The Mining and Minerals Thread

Business Money
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There’s a lot going on wrt mining, gold, copper, REE and other stuff these days.

Let’s start with uranium.

I’ve been watching tons of Jack Lifton recently and he like what UUUU— Energy Fuels has been up to. They have all the permits set to refine uranium and now they’re expanding into rare earths.

I bought some recently and we got some wind in the sails due to the Kazakhstan news about not meeting production quotas.

https://www.nasdaq.com/articles/kazakhstans-kazatomprom-may-cut-uranium-production-plan

ALMATY, Kazakhstan, Jan 12 (Reuters) - The world’s largest uranium producer, Kazakhstan’s Kazatomprom KZAP.KZ, said on Friday it may cut its 2024 production plan due to difficulties with the availability of sulfuric acid needed for uranium production

Long term outlook looks good as well.

Nuke the whales! :whale:

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I’m surprised uranium is this cheap. That’s like the price of tungsten.

I’m guessing this is for 2% enriched uranium, or just any uranium in general (including depleted uranium)?

A pound of 2% enriched uranium is like enough electricity for your entire life.

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No need to guess, the article describes exactly what it is for.

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