Hertz Energy Applies For Two Uranium Projects In Namibia
Posted: May 05, 2024
- Hertz Energy (CSE: HZ) has applied for two uranium projects in Namibia - The first project is near Swakopmund and the Rossing Mine, while the second is near Orano’s Trekkopje Mine - Namibia is a major uranium producer and has well-established mining infrastructure - Hertz Energy aims to increase its presence in green energy markets by expanding into Namibia - Namibia produced 6,382 tonnes of U3O8 in 2023 and mining accounted for 12% of the nation's GDP - Hertz Energy's stock last traded at $0.145 on the CSE
Summarized top reddit comments: - Hertz Energy applies for two uranium projects in Namibia - Concerns about Hertz running a uranium project after their track record with rental cars - Discussion about the safety and benefits of nuclear power - Mention of potential Russian involvement or military coups - Tangent about Namibian tribes and lions, with confusing responses.
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