This podcast episode features Dr. Rob Stevens discussing uranium deposits and investment considerations. He highlights the increasing global demand for nuclear power, driven by the need for clean energy and the power requirements of AI, noting the existence of approximately 440 reactors operating worldwide with 170 more planned or under construction. Dr. Stevens identifies the main types of uranium deposits: unconformity-related, sandstone-hosted, intrusive/granite-related, and iron oxide breccia complexes. He points out that exploration is similar to other metals but faces challenges due to the depth of many deposits, requiring advanced geophysical techniques. He also notes that uranium deposits are generally low-grade, with exploration focused on areas with multiple small deposits exploitable within a single operation.
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