Oil companies will not invest in uranium mines even during energy transitions because uranium mining generates only ~$200 million per year, which is insufficient to satisfy shareholder expectations from companies accustomed to billion-dollar revenue scale from hydrocarbon operations.
causalpending
Speaker
John BorshoffEvidence Quote
“if you've got a uranium mine or you're supplying uranium, uh it it is just 200 million a year”
Created: 8/12/2026, 6:39:38 PM
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