Copy
Update from Berkeley Energia
View this email in your browser

Trump: “I’m in favor of nuclear energy, very strongly in favor of nuclear energy”

Newly elected President of the United States, Donald Trump, is a long term supporter of nuclear power. He has been quoted saying: “I’m in favor of nuclear energy, very strongly in favor of nuclear energy.” 
 
During his campaign Trump detailed his stance on nuclear, highlighting that it is “a valuable source of energy and should be part of a program for providing power for America long into the future.” 
 
Dave Talbot, Director of Mining Research at Dundee Capital Markets, commented in his note last week that Trump sees nuclear as part of the energy mix that is required for energy independence.
 
Also last week, the UK’s Business and Energy Secretary, Greg Clark, spoke about the importance of alternative sources of power such as nuclear. 
 
Clark said that nuclear has “a big role to play”, adding that it is favoured by the government as it is classed as a “clean source”.
 
With first production expected in 2018, and the only major uranium mine in the world currently under construction, Berkeley Energia is ideally placed to cater for this global increase in demand for uranium. 
 
Berkeley Energia’s US$100 million project will be Europe’s only major uranium mine. Once in production it will be one of the world’s biggest producers supplying over four million pounds of uranium concentrate a year, equivalent to approximately 10% of the continent’s total requirement. 
 
Following a successful $30m financing, the only junior mining company outside the U.S. to have successfully raised finance for the development of a new uranium mine in the past decade, Berkeley Energia is now moving ahead towards full construction next year. 


Previous announcements:

For further information please contact Katie Ryall on +44 (0)207 478 3900 or kryall@berkeleyenergia.com 

Email: info@berkeleyenergia.com 
Web: www.berkeleyenergia.com
 
You can update your preferences or unsubscribe from this list


Copyright © 2016 Berkeley Energia, All rights reserved.