Founded in Texas in 2012 the Mongolia Mining Company has focused on global Uranium Mining for several years, as the world populations continue to grow outdated fossil fuels will be unable to keep up.
A new generation has evolved that wants a cleaner source of energy for their electric cars to their smart homes and the entire infrastructure of their cities and Nuclear Energy will supply that by the electricity it produces using the Uranium that fuels those reactors.
This shows the number of operable nuclear reactors as of January 1st, 2018, by country. Which were in operation as of January 2018. Operable nuclear reactors are those connected to the grid.
In 1954, history was made when nuclear fission technology was approved for commercial purposes and the first nuclear power plant started operation in the Russian city of Obninsk.
For the first time, it was possible to meet the demand of an increasingly energy-thirsty world – at a reasonable price, too.
Nuclear Energy will emerge over fossil fuels
United States & World Energy
This illustrates the leading ten countries worldwide based on uranium consumption in 2016. In that year, the United States was the largest uranium consumer worldwide, using a total of almost 18.2 thousand metric tons of Uranium vs. Russia 6.5 thousand metric tons.
The United States produces only 1.1 metric tons yet uses 18.5 metric tons. Russia produces 3.5 metric tons yet uses 6.5 metric tons. China with 1.3 Billion people currently use only 5.3 metric tons and only produce 1.6 metric tons with more Nuclear Reactors under construction than any other country they will surpass both the US and Russia in Uranium consumption when they become operational. The demand is high for mining Uranium for these Big 3 Super Powers of the World.
We develop Uranium Mining opportunities and partnerships worldwide, as well as NYMEX market positions in Uranium Futures when the market fluctuates, and reserves are depleted, along with applications for mining concessions with State, Federal & Foreign Governments.
“We are building the Future of Global Energy”