Uranium Soaring As Countries Signal More Openness Towards Nuclear Power The Alternative Energy Source

FinancialNewsMedia.com News Commentary 

PALM BEACH, Fla, Sept. 20, 2022 /PRNewswire/ --   Recently, there has been more focus on alternative energy sources and a revisited use of nuclear power as a larger part of the solution. Market Business Insider on Yahoo discussed this saying that: "Uranium stocks are on the move as more and more country leaders are appreciating the benefits of nuclear power amid a global energy crisis. The potential renaissance in nuclear power comes six months after Russia invaded Ukraine, sparking a surge in energy prices as economic sanctions against Russia's oil markets piled up and as Russia slowed its exports of natural gas to Europe to a trickle."  It said: "Nuclear power is a clean form of energy production when the uranium waste is properly stored, and its relatively cheap to operate after the power plant has been built. Understanding this predicament, Belgium has become the latest country, joining the US, France, and others, to extend the licenses of two of its nuclear power plants.  And in what could become a major turning point for nuclear power, Japan has signaled an openness to building new power plants more than a decade after a devastating tsunami damaged the Fukushima nuclear power plant."  Active companies in the markets today include:  BASIN URANIUM CORP. (OTCPK:BURCF) (CNSX:NCLR.CN), Denison Mines Corp. ( NYSE: DNN) (TSX:DML.TO), Rio Tinto Group ( NYSE: RIO), Uranium Energy Corp ( NYSE: UEC), American Resources Corporation (NASDAQ:AREC).