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Strathmore Minerals Corp. (TSX:STM)

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Strathmore Snapshot

Strathmore is one of the largest holders of in-ground uranium resources in the United States. The Company’s goal is to become a leading uranium producer in the United States. Its core projects are located in the two largest historical uranium producing regions: the Grants Uranium District in New Mexico and the Gas Hills Uranium District in Wyoming.

Strathmore is advancing two core uranium development projects towards production: Roca Honda in New Mexico and the Gas Hills in Wyoming. In 2007, Roca Honda was partnered with Sumitomo Corp of Japan under the jointly owned subsidiary Roca Honda Resources LLC (“RHR”). In October 2009, RHR submitted its Roca mine permit application. A mine permit decision is expected in 2013. In February 2012, Strathmore optioned its Gas Hills uranium development project to Korea Electric Power Corp. (KEPCO). KEPCO can earn-in up to 40% of the Gas Hills by incurring expenditures of US $32 million over three years beginning in 2013. Strathmore expects to submit its Gas Hills mine permit application this year.

In February, KEPCO completed a US $8 million common share private placement at a price of C$0.55 per share. In May, Strathmore acquired Saratoga Gold Company Ltd and its “Copper King” gold-copper project in Wyoming. KEPCO is Strathmore’s largest shareholder with an 11.8% equity stake. – See more at: https://www.visualcapitalist.com/portfolio/strathmore-minerals-company-snapshot#sthash.n5qKDHdh.dpuf

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Energy

The World’s Biggest Nuclear Energy Producers

China has grown its nuclear capacity over the last decade, now ranking second on the list of top nuclear energy producers.

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A cropped chart breaking down the biggest nuclear energy producers, by country, in 2022.

The World’s Biggest Nuclear Energy Producers

This was originally posted on our Voronoi app. Download the app for free on Apple or Android and discover incredible data-driven charts from a variety of trusted sources.

Scientists in South Korea recently broke a record in a nuclear fusion experiment. For 48 seconds, they sustained a temperature seven times that of the sun’s core.

But generating commercially viable energy from nuclear fusion still remains more science fiction than reality. Meanwhile, its more reliable sibling, nuclear fission, has been powering our world for many decades.

In this graphic, we visualized the top producers of nuclear energy by their share of the global total, measured in terawatt hours (TWh). Data for this was sourced from the Nuclear Energy Institute, last updated in August 2022.

 

 

Which Country Generates the Most Nuclear Energy?

Nuclear energy production in the U.S. is more than twice the amount produced by China (ranked second) and France (ranked third) put together. In total, the U.S. accounts for nearly 30% of global nuclear energy output.

However, nuclear power only accounts for one-fifth of America’s electricity supply. This is in contrast to France, which generates 60% of its electricity from nuclear plants.

RankCountryNuclear Energy
Produced (TWh)
% of Total
1🇺🇸 U.S.77229%
2🇨🇳 China38314%
3🇫🇷 France36314%
4🇷🇺 Russia2088%
5🇰🇷 South Korea1506%
6🇨🇦 Canada873%
7🇺🇦 Ukraine813%
8🇩🇪 Germany652%
9🇯🇵 Japan612%
10🇪🇸 Spain542%
11🇸🇪 Sweden512%
12🇧🇪 Belgium482%
13🇬🇧 UK422%
14🇮🇳 India402%
15🇨🇿 Czech Republic291%
N/A🌐 Other2198%
N/A🌍 Total2,653100%

Another highlight is how China has rapidly grown its nuclear energy capabilities in the last decade. Between 2016 and 2021, for example, it increased its share of global nuclear energy output from less than 10% to more than 14%, overtaking France for second place.

On the opposite end, the UK’s share has slipped to 2% over the same time period.

Meanwhile, Ukraine has heavily relied on nuclear energy to power its grid. In March 2022, it lost access to its key Zaporizhzhia Nuclear Power Station after Russian forces wrested control of the facility. With six 1,000 MW reactors, the plant is one of the largest in Europe. It is currently not producing any power, and has been the site of recent drone attacks.

 

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