The Uranium Market is Shifting w/ Lester Esteban
Uranium supply is becoming increasingly scarce as secondary sources deplete, prompting utilities to seek long-term contracts to secure their requirements. With 77% of utility needs dependent on secondary sources and emerging projects, the uranium market is shifting, revealing a fragile balance between supply and demand.
Lester Estaban, the CEO and Director of Traction Uranium, talked about his predictions for the energy sector and the latest news in the Canadian uranium market.
Find out more about Traction Uranium here: https://tractionuranium.com/
(CSE: TRAC | OTCQB: TRCTF)
Chapters:
00:00:00 - Introduction to Traction Uranium and the Energy Sector
00:01:51 - Climate Change and the Uranium Industry
00:03:51 - Nuclear Power and Supply
00:06:10 - Uranium Supply and Demand
00:08:52 - The Fragility of Uranium Supply
00:11:12 - Saskatchewan's Mining Industry Updates
00:13:21 - Uranium Discoveries at Key Lake South and Hardy Bay
00:15:25 - Experience and Expertise of the Team
00:17:38 - Traction Uranium shareholder base and financial status
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