The uranium industry has witnessed a significant surge, with prices reaching a 16-year high. As of December 2023, uranium’s spot price stood at around $86 per pound, marking an impressive 76% increase within the year. This rise showcases the strong momentum in the uranium sector. This increase stems from several key factors. One major driver […]
Related Posts
Offshore wind farm areas in Gulf of Mexico slated for auction
The US government is preparing to lease regions within the Gulf of Mexico for the establishment of wind energy farms. This is the first instance of such an event and the auctioned areas hold the potential to generate around 3.7 gigawatts of electricity. The sites, located off the coasts of Texas and Louisiana, comprise 848.8 […]
Russian Investment Sparks Economic Hope in Mali
Mali’s economic landscape is poised for transformation as the Russian Yadran Group sets its sights on major investments. A delegation from the company, led by Board Chairman Irek Salikhov, recently met with Mali’s transitional president, General Assimi Goïta. The meeting took place in Bamako. Their discussions centered on ambitious projects aimed at revitalizing Mali’s industrial […]