This article has been disseminated on behalf of Purecore Metals Inc. and may include paid advertising.
Purecore (CSE: PURE) (FSE: J8Y) (OTCQB: PPUR) announced the publication of Uranium and the AI Power Boom, an industry report examining global uranium supply and demand amid rising electricity consumption from artificial intelligence (“AI”) and data center infrastructure. Drawing on research from the International Energy Agency (“IEA”), International Atomic Energy Agency (“IAEA”) and other industry sources, the report highlights projections that data center electricity consumption could reach 950 terawatt-hours annually by 2030, while global nuclear generating capacity could exceed 1,000 gigawatts by 2050 under a high-growth scenario. The report also examines industry projections of cumulative uranium supply deficits ranging from approximately 700 million to 1.7 billion pounds of U3O8 through 2040, along with uranium pricing trends and nuclear utility contracting requirements.
The report also outlines Purecore’s uranium and critical minerals exploration strategy, including its Yurchison Uranium Property in northern Saskatchewan and Bankier Property in British Columbia. The Yurchison property comprises 22 mineral claims covering approximately 35,029 hectares, with Purecore holding an option to earn up to a 100% interest under an agreement with Skyharbour Resources Ltd. The company is conducting historical data compilation and technical reviews to identify future exploration targets. President and CEO Peter Berdusco said the report is intended to help investors understand the relationship between nuclear energy expansion, uranium supply and long-term electricity demand as Purecore continues building its critical minerals portfolio.
To view the full press release, visit https://ibn.fm/hdAA4
About Purecore Metals Inc.
Purecore Metals Inc. (CSE: PURE) (FSE: J8Y) (OTCQB: PPURF) is a Canadian critical minerals exploration company focused on building a portfolio of uranium and copper assets aligned with the long-term expansion of global electricity demand. The Company’s strategy focuses on the acquisition, exploration and advancement of critical mineral assets in mining-friendly jurisdictions.
For additional information, visit www.purecoremetals.com
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