Uranium Insights - with Brandon Munro
Dig Deep
The World Needs Uranium
Uranium is an unsubstitutable fuel for nuclear power reactors. If the world stopped mining uranium, then ten % of the world's electricity would cease to function. Nuclear energy produces more than 50% of the clean, emissions free energy in the us. So it has a very important role to play to day, but also going into the future.
In this episode we chat to Brandon Munro, CEO at Bannerman Resources, an ASX and NSX listed exploration and development company with an 95% interest in the Etango Uranium Project in Namibia. Brandon is on the podcast to discuss all things uranium as he is an expert in this sector. He is the author of a book called “Uranium Insights” and also the chair of the nuclear fuel demand working group within the World Nuclear Association so is entrenched in the sector.
We discuss why the world needs uranium and why it’s been in a bear market since the Fukushima nuclear accident in 2011 and what happened since then. We talk about the supply and demand issues and why the price is very low to its all-time high.
It’s an interesting episode packed with knowledge if you want to know more about uranium as it enters a bull market and why uranium is needed for global energy supply.
KEY TAKEAWAYS
- Having run a project for over 15 years has allowed Bannerman to create a foothold, not just in terms of relationships, but knowledge base.
- Refining projects means that projects become more streamlined in terms of development hurdles. This can then be expanded back outwards.
- Helping people is easy, but having a truly transformative effect upon people’s lives is more difficult. That is why choosing the site of projects can allow true change for countries that need it.
- Today, there is a pronounced deficit in uranium, which is being met by draw-down in excess inventories.
BEST MOMENTS
‘The nuclear energy sector is a very conservative sector’
‘We have a degree of pedigree in terms of consistency’
‘You can have such a big impact on so many lives’
‘We had a 10% hole punched out of demand’
VALUABLE RESOURCES
Dig Deep – The Mining Podcast on iTunes
Brandon Munro LinkedIn - https://www.linkedin.com/in/brandonmunro/?originalSubdomain=au
Brandon Munro Twitter - https://twitter.com/brandon_munro?lang=en
ABOUT THE HOST
Rob Tyson is an established recruiter in the mining and quarrying sector and decided to produce the “Dig Deep” The Mining Podcast to provide valuable and informative content around the mining industry. He has a passion and desire to promote the industry and the podcast aims to offer the mining community insight into people's experiences and careers covering any mining discipline, giving the listeners helpful advice and guidance on industry topics.
Rob is the Founder and Director of Mining International Ltd, a leading global recruitment and headhunting consultancy based in the UK specializing in all areas of mining across the globe from the first world to third world countries from Africa, Europe, the Middle East, Asia, and Australia. We source, headhunt, and discover new and top talent through a targeted approach and search methodology and have a proven track record in sourcing and positioning exceptional candidates into our client's organizations in any mining discipline or level. Mining International provides a transparent, informative, and trusted consultancy service to our candidates and clients to help them develop their careers and business goals and objectives in this ever-changing marketplace.
CONTACT METHOD
Email: rob@mining-international.org
Website: https://www.mining-international.org/
LinkedIn: https://www.linkedin.com/in/rob-tyson/
Twitter: https://twitter.com/MiningRobTyson
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