What role does uranium play in decarbonising the future? Why is the uranium spot price at a decade-high? And are we facing a lack of yellowcake supply?

Elevate Uranium (ASX:EL8) is carving out its name in the uranium mining space with its Marenica and Koppies projects in Namibia, contributing to a 81 mlb resource.

Elevate recently wrapped up a massive drilling program at its tenements in Namibia, with results showing a consistent connection between the numbered Koppies tenements.

The water is warm in the uranium pool this year, as spot pricing reached up to US$70/lb in September – a bullishness last seen in 2011. The uranium bulls are once again asking the question: where will supply come from?

Stockhead’s Sarah Hughan sits down with Elevate Uranium managing director and CEO Murray Hill to get the facts on uranium’s role in the low carbon future and where Africa stands in the thick of it all.

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