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Uranium Shortage Looms as Demand Soars | Perth News

Uranium Shortage Looms as Demand Soars | Perth News

Published 2 weeks, 1 day ago
Description

Uranium is in serious short supply as global demand surges with nuclear power expansion in the U.S., China, and India. Paladin Energy, led by CEO Paul Hemburrow, is stepping in with renewed production from its Namibian mine and pushing forward on a major Canadian project, all while selling at record prices. With reactors needing fuel and existing mines struggling to keep up, the yellowcake market is heating up — and this could be a game-changer for global energy security.

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