Dates and timing are important.
https://slguardian.org/uranium-prices-soar-to-record-highs-as-ai-data-centres-tighten-market/
It has 2027 as a key date for supply crunch for Nuclear Fuel. Our date of 2028 is right on target I think. The Linked Page won't let me copy a summary sorry
It a story from UXC $190 SWU price from $56 just 3 year ago and also from Nick Lawson (Ocean Wall)
Our recent announcement"GLE Selected for DOE LEU Enrichment Award
December 11, 2024 "
....
"The award provides a minimum contract value of $2 million and a maximum value for all awardees totaling $3.4 billion. The final award value will depend on competitive task orders to be subsequently issued by DOE.
GLE CEO Stephen Long stated: “This award represents another milestone for GLE’s planned deployment of the Paducah Laser Enrichment Facility and demonstrates DOE’s continued confidence in GLE’s technology and potential to deploy a commercial enrichment plant. GLE is the only awardee deploying
previously licensed next-generation laser enrichment technology and the only entity capable of providing a fully domestic, single site solution to supply critically needed new U.S. capacity for uranium, conversion, and enrichment utilizing the DOE’s legacy depleted uranium tails.This project would support both new enrichment capacity and the cleanup of DOE legacy activities.”"
News just keeps rolling in for us.
Have a great day all
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