Rational Citizen

It's official!📜 Today the World #Nuclear Association reports an all-time record high of 79 reactors now under construction (86GW)🎆⚛️🏗️🌏 with another 124 advancing in the planned construction pipeline (111GW)👷 plus 305 more proposed! (285GW)🧑‍💼🤠🐂 #Uranium #EnergySecurity 🌊🏄

Australia was handed one of the greatest starting positions of any country in history Massive mineral wealth. Abundant energy. World-class beaches. Amazing climate. No fault lines... no earthquakes or tsunamis If you gave a 12-year-old this setup in a civilisation-building game, they'd build a paradise Instead, we got decades of useless politicians on both sides of the aisle who couldn't run a sausage sizzle at Bunnings without a $4 billion feasibility study and a royal commission Australia isn't unlucky. It's grossly mismanaged

The origin of this legendary meme is... *drumroll* Japan!

Wow!😲 In this fantastic interview, Cameco CEO Tim Gitzel takes U behind the scenes in the #Uranium & Westinghouse #Nuclear reactor markets to completely eradicate any doubts U may still harbour regarding the accelerating global Nuclear Renaissance.🏎️🔥⚛️⛏️ Here's a sample re the binding 10 x AP1000 US reactor builds deal with the US government: Tim: "In October I was over in Japan with the president, secretary of commerce and Bruce and and others where uh it was announced that uh with the Japanese funding uh the US government would commit $80 billion to getting new nuclear going in the US through Westinghouse. And so that's where we are today. We're working. In fact, we had meetings yesterday. In fact, I think there was a group of about 40 suppliers to Westinghouse that were on the hill in DC yesterday meeting with the government. We're moving ahead on all fronts. We want to start ordering long lead items. We're finalizing the sites, the financing, the legal agreements, all of that. And so, yeah, that's how that all came around, and we know there's more to come in the US after that. So, and once you start building in the US, Canada's another opportunity for us, Poland, we're working Bulgaria, we're working in Slovakia, Slovenia, all around the world. So, uh, the US is really kicking it off." Amber: "Let's talk about that agreement with the US because I think investors right now have a few questions about it. Um, the the strategic partnership, was it kind of, um, um, sort of an agreement on a framework? And it sounds like you're still working on making this a definitive legally binding agreement. Do you have a timeline on on when that could get settled?" Tim: "Yeah, the term sheet was in fact legally binding. So we have an agreement. We have a deal. That's a done deal. We're just putting the finetuning to it now. And I mean the agreement committed the US government to spend a minimum not not 79 billion a minimum of $80 billion with Westinghouse on new reactors. And if they did that in the next uh four years by 2029 then they would have the opportunity and if the company was worth uh $30 billion on an equity basis they would have the opportunity to to have a participating interest of of 20% of uh of any profits going forward. And so that's the guts of the deal. Uh, I mean what needs to happen now is we need to get going spending money, get those reactors started, choose the sites, and uh, you know, I think the government down there called it patriotic capitalism. If they're going to put that much money into a program and uh, and increase the value of the company, they wanted some participation and we thought it was a good deal for Cameco and our shareholders. And so that's really the guts of the deal." Amber: "So it sounds like there there's some things that need to be done though, you know finding the sites there's a lot of logistics there. 80 billion is a lot. It's it's meaningful it's by 2029 do you have a sense of like when that revenue starts to hit." Tim: "Yeah so I we won't go in maybe the normal order that you would with a nuclear plant if company X wanted to build an AP-1000 our big 1200 megawatt unit you would uh do the negotiations, nail down the legal agreements, you choose a site, do a bunch of engineering and technical work, uh get close to FID make the decision to go ahead and then uh start ordering. I think we're going to do things a little bit in reverse. What we're working on now are the long lead items because we know we're going to build those units in the US. And so that's why we had all the suppliers together. We're working on uh a list, an order for 10 kits, as we call it. Kits is really the heart of the the nuclear reactor. What's needed there? I could see that being in the 30 billion, 40 billion range and getting that order going so that we know those long lead items, the large forgings, things that you'll need get ordered and at the same time then working on site selection and financing and all of those pieces, Amber, so it's not quite going in the normal order, but we're trying to speed it up." Amber: "Does that feel like putting the horse before the cart a little bit?" Tim: "No, I we get the urgency of what they want to accomplish in the US. I can tell you uh we were with the Department of Energy and the Department of Commerce if not on a daily basis, on a weekly basis, and they want to go, they want to move. And so we've got uh we've got the signal on that. And so we're we're uh deploying all of our Westinghouse resources to get that done, including, as I say, we had our Westinghouse team and about 40 suppliers uh yesterday in uh in Washington DC meeting with all of the government officials and and on the hill to update them on the progress we're making." Amber: "So it sounds like you're you're working closely with the department. You've agreed largely on how that this how this is going to work. I'm wondering if you could comment on reports that the Department of Energy is actually looking to some of your competitors to to possibly build reactors, whether it's GE Vernova Hitachi Nuclear Energy, South Korean diplomats. This was reported a couple of weeks ago in an outfit called Canary Media. And in speaking, you know, in doing my research with with the investment community, they raised that as as a concern. Should Westinghouse be worried that the US um you know do they have the obligation to spend this $80 billion? Are they looking for other options beyond Westinghouse? What can you say about that?" Tim: "Yeah, Amber, no need for concern on that, but that's been public. We knew about that. In fact, I think that was part of the announcement back in October in Japan that uh GE has a a different product than than Westinghouse does. GE has the SMR, the BWRX300 small modular reactor, same as the one we're building, we're building in Canada at Darlington, and we know TVA's been looking at those and a few other utilities. So, we know it's going to be a mix of large and small reactors, but none none of that uh with the Koreans. You mentioned the Koreans. Of course, the Koreans are using Westinghouse technology. And uh about a year ago, we uh we we settled a long-standing dispute with them over the technology, agreeing uh really to work together uh around the world. And so uh none of that causes us any concern. Our Westinghouse deal is solid, and I can tell you we work on it every day." 🤠🐂

Australia holds 30% of the world's uranium reserves. It is the Saudi Arabia of the Southern Hemisphere, yet it refuses to lift mining prohibitions in key regions, refuses to recognise U as a critical mineral, and refuses to lift the ban on nuclear energy. Mind-blowing stupidity

Australia has the 2nd largest amount of energy resources per person in the world - after Saudi Arabia. 95% of those resources are in coal and uranium. And they are the two things that Labor won't use 🤦‍♂️

Below is a comprehensive list of countries that are energy rich in resources like coal, gas and uranium but rely heavily on intermittent energy and pay high energy bills. 1. Australia 🇦🇺

ISR #Uranium History Lesson! And how $CXU is building a strong relationship with the world's most experienced ISR miner! Please SHARE and FOLLOW to keep up to date with our journey!

Tomorrow Albo and Bowen will stand in Parliament and tell us everything is fine. Who are they f***ing kidding?

Global Atomic issues 2025 results. The Dasa #Uranium Project advanced development significantly in 2025 and in March 2026 reached 1 million hours without a lost time incident. The Company continues to advance debt, JV and other non-equity funding options. globalatomiccorp.com/investors/news…

Australia should be making this man Prime Minister.

Ka-boom!💥📰 US #Nuclear Regulatory Commission issues new licensing pathway that accelerates safe, innovative reactor deployment and reinforces US #energy leadership, marking the first new reactor licensing framework in decades!🏇🇺🇸🧾⚛️🏗️👷🦖🤠🐂 #Uranium #NuclearRenaissance #USA

Mind blowing. South Australia alone could be the Saudi Arabia of the Southern Hemisphere says Sam Bamford. With shale oil of approx. 200 billion barrels worth 60 trillion. Senator Bridget McKenzie : ‘We’re literally prioritising emissions reduction in this country above our own fuel security .. We have enough resource onshore and in The Great Australian Bight to actually make sure that we have sovereign fuel capacity.’ And yet here we are !!

When most people open social media, they’re probably not looking to learn about nuclear. Nuclear for Australia has now passed 100,000 followers across platforms, showing that it is possible to engage diverse audience online to support nuclear power. We consistently have millions of views across platforms every month, organically. It’s also yet another sign of the interest from Australians in nuclear. Thank you to everyone who follows us on our journey. This is only the start!

Oh yes. Brilliant deal. #uranium. $CXU

Breaking News!💥📰 Microsoft has just announced a new collaboration with Nvidia for #AI focused on #Nuclear #energy to "provide end-to-end tools that streamline permitting, accelerate design, and optimize operations across the industry."🏎️🔥⚛️🏗️👷🤠🐂#Uranium breakingthenews.net/Article/Micros…

panic seller vs big investors.

@patrickadownes Ok man. 🤷‍♂️👌

@RationalCitz Biden is irrelevant to the shit show that is orange man.

So Trump s more or less doubled the debt over his period in charge. He promised MAGA spaz's he'd eliminate it

@patrickadownes Bro, you claimed Trump doubled the national debt. He didn’t. You didn’t mention 10T of the increase (whatever the reason ) was over Bidens term, not Trumps. It’s relevant. You sound like an ideologue. 🤷‍♂️

@RationalCitz Fuck me dead brother.... there was a pandemic that blew the budgets of countries all over the world and triggered inflation as a result ... ps i never said the debt ranked up then was good!!!!