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I've been following SuperCritical, a new startup working on Uranium extraction from sea water. My understanding is that the process is much more sustainable th
by ortusdux 1mo ago
I've been following SuperCritical, a new startup working on Uranium extraction from sea water. My understanding is that the process is much more sustainable than mining, which makes it easier/faster to establish a domestic source vs the permits needed for a new US based mine.
https://www.globenewswire.com/news-release/2026/08/26/3351397/0/en/engineering-study-provides-independent-assessment-of-commercial-scale-development-pathway-for-supercritical-materials-seawater-uranium-platform.html https://www.globenewswire.com/news-release/2026/08/26/335139...
- deleted 1mo ago[deleted]
- leonidasrup 1mo agoWill it be economic source uranium? Current price of uranium is quite low. https://tradingeconomics.com/commodity/uranium https://tradingeconomics.com/commodity/uranium
- ortusdux 1mo agoIf you look at the 10y plot you will see the price is about $90/lb, up from $30/lb 6 years ago. Their target has been $55/lb, so the dramatic price increase is working in their favor. That being said, I think their initial customer base would be the US government, who has no issue spending extra for domestic material.