⛏ More Uranium Demand, Innit?

PLUS: First Hole Lithium Success

Greetings Contrarian,

Source: Trading Economics, Numerco.

This is The Next Big Rush, your daily drop of mining and energy investing news. Where we come together and head to the bar to celebrate.

Here are the highlights:

👏 First Hole Lithium Success

😎 More Uranium Demand, Innit?

🤣 Meme Of The Day

👏 First Hole Lithium Success

Azimut Exploration Inc. (TSXV: AZM) (OTCQX: AZMTF) reported assay results from the first hole of the maiden 5,000-metre core drilling program on the Galinée Property in the Eeyou Istchee James Bay region of Quebec, Canada.

Highlight:

  • 72.7 m of 2.48% Li2O (from 139.5 m)

The company also said this in the press release: Based on a visual examination of the drill core, other significant lithium intercepts are expected from this program. Hmm… OK.

😎 More Uranium Demand, Innit?

EDF Energy plans to invest £1.3 billion in extending the operational life of its UK nuclear plants, including Torness, Heysham 1 and 2, and Hartlepool, to ensure energy security and maintain current output levels.

The move follows concerns of a power supply shortage in Europe. EDF is also exploring the possibility of extending the Sizewell B plant by 20 years. The company has already extended the life of Hartlepool and Heysham 1 nuclear plants to 2026. EDF Energy aims to make a final investment decision on Sizewell B extension next year, requiring a sustainable commercial model.

Quick, update your demand forecasts of uranium and add 2 million lbs (approx) to be bought asap.

📰 In Other News:

🤣 Meme Of The Day

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The Editor

DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research.

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