Jun. 29 at 3:34 PM
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$CTVFF : One Critical Mineral the Nuclear Industry Can't Replace
Most investors know uranium powers nuclear reactors.
Far fewer know that uranium must first be converted into uranium hexafluoride before it can be enriched into nuclear fuel and that process depends on fluorine.
The catch? Fluorspar is the world's only commercial source of fluorine.
🔹 The U.S. recently announced a
$169M investment to strengthen its domestic nuclear fuel supply chain
🔹 China still produces roughly 60% of the world's fluorspar
🔹 The U.S. consumes an estimated 40,000-50,000 tonnes annually but currently has no domestic production
CleanTech Vanadium is advancing projects in the historic Illinois / Kentucky Fluorspar District, which produced more than 30 million tons of fluorspar and over 90% of historic U.S. production.
Communicated Disclaimer: https://tinyurl.com/6c8ehvy6
Sector Peers:
$ARRNF $TMRC $USAU $WWR
@CleanTechCTV
