Uranium

Hello again, and welcome to another episode of the Uranium Market Minute.

Today is Saturday, September 12th, and this is episode number 216.

My name is Justin Hune.

I'm your host.

I'm the founder and publisher of the Uranium Insider Investing Newsletter, the only investing newsletter that focuses solely on uranium and publishes on a regular monthly basis.

As always, nothing that you see or hear in this podcast is intended to be investing advice.

I am not your financial advisor.

The absolute insane growth rate of the nuclear capacity with respect to China, specifically, Russia has an enormous export program.

And then really since the start of the year, the whole nuclear sector has been trading down quite a bit this year.

Why is that? And does uranium, does this stock really kind of dependent on that excitement coming back, the momentum coming back to the nuclear sector as a whole?

It does, but I look at it more like, once again, I think you've had many stocks, many nuclear stocks, many Iranian stocks that got ahead of the actual story.

The reason why it's fallen off since the start of the year is a lot of investors began to realize that the big nuclear reactors take a long time to build.

There's still, I mean, as much as we can cut regulation, we can cut some red tape.

So I think it's important at the moment to make sure I get my chemistry terms right because I'm walking along here and I may be mixing them up as I describe them to you.

But U-92, 92 is the atomic number.

U-238 or U-235 is referred to as the isotope mass number.

Remember, the isotope is a version of the particular atom that applies, and the number applies to the number of nucleons, neutrons, and protons within the nucleus of the atom.

So I should refer to mass number when referring to 238 or 235 and the atomic number when referring to U-92 as on the periodic table.

So another interesting aspect of what is often referred to as nuclear dust, it's a term used in medicine and in theoretical models of scattered particles and so on.

I kind of explained that before, but didn't go into it in that kind of detail.

Together these Actions in this movement put a major spanner in the works of the ruling class' nuclear ambitions.

With Anthony Albanese continuing to pump billions of dollars into militarism, with the centerpiece of this being the AUKUS nuclear submarine deal, which would see Australia supplied with some 11 Virginia-class nuclear-powered submarines in preparation for war with China, there's a particular relevance to going back and looking at the rich history of the anti-uranium movement.

That history also has rich lessons for the wider anti-war and Palestine movements today.

Again, coming out of that 600-strong convoy to Pine Gap, which really helped expose that facility's critical role in US imperialist aggression and in Israel's genocide.

According to one academic at the time, the 1960s saw small groups of students, white-collar professionals, and some middle-class activists start to form campaigns that were at the time exclusively focused on opposing nuclear weapons and technology.

And so you saw CND groups pop up in Melbourne, Brisbane, Sydney, and Perth, in the early 60s, but soon as anti-Vietnam War sentiment and the campaign against conscription came about, that was overshadowed by that at the time.

When the high point of the anti-uranium campaign came about in the 70s, which I'll turn to, that had been off the back of a whole range of other social movements that that campaign intersected with.

And so these included the anti-Vietnam War movement, the women's liberation movement, gay liberation, and Aboriginal struggles for land rights.

Pluto is, you know, the things that are buried underground.

Uranium is trying Uranus and Gemini.

So they're in this unstoppable, unfiltered angle.

So, you know, Uranium, Uranus, like Pluto, Exploding things, combustible things, and just like pet grievances.

That's flowing freely.

And in between them is like, if you kind of picture...