Bob Brackett
speaker
400 appearances
1 recordings
1 series
first heard Nov 2024
last heard Nov 2024
Bob Brackett’s voice in public audio — every appearance, attributed to the second.
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Appearances
And so I'm
perfectly happy because uranium is something that's been in my head uh and it's had this a lot of client interest in the last year and that's sort of inflected up just in the last months.
Okay.
So we were
were reading your clients.
Yeah, we were you you sensed the bar.
Yeah.
And so it's it it is a small market.
So it's 200 million pounds.
And when you ever hear million, that sounds like a lot, but then you divide by 2,000 pounds per ton and it's a hundred thousand kilotons.
And to put that into context, I'm going down next month to Escondita, the world's largest copper mine.
It
moves a million tons a year of just copper.
And so you could fit 10 of the entire uranium industry within a single copper mine.
So it's a very small industry.
It's an industry that sells to one customer.
A lot of commodity like copper goes into all parts of the economy.
Uranium goes into nuclear power, but it's very small, it's very regulated
And there's been this challenge between local ESG and global ESG in the energy transition, which is to say, I'm going to go into your remote community in South America and say, for the good of mankind, we need 100,000 tons a year of copper so that we can electrify the economy and reduce emissions.
And in the middle of your backyard, there's going to be a several thousand-foot open pit mine.
Showing 41–60 of 400 · page 3 of 20
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