In 1973, the energy landscape witnessed a seismic shift. The oil price surge, from $2.75 to $7 per barrel in a few months, had global repercussions, ushering in a tumultuous era. The stock market languished, and economic stability was at risk. However, amid the chaos, uranium emerged as a key player in the energy revolution. Nations realized the vulnerability of their energy dependence and swiftly embraced nuclear power as a solution. This pivotal moment marked the start of a transformative journey in the energy sector, emphasizing the importance of diversification and sustainability in our pursuit of a more stable and resilient energy future.
Check out this insightful article from MiningNews.net if you are interested in learning more.
It will not surprise anyone to read that uranium has been one of the best performers in the mining sector over the past 12 months with its 40% price rise, but it might be a surprise to consider Dryblower’s forecast that it could rise by another 200%.
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