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Stock impact report

Pioneering in-situ recovery in Canada to capitalize on heightened uranium demand [Globe and Mail, The (Toronto, Canada)]

Denison Mines Corp Ordinary Shares (Canada) (DNN) 
NASDAQ:AMEX Investor Relations: denisonmines.com/s/investorrelations.asp
While lithium, cobalt, copper and nickel are among the minerals often mentioned in this context, there is one element that more accurately fits the term – and that's uranium, says David Cates, president and CEO of Denison Mines Corp . “What other people call energy metals are really battery or transmission metals. Uranium, on the other hand, is literally used to make electricity.” There is heightened interest in integrating more nuclear energy, powered by uranium, into electricity grids in Canada and across the globe, says Mr. Cates. “In Ontario, 60 per cent of our power is currently coming from nuclear, which has played a big role in decarbonizing the province's energy system.” This fact alone illustrates that “nuclear energy and uranium mining are not at odds with our federal government's climate change agenda,” he proposes. “On the contrary, they can bring enormous environmental benefits along with being significant drivers of our economy.” Beyond its use in domestic power ge Show less Read more
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