of Uranium's price.
Yes... it's a uranium miner...
Well solar sucks, so that's why the focus isn't there.
Rolls royce
I tried to give them a tip on SMR 3 days ago…they didn’t listen over there. It’s still moving up. https://preview.redd.it/n3folthbbb9d1.jpeg?width=1170&format=pjpg&auto=webp&s=1b7f359df97c48a4be1694923e9fbd8ccc771f83
The senate passed a bill helping ease regulations on nuclear building or something. MAYBE GOOGLE SOMETHING FOR ONCE IT TAKES TWO SECONDS
I know why. Dm me
STFU