Public acceptance of nuclear power at has never been higher, with growth in nuclear power at levels not seen since the 1970s. Big Tech companies are investing in nuclear power as they recognize nuclear as the carbon-free and reliable and secure baseload electricity needed to power their own growth through the development power-hungry development AI datacenters.

Geopolitical events over the past couple of years have brought attention to the severe dependency that most western countries have on insecure foreign global uranium suppliers. With Kazak production pivoting towards China and eastern buyers, the US ban on Russian uranium product imports, the complete u-turn on actual and planned premature closures of western nuclear power plants, and the incredible pace at which SMRs are being financing and constructed, nuclear utilities and their governments are increasingly focusing on domestic uranium supplies. With current US domestic uranium production satisfying less than 1% of American reactor requirements, the US government as recently announced billions of dollars worth of incentives, grants, and contracts to grow domestic uranium conversion, enrichment, and mine supply capacity. Homeland’s leadership team believes strategically that there has never been a better time to own uranium resources in the USA.

World Final Consumption of Energy and Electricity

Source: International Atomic Energy Agency, 2024. Energy, Electricity and Nuclear Power Estimates for the Period up to 2050