The US should have been on nuclear in more area’s for a long time. My father has been a consultant in the nuclear power industry his whole life. We moved from New Jersey to Arizona where Palo Verde, the country’s largest nuclear power plant is. It not only supports Arizona, but also sells electricity to surrounding states and may sell power to nearby Mexican cities. It’s safe, effective, and reliable if done properly. The dome can take a direct hit from a 747. That’s the type of standards they’re built to.
Yes, but you need make sure we speak plainly. We are being straight up "Black Mailed" by Russia and by Saudi Arabia. That is why "Nuclear" and "Green Hydrogen" are being consider.
JH is a great resource. There are lots of talking heads out there who can process and deliver information that has been compiled by other people, but Justin is among the handful of people who ponder, investigate and compile this information personally. It’s the difference between a propulsion lecturer and someone who builds rockets. I love listening to him, he knows his craft in detail, inside and out.
Mr. Taggart, re the discussion of the Investment Reduction Act, please have someone on your show to take a deep dive into government spending in general and how it impacts investments of all kinds. What programs are proposed, passed and how they're implemented: what money is spent, not spent, wasted or stolen. Perhaps it could even be a periodical review. It is a subject that desperately needs a much broader educational outreach, not only to investors but more importantly to citizens.
@@ralph0149LOL. Thanks for the clarification, I stopped reading the above after seeing what looked like a RW smear. I agree, I am hopeful the IRA will help lead to a response and practical build out of SMR, Thorium, etc.
GREAT interview. Normally nuke subs have very high enrichments in their cores, but they can run for decades without refueling. Nuke power is the future of energy, especially small modular.
@Madame702 the Fear of rebreaders because of profileration concern has been overblown. That nuclear "waste" is also full of transuranics that have immense value medically, for deep space technology, and emerging portable nuclear "battery" technologies.
Another excellent interview. Justin Huhn is a wealth of "real world" uranium industry insights. He clearly states the major risks like geopolitical bifurcation and length of time to reach mine production including massive regulatory hurdles imposed by the NRC, Nuclear Regulatory Commission. Personally I am all in being extremely focused on SMR prospects for the future of humankind. The real sizzle is Hydrogen & Desalination byproducts of fission power generation. This will spawn hydrogen vehicles with ICE, Internal Combustion Engines, overtaking EV Electric Vehicles PLUS expanding agriculture with Desalination Irrigation. Very Exciting!
The fact that nuclear energy has not caused any significant harms to people so far when compared to other fuels does not alleviate the problems that could arise. It would be very interesting to see what scenarios around a total grid collapse are anticipated and accounted for in the safety plans. That scenario could be brought on by a variety of circumstances.
@@stanweaver6116 As stated, I am all in on nuclear power to include the handling and potential disaster of radioactive waste exposures...Madame Curries husband...dear you look radiant this evening! A few discoveries: Total waste since mid-1950s is 10 yards high covering a 100 yard football field. My view is this material could easily be buried and chambered underground like a Yucca Mountain solution. Spent uranium waste still has reusable fissionable isotopes which cost effective science is still researching how to repurpose this energy source. Note: France is already doing this and I believe Japan. My indepth research and what's "real" understanding continues in this fascinating yet very very complex industry. My portfolio allocations will be materially oriented into everything nuclear for a decade to come...I believe it's growth opportunities exceed AI Enjoy
We have been building Nuclear power plants for the last 30 years, about 70 subs and 11 aircraft carriers on Navy ships. So at least we have a fairly steady supply of engineers building and running plants. Thank you Admiral Rickover...
I've bought SMR, which is NuScale Power, a modular nuclear reactor company!! 1st new nuclear approval from the American Nuclear regulatory department in 50 years!!
Next Wednesday August 9 is earnings and potentially nice upside POP with committed funding announcement to build out prototype in Idaho Falls with UAMPS (Utah Associated Municipal Power Systems). If positive?, Tell, there might be an increase in daily volume and price over the next few days...especially if the overall market is down? Very exciting!
Moltex Energy for uranium processing. They are developing a wasteburner reactor for canada/Brunswick Energy Canada. They are a private company but they do allow investing thru crowdfunding. They have a RU-vid channel.
Adam - I am TOTALLY new to this space . Can you tell me ; is this like the commodity that I am more familiar with ( AU ) and there are individual stocks to get on the stock market as well as ( like PSLV physical silver ETF ) an ETF to diversify with ? Thanks in advance for your feedback .
Im not opposed to nuclear energy, however, is it fair to say something is zero emission when spent fuel rods have a radioactive HALF LIFE of 30 to 24,000+yrs??? (Depending on what fuel was used. Dont beat me up too bad im not a physicist) strontium and cesium vs plutonium types... That being said it's a relevant question.
Moltex Energy has a process for uranium fuel waste that greatly reduces the half life and volume of the waste fuel. They are developing a wasteburner reactor for canada/New Brunswick Energy of Canada. They have a RU-vid channel.
Re Opportunities for young people: Nuclear Engineering is very niche. Nuclear power plants hire more Electrical and Mechanical Engineers than Nuclear Engineers by a long shot according to a friend that is a Nuclear Engineer. Besides that, there are more opportunities for the broader scope of education in the EE/ME fields. FWIW, I would recommend an EE or ME major with NE minor, or just taking electives in Nuclear.
Nice guy, but man is he the biggest uranium pumper I’ve heard! Every time uranium starts doing something he comes out of the woodwork, and said something like “we’re off to the races!” And then literally a week later prices crash and he disappears.
I think the kemmerer project got pushed out even longer to build now. Forgot when it will be completed. 2027 maybe. Been keeping an eye on that development when it comes to nuclear. When bill is invested and behind it, it has a much greater chance of going forward. I would assume he’s involved in the Washington plant too
What of Thorium modular small compact tractors. No threat of weapons half life fraction of Uranium ? China has one model it is in the process of testing prior to production scale release ???😮
Check out ThorCon power. They are developing a floating 500 MWe nuclear power plant for Indonesia. They use Thorium in their reactor. Supposed to be very inexpensive design based upon ship building costs. By the way, Thorium (Th-232) breeds to uranium 233, then the Ur-233 is used to generate power similar to Ur-235 in todays light water reactors.
Question: what are the biggest risks / headwind to nuclear energy? Do you think renewable would not have made as much progress had nuclear not been taboo for the last two decades?
Democrats have been against nuclear power for decades. They blamed the three mile island mistake as a reason going forward. Regulations were put in place that prevented them from coming on line. Some were started and even walked away from after they got shut down.
Biggest risk is construction cost over runs due to high regulatory environment. Vogel 3/4 in Georgia had 2x estimated cost of 34B verses 17B estimate and time for contruction was/is at leat 2X original estimate. And this was from the Westinhouse AP1000 design, which was supposed to simplify construction. The AP1000 design was used in China without cost over runs.
@@smacclurenew advance act is streamlining regulatory process and supply chains for new builds. The only risk I'm concerned about is something that could derail this bull market in the next 3 years. Uranium price won't stay elevated forever as higher price will spur more production. SMR and enrichment companies are more of a long term play. The miners are not.
I will say this and pay attention, huge attention to it:$FSY has huge resources 115 Millions U lbs in the measured and indicated category, it's worth 6.7 Billions $ even at depressed price of uranium, and The whole company is valued at about 51 millions USD.... There are no company in the world that is coming close to this undervaluation. When you learn that Forsys is fully permitted,that the company has a lot of cash (13 millions USD) and no debt this à true no brainer. In the last Bull market Forsys had about 30 millions U lbs in the M. I category and it was worth 640 millions USD. YOU DO THE MATHS and you will understand why the stock will skyrocket and is worth more than 4000% + it's actual market cap,and this without even taking into account Inflation!
Natural gas is no longer cheap. It was cheap simply because there was not a connection to the world market. Now with all the LNG thermals the US natural gas prices are close to world prices.
"and they have been, and probably will continue to be, a very cautious people. That's just kind of their nature culturally". For those in doubt, this is in regard to the country who went to war against the US, China and the rest of Asia in one go. Just saying.
That statement about Japan being 'a very cautious people' is what we learned in school. All lies. When we are adults then we learn many truths about countries around the world. Yep...we were spoon fed crap and groomed to be good little US citizens.
My great grandma lived in the Philippines and immigrated to the US (Hawaii) in rhe 1940s. She told us crazy stories of the Japanese soldiers raiding their house and taking every last grain of rice they had and being vicious/violent.
It's at least misleading that the USA can get enough uranium from friendly countries. - friendly countries are Canada and Australia. Namibia is neutral and should be included for supply security. - as long as demand is higher than supply there is no guarantee for the US utilities to get uranium. Cameco is not exclusively selling into the USA and the Australian production is, let's say, not overwhelming at the moment. - the USA domestic producers are for example Encore, Peninsula and UEX. Energy Fuels changed from uranium to REE. But the real concerning point is the demand we will see 2030. I won't bet that we will have enough new production. This isn't gold mining. In other words, it's a raising worldwide competition to secure uranium with advantages and disadvantages for every country around the globe. Sticking only to US or Canadian domestic companies is an unnecessary additional risk for every portfolio.
I'm a retired nuclear worker . You have no idea what's going on in it's actual production until you've got to have qualified personal . All you know is if a woman is qualified to become pregnant it's all they are actually qualified to do in nuclear repair and you get rid of your workforce qualified for nothing you'll need going forward . The units we are depending on are far past design life and the vaults are full of documentation belonging to me and doubt anyone in that industry today are bogas in this manor . T/C/E
Good debate - Molten Salt Reactors will be able to use old spent fuel rods from current waste deposits. It would provide free energy for at least 150 years and reduce the half time on radiation to 300 years. It is a huge resource, that very few talk about.
Russia did not cut off anything to Europe. Europe as a vassal colony of the US stopped buying while the Americans blew up the Nordstream pipeline. For Uranium to become a thing, nations will have to build reactors. Soon enough Western nations will be able to build new reactors in any reasonable timeframe,
My schedule is very busy this week, so I cant watch the video. Can someone summarize the best ways to invest in nuclear/uranium, right now, for medium term and long term investments? Thanks
@@kellyname5733 but I don’t see a reason for their prices to drop, so putting sone money into it and forgetting about it might give big rewards later, just like when i bought Amazon in 2008 or 09, when it was $70 a share.
Great info thanks. With Japan releasing all stored contaminated waste water to Pacific ocean, the ocean, fish and our food sources are all contaminated. The disastrous consequences we have to be aware when something goes wrong with nuclear power..
The problem with nuclear is that it is inherently dangerous. It requires a LOT of knowledge to run and keep running and it only requires ONE accident to be catastrophic...as Fukushima and Chernobyl show. It doesn't have to be this type or that type, it can happen regardless. So the reality is that you can have 1000 plants all doing fine and then one accident and it can be completely catastrophic. There is no need to go through all of that. And that's not even mentioning the nuclear waste problem, that's a whole other story.
I am a subscriber. All risks and suggested portfolio weightings are clearly presented and constantly updated! Yesterday bought Global Atomic (100@$1.22) as a risky educated flyer bet...goal is a quick $1K within 3 weeks! Very exciting!
@@paulfisher4946 Very valid it's 1X I bought 1000 shares...Niger is a coup torn country...I believe the coup will be quickly overturned and/or the mine operations restored. Yes a high risk wager, but I am okay long term believeing the military will need external expertise to derive any economic benefit from the mine.
